15701 COLLINS AVE PH 5101, Sunny Isles Beach, FL 33160

Parcel: 3122140472080 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$19,845,000

Property Details

Beds
5
Baths
7.5
Living Sqft
7,161
Year Built
2021
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$21,000,000
2020-05-07
SUNNY ISLES PROPERTY VENTURE LLCDAVID KOSTER
2
$37,000,000+76%
2023-05-30
DAVID KOSTERKAVITHA RAMESH TRS
3
$37,000,000
2023-06-08

Tax Assessment History

$19,845,000
Assessed (2025)
$19,845,000
Market Value
$19,845,000
Taxable Value
$404,028
Annual Tax
2024
$19,845,000
2025
$19,845,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $19,845,000 $19,845,000 $19,845,000 $404,028
2024 $19,845,000 $19,845,000 $19,845,000 $404,028

About 15701 COLLINS AVE PH 5101, Sunny Isles Beach, FL 33160

15701 COLLINS AVE PH 5101, Sunny Isles Beach, FL 33160 is a 5-bedroom, 7.5-bathroom residential - total value : condominium - residential built in 2021 with 7,161 square feet of living space. The property is currently owned by KAVITHA RAMESH TRS SKY VILLA BEACH TRUST, 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 2023-06-08 for $37,000,000. There are 3 recorded sales for this property. The 2025 assessed value is $19,845,000 with a market value of $19,845,000.

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 $5,300,000 recorded against this property. 15701 COLLINS AVE PH 5101, 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 2020 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 54% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $5167 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

KAVITHA RAMESH TRS SKY VILLA BEACH TRUST
15701 COLLINS AVE PH 5101, SUNNY ISLES BEACH, FL, 33160
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$119,470 — $199,250
Flood $400 — $800
Property/Wind $119,070 — $198,450

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 15701

100%
Owner-Occ
0%
Investor
61
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →

Mortgages

ACTIVE
$5,300,000
VELOCITY COMMERCIAL CAPITAL LLC · 2025-08-25
Est. Total Balance $5,300,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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