# Oceania III

As of 2026-10-31, Oceania III in Sunny Isles Beach has 6 units for sale at a median asking price of $1.14M ($717/sqft); 6 units sold in the last 12 months.

Oceania III is a 29-floor, 177-residence waterfront condominium at 16485 Collins Ave in Sunny Isles Beach, built in 1991.

## Key facts

| | |
|---|---|
| Address | 16485 Collins Ave |
| Neighborhood | Sunny Isles Beach |
| Year built | 1991 |
| Floors | 29 |
| Units | 177 |
| Waterfront | yes |
| Developer | Oceania Brokerage |
| For sale | 6 |
| Pending | 0 |
| Median asking price | $1,138,950 |
| Median asking $/sqft | $717/sqft |
| Sold, last 12 months | 6 |
| Median sold $/sqft, 12 months | $520/sqft |
| Months of inventory | 12.0 |
| Median HOA | $1,575/mo |
| Parking | The building offers valet parking and assigned covered parking spaces. |

## Own Miami measures

- **own.miami Building Score: 60 (B)**
  - Value: 28 — $753/sqft — vs. Sunny Isles Beach condos, then all of Miami
  - Momentum: 54 — +1.3% $/sqft over 6 months
  - Liquidity: 48 — 14.0 months of supply · 56 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 31 — Built 1991 — vs. Sunny Isles Beach buildings
- **Own Miami Condo Index: 94** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 396 of 698 tracked Miami condos)
- **Financeability Index: 57** (good; 12-month window, 3 recorded mortgages, 17% of sales bank-financed, lowest down payment 20%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2026)

## Building health (verified public records)

- Public records checked 2026-10-30: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — Regulated lenders recorded 3 purchase or refinance loans on this building in the last 12 months, financing 17% of its recorded sales, and accepted a down payment as low as 20%. 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 57/100. (2026-10-31)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-09-17)

## Frequently asked questions

**How much do condos at Oceania III cost?**

There are 6 condos for sale at Oceania III, from $949,900, with a median asking price of $1,138,950 ($717/sqft).

**How much are the HOA fees at Oceania III?**

HOA / maintenance fees at Oceania III run around $1,575 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 Oceania III a waterfront building?**

Yes — Oceania III is a waterfront building (Sunny Isles Beach).

**When was Oceania III built?**

Oceania III was built in 1991, 29 stories, 177 residences.

**Who developed Oceania III?**

Oceania III was developed by Oceania Brokerage.

## Related pages

- [Sunny Isles Beach — neighborhood guide](https://own.miami/sunny-isles-beach)
- [All units for sale at Oceania III](https://own.miami/buildings/oceania-iii/for-sale)
- [Ocean One](https://own.miami/buildings/ocean-one)
- [Ocean Two](https://own.miami/buildings/ocean-two)
- [Les Pelicans](https://own.miami/buildings/les-pelicans)
- [Florida Ocean Club](https://own.miami/buildings/florida-ocean-club)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/oceania-iii
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai