16485 COLLINS AVE 5, Sunny Isles Beach, FL 33160

16485 COLLINS AVE 5, Sunny Isles Beach, FL 33160 is a residential - total value : condominium - residential built in 1991 with 150 square feet of living space. The property is currently owned by PARAFENIX CORP C/O MARGARIDA COUTINHO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2011-02-24 for $15,000, when ROSA FALANGA DE LUCA sold to PARAFENIX CORP. The 2025 assessed value is $39,407 with a market value of $61,160. The assessed value increased 10% from $35,825 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 5, 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 1998 to 2011, with 2 recorded transactions in the public record. The current assessed value represents 263% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $100 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..