16500 COLLINS AVE 2251, Sunny Isles Beach, FL 33160
Parcel: 3122140300230 · Residential · Condominium - Residential · Zoning: 4000
Assessed Value (2025)
$1,131,311
Property Details
Beds
2
Baths
3
Living Sqft
2,144
Year Built
2002
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$100non-market transfer
2017-09-19
HELENA DURAN HEWITT TRS → HELENA DURAN HEWITT TRS
2
$1,510,000
2022-06-30
HELENA DURAN HEWITT TRS → MATTHEW J APPLEBAUM
3
$1,510,000
2022-07-07
4
$1,500,000-1%
2023-07-17
MATTHEW J APPLEBAUM → CAI 7 CORP INC
5
$1,500,000
2023-08-01
Tax Assessment History
$1,131,311
Assessed (2025)
$1,131,311
Market Value
$1,131,311
Taxable Value
$23,033
Annual Tax
2024
$1,257,012
2025
$1,131,311
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,131,311 | $1,131,311 | $1,131,311 | $23,033 | $0 | $0 |
| 2024 | $1,257,012 | $1,257,012 | $1,257,012 | $25,592 | $0 | $0 |
About 16500 COLLINS AVE 2251, Sunny Isles Beach, FL 33160
16500 COLLINS AVE 2251, Sunny Isles Beach, FL 33160 is a 2-bedroom, 3-bathroom residential - total value : condominium - residential built in 2002 with 2,144 square feet of living space. The property is currently owned by CAI 7 CORP INC, 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 2023-08-01 for $1,500,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,131,311 with a market value of $1,131,311.
The assessed value decreased 10% from $1,257,012 in 2024. The median household income in this area is $53,281, and the median home value is $898,800. The population density is 23,349 people per square mile.
There are active mortgage liens totaling $1,229,967 recorded against this property. 16500 COLLINS AVE 2251, 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 2017 to 2023, with 5 recorded transactions in the public record. The current assessed value represents 75% of the most recent sale price. Based on the most recent sale, this property traded at $700 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..
Current Owner
CAI 7 CORP INC
11900 BISCAYNE BLVD 289, NORTH MIAMI, FL, 33181
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$7,187 — $12,113
Flood $400 — $800
Property/Wind $6,787 — $11,313
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$53,281
Median Home Value$898,800
Pop. Density23,349/sq mi
Neighborhood 16500
100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
Mortgages
ACTIVE 4.25% rate
$1,323,000
BAYCOAST MORTGAGE COMPANY LLC · 2022-07-07
Est. Total Balance $1,229,967
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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