NOT LISTED FOR SALE

One Ocean 1 Collins Ave Unit 503 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $3,612,000 - $6,082,000

3 Beds
4 Baths
2,659 Sq Ft
$1,732/Sq Ft Est. Value

About This Home

One Ocean is the newest luxury condo building in South Beach. This fully furnished, 2659 sq ft residence has 3 beds, 3.5 baths and features a grand terrace with stunning ocean views. Residents have a private beach club, state-of-the-art fitness center, infinity edge pool, zen park and much more. Close to South Pointe Park and great restaurants in South of Fifth. No smoking. Landlord requires tenant credit and criminal screening. Also available unfurnished. Tenant occupied until 06/17/2019.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Blum Jeffrey
Bought by
Shear Gary and Shear Dana
Current Estimated Value
$4,606,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,047,500
Outstanding Balance
$1,854,644
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,751,593
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shear Gary $3,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shear Gary $2,047,500
Previous Owner Blum Jeffrey D $2,170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Rented $12,000 -20.0% --
07/25/2019 07/25/19 Under Contract -- -- --
03/25/2019 03/25/19 For Rent $15,000 +7.1% --
06/18/2018 06/18/18 Rented $14,000 -9.7% --
05/11/2018 05/11/18 Under Contract -- -- --
01/31/2018 01/31/18 For Rent $15,500 +3.3% --
09/20/2017 09/20/17 Under Contract -- -- --
07/29/2017 07/29/17 Rented $15,000 0.0% --
07/19/2017 07/19/17 Price Changed $15,000 -6.3% $6 / Sq Ft
05/19/2017 05/19/17 For Rent $16,000 +6.7% --
01/19/2017 01/19/17 Rented $15,000 0.0% --
01/19/2017 01/19/17 Rented $15,000 -21.1% --
01/16/2017 01/16/17 Under Contract -- -- --
01/16/2017 01/16/17 Under Contract -- -- --
11/22/2016 11/22/16 Price Changed $19,000 +18.8% $7 / Sq Ft
11/22/2016 11/22/16 Price Changed $16,000 +14.3% $6 / Sq Ft
11/21/2016 11/21/16 Price Changed $14,000 -6.7% $5 / Sq Ft
11/21/2016 11/21/16 Price Changed $15,000 0.0% $5 / Sq Ft
11/21/2016 11/21/16 For Rent $15,000 -28.6% --
11/03/2016 11/03/16 Off Market $21,000 -- --
11/02/2016 11/02/16 Price Changed $19,000 -5.0% $7 / Sq Ft
10/14/2016 10/14/16 For Rent $20,000 -4.8% --
10/10/2016 10/10/16 Price Changed $21,000 -4.5% $8 / Sq Ft
09/07/2016 09/07/16 Price Changed $22,000 -12.0% $8 / Sq Ft
07/25/2016 07/25/16 For Rent $25,000 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $38,442 $2,137,736 -- --
2023 $38,442 $2,075,472 $0 $0
2022 $37,086 $2,515,022 $0 $0
2021 $39,480 $2,044,733 $0 $0
2020 $55,823 $3,006,960 $0 $0
2019 $58,270 $3,006,960 $0 $0
2018 $56,136 $3,312,400 $0 $0
2017 $48,522 $2,548,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Miller

    Seller's Agent in 2019

    Jeff Miller

    One Sotheby's International Re

    (305) 610-4509

    7 in this area

    50 Total Sales

    Jeff Miller
    Section Image
  • Lorna Acuna

    Seller Co-Listing Agent in 2019

    Lorna Acuna

    Brown Harris Stevens

    (954) 655-6762

    3 in this area

    11 Total Sales

    Lorna Acuna
    Section Image
  • Christian Dreyfuss

    Buyer's Agent in 2019

    Christian Dreyfuss

    One Sotheby's International Realty

    (305) 726-0100

    12 in this area

    44 Total Sales

    Christian Dreyfuss
    Section Image

  • A

    Buyer's Agent in 2018

    Arianna Pinou

    EXP Realty LLC

    (786) 774-8263

    11 Total Sales

    Arianna Pinou
    Section Image

  • L

    Seller's Agent in 2017

    Linette Guerra

    MMLS Assoc.-Inactive Member

  • D

    Buyer's Agent in 2017

    Deborah Lake

    Alba International Realty

    (305) 397-8929

    Deborah Lake
    Section Image
See All Agents

About One Ocean

Map

Florida Miami/Dade County Miami Beach 33139 South Pointe

1 Collins Ave Unit 503, Miami Beach, FL

This home is located at 1 Collins Ave Unit 503, Miami Beach, FL 33139 and is currently estimated at $4,606,237, approximately $1,732 per square foot. 1 Collins Ave Unit 503 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes