About Oceania III
Oceania III is a roughly 29-story condominium at 16485 Collins Ave. Completed in 1991. MLS records most often show about 29 stories.
Sunny Isles Beach is the barrier-island city just north of Haulover Park and south of Golden Beach, with the Atlantic Ocean to the east and the Intracoastal Waterway to the west. Because the building dates to 1991, review the association’s reserves, assessments and milestone-inspection status before you buy.
Building Fees & Assessments
MLS listings for Oceania III have shown a median association fee around $0.97/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Oceania III is 35+ years old, which puts it within Florida's Milestone Inspection requirement (SB 4-D, post-Surfside law covering condo/co-op buildings 3+ stories, coastal buildings inspected at 25 years and every 10 years after). Request the building's most recent milestone inspection report, structural integrity reserve study (SIRS), and reserve fund status before purchasing -- these determine whether a special assessment is likely.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Oceania III's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Oceania III pet-friendly?
Oceania III does not generally allow pets. Verify current pet policy directly with the building association before purchasing.
Can I rent out my unit at Oceania III?
Long-term rentals are generally permitted at Oceania III, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Where is Oceania III?
At 16485 Collins Ave in Sunny Isles Beach.
When was Oceania III built?
It was completed in 1991. We did not find a developer or architect confirmed by more than one source, so we do not state one.
How tall is Oceania III?
MLS records most often show 29 stories.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.