16047 COLLINS AVE 503, Sunny Isles Beach, FL 33160

Parcel: 3122140340690 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$1,689,860

Property Details

Beds
3
Baths
5.5
Living Sqft
3,480
Year Built
2007
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$2,382,400
2008-01-01

Tax Assessment History

$1,689,860
Assessed (2025)
$2,554,171
Market Value
$1,639,138
Taxable Value
$33,372
Annual Tax
2024
$1,642,236
$2,837,968
2025
$1,689,860
$2,554,171
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,689,860 $2,554,171 $1,639,138 $33,372
2024 $1,642,236 $2,837,968 $1,592,236 $32,417

About 16047 COLLINS AVE 503, Sunny Isles Beach, FL 33160

16047 COLLINS AVE 503, Sunny Isles Beach, FL 33160 is a 3-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2007 with 3,480 square feet of living space. The property is currently owned by FRANK KORETSKY &W SHARI KORETSKY, 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 2008-01-01 for $2,382,400. The 2025 assessed value is $1,689,860 with a market value of $2,554,171. The assessed value increased 3% from $1,642,236 in 2024.

The property has the following tax exemptions: homestead. 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. 16047 COLLINS AVE 503, 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 current assessed value represents 71% of the most recent sale price. Based on the most recent sale, this property traded at $685 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

FRANK KORETSKY &W SHARI KORETSKY
16047 COLLINS AVE 503, MIAMI, FL, 33160
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$10,539 — $17,698
Flood $400 — $800
Property/Wind $10,139 — $16,898

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 16047

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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