16485 COLLINS AVE 2538, Sunny Isles Beach, FL 33160

Parcel: 3122140260860 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$908,975

Property Details

Living Sqft
1,760
Year Built
1991
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$240,000
1992-05-01
2
$100non-market transfer
2015-08-05
BASSAM KAISSAR RACHED &W LINDA S RACHED INVESTMENTS LLC

Tax Assessment History

$908,975
Assessed (2025)
$908,975
Market Value
$908,975
Taxable Value
$18,506
Annual Tax
2024
$854,276
$908,975
2025
$908,975
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $908,975 $908,975 $908,975 $18,506
2024 $854,276 $908,975 $854,276 $17,392

About 16485 COLLINS AVE 2538, Sunny Isles Beach, FL 33160

16485 COLLINS AVE 2538, Sunny Isles Beach, FL 33160 is a residential - total value : condominium - residential built in 1991 with 1,760 square feet of living space. The property is currently owned by RACHED INVESTMENTS LLC, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2015-08-05 for $100, when BASSAM KAISSAR RACHED &W LINDA S sold to RACHED INVESTMENTS LLC. The property sold for $239,900 less than the prior sale of $240,000 on 1992-05-01. The 2025 assessed value is $908,975 with a market value of $908,975.

The assessed value increased 6% from $854,276 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $91,818, and the median home value is $744,100. The population density is 7,985 people per square mile. 16485 COLLINS AVE 2538, Sunny Isles Beach, FL 33160 is located in Sunny Isles Beach, Florida.

Property records, tax assessments, sales history, and ownership information for this Sunny Isles Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1992 to 2015, with 2 recorded transactions in the public record..

Current Owner

RACHED INVESTMENTS LLC
16485 COLLINS AVE 2538, MIAMI BEACH, FL, 33160
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$9,489 — $17,161
Flood $400 — $800
Property/Wind $9,089 — $16,361

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$91,818
Median Home Value$744,100
Pop. Density7,985/sq mi

Neighborhood 16485

100%
Owner-Occ
0%
Investor
5
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
Zoom in to see property sales