Building facts
- Address
- 16047 -16051 Collins Avenue
- Neighborhood
- Sunny Isles Beach
- Year built
- 2006
- Floors
- 37
- Residences
- 259
- Status
- Completed
- Developer
- Turnberry Associates, CABI Developers
- Pricing
- Starting at $2.495 Million
Key Takeaways
- Two towers of almost exactly the same homes — and one has not sold anything this year — the South tower has recorded nine qualified sales in 2026. The North tower has recorded none at all.
- Neither tower gets a four-year change, and the reason is different in each — North has no 2026 sales; South has only four in 2023. Both fail the five-sales-at-both-ends test, so both carry a dash in my Miami Condo Index rather than an invented percentage.
- The median home in each tower is 3,480 sq ft — identical to the square foot — North runs 2,235 to 5,715 sq ft and South 2,245 to 5,725. These are among the largest condominium homes on the Sunny Isles Beach coast.
- South trades nearly twice as often as North — 22 qualified sales against 12 over four years — one home in 23 per year against one in 43.
- Combined, this is one of the least liquid addresses I have measured — 34 qualified sales across four years on 257 homes — about one home in 30 per year.
- The two towers price within 3% of each other — over four years North cleared a median $1,093 per sq ft and South $1,125, and the county assesses North 3.7% higher. On the numbers they are the same building twice.
16047 & 16051 Collins Avenue, Sunny Isles Beach, Florida 33160 | Neighborhood: Sunny Isles Beach
What is actually at this address
Turnberry Ocean Colony is two separate condominiums, and the county records them at two addresses. Turnberry Ocean Colony North is 16051 Collins Avenue, with 129 homes. Turnberry Ocean Colony South is 16047, with 128. That is 257 homes in total. Each address also returns a common-area folio, excluded from everything below.
The two towers are as close to identical as any pair I have measured. North runs 2,235 to 5,715 sq ft; South runs 2,245 to 5,725. The median home in each is 3,480 sq ft — the same figure, to the square foot.
The bedroom mix matches too: North holds 29 two-bedrooms, 62 three-bedrooms, 37 four-bedrooms and a single six-bedroom home; South holds 28, 61 and 39. Between them, 199 homes of three bedrooms or more.
For 2026 the county assesses North between $977,293 and $5,920,100, median $2,570,543, and South between $1,116,146 and $7,019,200, median $2,479,387 — North 3.7% higher at the median, which is about as close as two buildings get.
These are big homes. A median of 3,480 sq ft is roughly three times the typical building in my index, and it is the reason everything about how this address trades looks unusual.
The price record, tower by tower
Turnberry Ocean Colony North — 129 homes
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 5 | $2,900,000 | $1,020 |
| 2024 | 5 | $3,900,000 | $1,189 |
| 2025 | 2 | $3,625,000 | $1,135 |
| 2026 to date | 0 | — | — |
Turnberry Ocean Colony South — 128 homes
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 4 | $2,950,000 | $1,061 |
| 2024 | 7 | $3,400,000 | $1,164 |
| 2025 | 2 | $3,400,000 | $1,128 |
| 2026 to date | 9 | $3,740,000 | $1,075 |
Neither tower gets a four-year change from me, and the reasons differ. North has recorded no qualified sales at all in 2026 — there is nothing to compare 2023 against. South has only four sales in 2023, below the five I require at both ends of any change I publish. So both carry a dash in the index. I would rather print nothing than print a number this thin.
What the record does support is the level, and there the two towers agree closely. Over four years North cleared a median $1,093 per square foot in a band of $884 to $1,279; South cleared $1,125 in a band of $974 to $1,227. South is 2.9% higher. Neither band contains a single anomalous sale.
Records: North’s high is $6,500,000, paid in August 2020 for a 5,700 sq ft home at $1,140 per sq ft. South’s is $5,280,000, from February 2008 for 5,690 sq ft at $928 — an eighteen-year-old record that still stands.
Nine sales and none: the split that needs explaining
This is the fact worth carrying away. In 2026 so far, the South tower has recorded nine qualified sales and the North tower has recorded zero.
Two towers, built together, on the same beach, holding homes of the same median size to the square foot, assessed within 3.7% of each other, and priced within 2.9% of each other over four years. One of them has transacted nine times this year. The other has not transacted at all.
The county record shows transactions, not reasons, and I am not going to invent one. What I can do is tell you what it means for a decision.
If you are buying in the South tower, you have nine current comparables — an unusually good position at this price level, and better evidence than most buyers of a $3,000,000-plus condominium ever get.
