16051 COLLINS AVE 501, Sunny Isles Beach, FL 33160

Parcel: 3122140310020 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$2,013,811

Property Details

Beds
3
Baths
4.5
Living Sqft
2,775
Year Built
2006
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,350,000
2009-04-17
PAUL SKORICDMITRY TRUKHACHEV
2
$100non-market transfer
2015-03-30
DMITRY TRUKHACHEVIRINA TRUKHACHEVA
3
$1,695,000
2021-03-08
IRINA TRUKHACHEVANEAL C GARELIK TRS

Tax Assessment History

$2,013,811
Assessed (2025)
$2,046,181
Market Value
$2,013,811
Taxable Value
$41,000
Annual Tax
2024
$1,830,738
$2,118,200
2025
$2,013,811
$2,046,181
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,013,811 $2,046,181 $2,013,811 $41,000
2024 $1,830,738 $2,118,200 $1,830,738 $37,272

About 16051 COLLINS AVE 501, Sunny Isles Beach, FL 33160

16051 COLLINS AVE 501, Sunny Isles Beach, FL 33160 is a 3-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2006 with 2,775 square feet of living space. The property is currently owned by NEAL C GARELIK TRS C/O EXCEL, 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 2021-03-08 for $1,695,000, when IRINA TRUKHACHEVA sold to NEAL C GARELIK TRS. The property has appreciated $1,694,900 (1694900%) since the prior sale of $100 on 2015-03-30. There are 3 recorded sales for this property.

The 2025 assessed value is $2,013,811 with a market value of $2,046,181. The assessed value increased 10% from $1,830,738 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.

There are active mortgage liens totaling $1,033,684 recorded against this property. 16051 COLLINS AVE 501, 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 2009 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price. Based on the most recent sale, this property traded at $611 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

NEAL C GARELIK TRS C/O EXCEL
505 8TH AVE 17 FLOOR, NEW YORK, NY, 10018
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$12,482 — $20,938
Flood $400 — $800
Property/Wind $12,082 — $20,138

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 16051

100%
Owner-Occ
0%
Investor
5
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →

Mortgages

ACTIVE
$1,101,750
~$1,033,684 bal.
GUARANTEED RATE INC · 2021-03-15
Est. Total Balance $1,033,684
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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