16051 COLLINS AVE 1001, Sunny Isles Beach, FL 33160

Parcel: 3122140310070 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$2,116,523

Property Details

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

Sales History

1
$1,478,400
2006-06-01
2
$2,750,000+86%
2013-04-02
HUMBERTO DE CECCHI &WGREATUNION INVEST PROPERTIES LTD
3
$2,500,000-9%
2021-08-23
GREATUNION INVEST PROPERTIES LTDFABRIZIO GALLO

Tax Assessment History

$2,116,523
Assessed (2025)
$2,337,510
Market Value
$2,116,523
Taxable Value
$43,091
Annual Tax
2024
$1,924,112
$2,226,200
2025
$2,116,523
$2,337,510
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,116,523 $2,337,510 $2,116,523 $43,091
2024 $1,924,112 $2,226,200 $1,924,112 $39,173

About 16051 COLLINS AVE 1001, Sunny Isles Beach, FL 33160

16051 COLLINS AVE 1001, 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 FABRIZIO GALLO, 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 2021-08-23 for $2,500,000, when GREATUNION INVEST PROPERTIES LTD sold to FABRIZIO GALLO. The property sold for $250,000 less than the prior sale of $2,750,000 on 2013-04-02. There are 3 recorded sales for this property.

The 2025 assessed value is $2,116,523 with a market value of $2,337,510. The assessed value increased 10% from $1,924,112 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 $806,457 recorded against this property. 16051 COLLINS AVE 1001, 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 2006 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price. Based on the most recent sale, this property traded at $901 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

FABRIZIO GALLO
11F CRAWFORD HOUSE, HONG KONG
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$13,099 — $21,965
Flood $400 — $800
Property/Wind $12,699 — $21,165

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
$1,000,000
~$806,457 bal.
BANK OF AMERICA NA · 2022-01-24
Est. Total Balance $806,457
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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