If you are buying in the North tower, there is no 2026 evidence at all. The most recent qualified sales are from 2025, and there were only two of them. Any valuation you are offered for a North home is being built from the South tower and from last year, and you are entitled to ask whoever produced it to say so out loud.
If you own in the North tower, this is the number to understand before you list. Across four years North has recorded twelve qualified sales against 129 homes — one home in 43 per year, against one in 23 next door. Combined the address runs at one home in 30, which makes it one of the least liquid I have measured. That is not a reflection on the building; very large, very expensive homes always trade slowly. But it does mean a realistic marketing period here is measured in seasons, not weeks.
Who this suits, and who it does not
It suits a buyer who wants genuine scale on the ocean and intends to keep it. A median home of 3,480 sq ft, 199 homes of three bedrooms or more across the two towers, and a six-bedroom home in the North tower — that is a supply of large oceanfront homes very few addresses in Sunny Isles Beach can match, and the two towers give you real choice within one community.
It suits badly anyone who may need to sell quickly. One home in 30 per year across the address, and one in 43 in the North tower, is thin by any standard.
It also suits badly a buyer who wants to lean on the published record. With two, four and five-sale years scattered through both tables, and a year with none at all, this address does not offer the kind of dense recent evidence that a Brickell tower does. You are buying a specific home on its merits.
If you are selling here, know which tower you are in and price accordingly — not because the two are worth different amounts, but because the evidence available to your buyer is completely different. In the South tower, nine 2026 sales set a clear frame and you should price into it. In the North tower there is no 2026 frame at all, which cuts both ways: a buyer cannot prove you are expensive, and you cannot prove you are not. In that position the strongest thing you can bring is the South tower’s record, and the fact that over four years these two towers have priced within 3% of each other.
Verified 18 August 2026 against the Miami-Dade County Property Appraiser record for 16051 and 16047 Collins Ave — both addresses pulled separately, all 261 folios retrieved individually, grouped by subdivision and filtered to residential homes, excluding a common-area folio at each address along with parking, cabana and storage. Sale figures are qualified, arm’s-length transactions only, with bulk/portfolio transfers collapsed to a single transaction. 2026 is an incomplete year: the North tower has recorded no qualified sales in it, and the South tower’s 2023 rests on four, so no four-year change is published for either tower. Building age, storey count, architect and amenity detail are omitted: no primary source has been confirmed for them. Re-check when the next tax roll publishes.
Turnberry Ocean Colony — Frequently Asked Questions
Is Turnberry Ocean Colony one building or two?
Two. The county records Turnberry Ocean Colony North at 16051 Collins Avenue with 129 homes, and Turnberry Ocean Colony South at 16047 with 128 — 257 homes in total. They are separate condominiums.
How much does a home at Turnberry Ocean Colony sell for?
Over the four years to August 2026 the North tower cleared a median $1,093 per square foot and the South tower $1,125 — within 2.9% of each other. With a median home of 3,480 sq ft in both towers, that puts a typical sale in the $3,500,000 to $4,000,000 range.
Have prices at Turnberry Ocean Colony gone up or down?
I do not publish a four-year change for either tower. The North tower has recorded no qualified sales at all in 2026, and the South tower’s 2023 rests on only four. Both fail the five-sales-at-both-ends test I apply across the index, so both show a dash rather than a percentage.
Why has the North tower had no sales in 2026?
The county record shows transactions, not reasons, so I will not speculate. What it does show is that the South tower recorded nine qualified sales over the same period, and that the North tower averages one home in 43 per year against one in 23 next door. If you are valuing a North home, there is no 2026 evidence to work from.
How large are the homes?
Very. Both towers have a median home of 3,480 sq ft — the same figure to the square foot — with North running 2,235 to 5,715 sq ft and South 2,245 to 5,725. Across the two towers there are 199 homes of three bedrooms or more, plus a single six-bedroom home in the North tower.
How often do homes here change hands?
Rarely. The county records 34 qualified sales across the four years to August 2026 against 257 homes — about one home in 30 per year, and one in 43 in the North tower specifically. Plan a marketing period in seasons rather than weeks.
What is the highest price ever paid at Turnberry Ocean Colony?
$6,500,000, in August 2020, for a 5,700 sq ft home in the North tower at $1,140 per square foot. The South tower’s record is $5,280,000 from February 2008, for 5,690 sq ft — a figure that has stood for eighteen years.
Sources and further reading
Interested in selling at Turnberry Ocean Colony?
Learn more about selling your condo at Turnberry Ocean Colony in Sunny Isles Beach with Josh Stein.
Related coverage
Part of Miami Luxury Condos.