$3,500,000
SOLD NOV 3, 2022
3 Beds
3.5 Baths
1,924 Sq Ft
$3,299/mo HOA Fee

Recently Sold

$1,819 Per Sq Ft

7% Below List Price

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,500,000 --
Warranty Deed $3,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,716,750 Adjustable Rate Mortgage/ARM
Previous Owner $900,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,300,000 Commercial
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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11221762

MIAMI REALTORS® MLS

APN: 02-4203-371-0260