16500 Collins Avenue

16500 Collins Avenue is a condo located in Fairyland Island, North Miami Beach. The building was first built in 2003 and is 21 years old. In total, 16500 Collins Avenue has a total floor area of 3,289 square feet. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Both dogs and cats are allowed in the building! There are 32 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 165 days and tend to sell below the original asking price of $939,950 by 3.19%. Meaning, listings tend to sell at a median of $500 price per square foot. The transaction that took the longest to complete was unit 1456, listed on Oct 05, 2020 for $949,900. This particular unit ultimately sold 248 days later for $920,000. The most recent transaction was for unit TH10, sold for $2,230,000 on Jul 26, 2022. Fun fact, the oldest transaction we have on record took place on Feb 14, 2003. See the full transaction history for 16500 Collins Avenue below.

Fairyland Island, where 16500 Collins Avenue is located, has a median asking price of $1,450,000 for condo buildings. Meanwhile, the building itself has a median asking price of $939,950. For interested buyers, that means the building's median asking price is around 0.35% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 9 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $2,050,000. It is a 3,479 sqft 4 bedroom and 5 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,150,000. It is a 1,566 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 6 two-bedroom, 2 three-bedroom, and 1 four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,325,000. Collectively, the median square footage of these active units for sale is 1,786 sqft. Active units for sale at 16500 Collins Avenue are mostly 2-bedroom apartments Active units for sale at 16500 Collins Avenue have a median count of 2 bedrooms and have a median count of 2 bathrooms.