# La Perla

As of 2026-10-31, La Perla in Sunny Isles Beach has 23 units for sale at a median asking price of $950K ($710/sqft); 8 units sold in the last 12 months.

La Perla is a 44-floor waterfront condominium at 16699 Collins Ave in Sunny Isles Beach, built in 2006 with 326 residences and developed by The Cornerstone Group.

## Key facts

| | |
|---|---|
| Address | 16699 Collins Ave |
| Neighborhood | Sunny Isles Beach |
| Year built | 2006 |
| Floors | 44 |
| Units | 326 |
| Waterfront | yes |
| Developer | The Cornerstone Group |
| For sale | 23 |
| Pending | 1 |
| Median asking price | $950,000 |
| Median asking $/sqft | $710/sqft |
| Sold, last 12 months | 8 |
| Median sold $/sqft, 12 months | $673/sqft |
| Months of inventory | 34.5 |
| Median HOA | $1,754/mo |
| Parking | The building offers valet parking and some units include assigned self-parking. |

## Own Miami measures

- **own.miami Building Score: 61 (B)**
  - Value: 51 — $710/sqft — vs. Sunny Isles Beach condos, then all of Miami
  - Momentum: 68 — +6.2% $/sqft over 6 months
  - Liquidity: 10 — 34.5 months of supply · 193 days on market
  - Health: 96 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 59 — Built 2006 — vs. Sunny Isles Beach buildings
- **Own Miami Condo Index: 100** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 343 of 698 tracked Miami condos)
- **Financeability Index: 54** (good; 12-month window, 4 recorded mortgages, 22% of sales bank-financed, lowest down payment 22.4%, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2031)

## Building health (verified public records)

- Public records checked 2026-10-28
- positive: Bank financing — Regulated lenders recorded 3 purchase or refinance loans on this building in the last 12 months, financing 22% of its recorded sales, and accepted a down payment as low as 22.4%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 54/100. (2026-10-31)
- Legal & regulatory: 1 material cases active, 0 disputes active, 2 DBPR complaints (36 months) (2026-09-22)

## Frequently asked questions

**How much do condos at La Perla cost?**

There are 23 condos for sale at La Perla, from $710,000, with a median asking price of $950,000 ($710/sqft).

**How much are the HOA fees at La Perla?**

HOA / maintenance fees at La Perla run around $1,754 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is La Perla a waterfront building?**

Yes — La Perla is a waterfront building (Sunny Isles Beach).

**When was La Perla built?**

La Perla was built in 2006, 44 stories, 326 residences.

**Who developed La Perla?**

La Perla was developed by The Cornerstone Group.

## Related pages

- [Sunny Isles Beach — neighborhood guide](https://own.miami/sunny-isles-beach)
- [All units for sale at La Perla](https://own.miami/buildings/la-perla/for-sale)
- [Marina Palms North](https://own.miami/buildings/marina-palms-north)
- [400 Sunny Isles West](https://own.miami/buildings/400-sunny-isles-west)
- [Trump Tower I](https://own.miami/buildings/trump-tower-i)
- [Sole on the Ocean](https://own.miami/buildings/sole-on-the-ocean)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/la-perla
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