NOT LISTED FOR SALE

One Ocean 1 Collins Ave Unit 505 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $3,548,100 - $4,127,000

3 Beds
3.5 Baths
1,924 Sq Ft
$3,299/mo HOA Fee

Last Sold November 03, 2022

Last sale price $3,500,000 $1,819 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $29,446/month

89 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Newly Remodeled
  • South Pointe Elementary School Rated A-
  • Fitness Center
  • 4-minute walk to South Pointe Park

About This Home

As of November 2022

One Ocean is South of Fifth living at its finest in a true luxury boutique building. With only 46 units, architect Enrique Norten has designed one of the most beautiful modern residential structures: clean lines, sweeping curves. Exceptional high-level service, from valet parking to the front desk concierge to the maintenance team. The residence features a spacious, light-filled, open floorplan, top-of-line kitchen with Italian light wood cabinetry, 3-bedrooms with 3 and 1/2 bathrooms. The 37' oversized balcony has views out to the ocean. State of the art fitness center, peaceful and thoughtfully designed pool deck, beach club. This amazing location in the tony South of Fifth neighborhood puts you just steps to world class restaurants. Exceptionally well-managed building.

Last Agent to Sell the Property

Alan Kamlot

Gary Hennes Realtors License #3011293 Listed on: 06/21/2022

Last Buyer's Agent

Manuel Govea Castillo

Capital Intl Realty LLC License #3416442

Capital Intl Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,990

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $3,299 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Ocean

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,924 Sq Ft Home
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Energy-Efficient Windows
  • Southeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-371-0260

Community Details

Overview

  • 46 Units
  • Mid-Rise Condominium
  • One Ocean Condos
  • One Ocean Condo Subdivision
  • The community has rules related to no trucks or trailers
  • 7-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Laundry Facilities
  • Lobby
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Complete Impact Glass
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,990

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$3,299 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ONE OCEAN CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Split Bedroom
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1924
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Window Features: Complete Impact Glass, Blinds, Drapes
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Pool Area View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: One Ocean
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3299
  • Amenities: Exercise Room, Heated Pool, Exterior Lighting, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-371-0260
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Windows

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3299
  • Number Of Units In Community: 46
  • Number Of Units Total: 46

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 40990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Oct 14, 2022
Sold by
Heininger Karl Daniel
Bought by
Mawad Tania Mouawad
Seller's Agent
Alan Kamlot
Gary Hennes Realtors
Buyer's Agent
Manuel Govea Castillo
Capital Intl Realty LLC
List Price
$3,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$250,000
-6.67%
Current Estimated Value
$3,890,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,775
Avg. Annual Appreciation
5.71%

Purchase Details

Listed on
Jan 11, 2018
Closed on
Jan 16, 2018
Sold by
Cosmo The One Llc
Bought by
Heininger Karl Daniel
Seller's Agent
Dario Stoka
Douglas Elliman
Buyer's Agent
Alan Kamlot
Gary Hennes Realtors
List Price
$3,395,000
Sold Price
$3,100,000
Premium/Discount to List
-$295,000
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$900,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Mawad Tania Mouawad $3,500,000 --
Heininger Karl Daniel $3,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heininger Karl Daniel $500,000
Previous Owner Heininger Karl Daniel $1,716,750
Previous Owner Heininger Karl Daniel $900,000
Previous Owner Cosmo The One Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $3,500,000 -6.7% $1,819 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $3,750,000 +10.5% $1,949 / Sq Ft
01/17/2018 01/17/18 Price Changed $3,395,000 +9.5% $1,600 / Sq Ft
01/16/2018 01/16/18 Sold $3,100,000 0.0% $1,461 / Sq Ft
01/16/2018 01/16/18 Sold $3,100,000 -8.7% $1,461 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $3,395,000 +9.5% $1,600 / Sq Ft
10/31/2017 10/31/17 Off Market $3,100,000 -- --
05/03/2016 05/03/16 For Sale $3,395,000 -- $1,600 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $55,163 $2,919,176 -- --
2023 $55,163 $2,919,176 $0 $0
2022 $41,102 $2,228,770 $0 $0
2021 $40,990 $2,163,855 $0 $0
2020 $40,523 $2,133,980 $0 $0
2019 $46,767 $2,454,120 $0 $0
2018 $43,053 $2,480,625 $0 $0
2017 $37,791 $1,984,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Kamlot

    Seller's Agent in 2022

    Alan Kamlot

    Gary Hennes Realtors

    (305) 532-1558

    2 in this area

    44 Total Sales

    Alan Kamlot
    Section Image

  • M

    Buyer's Agent in 2022

    Manuel Govea Castillo

    Capital Intl Realty LLC

    (786) 780-7508

    1 in this area

    6 Total Sales

    Manuel Govea Castillo
    Section Image
  • Dario Stoka

    Seller's Agent in 2018

    Dario Stoka

    Douglas Elliman

    (305) 695-6300

    12 in this area

    39 Total Sales

    Dario Stoka
    Section Image
  • Giorgio Vecchi

    Seller Co-Listing Agent in 2018

    Giorgio Vecchi

    Douglas Elliman

    (305) 695-6300

    13 in this area

    45 Total Sales

    Giorgio Vecchi
    Section Image
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About One Ocean

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11221762

MIAMI REALTORS® MLS

APN: 02-4203-371-0260

Florida Miami/Dade County Miami Beach 33139 South Pointe

1 Collins Ave Unit 505, Miami Beach, FL

This home is located at 1 Collins Ave Unit 505, Miami Beach, FL 33139 since 21 June 2022 and is currently estimated at $3,890,775, approximately $2,022 per square foot. This property was built in 2016. 1 Collins Ave Unit 505 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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