NOT LISTED FOR SALE

One Ocean 1 Collins Ave Unit 507 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $6,046,000 - $8,075,000

5 Beds
5.5 Baths
3,041 Sq Ft
2016 Built

Highlights

  • Ocean Front
  • Full Time Lobby Attendant
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Bar or Lounge
  • 4-minute walk to South Pointe Park

About This Home

As of August 2019

One Ocean is South of 5th's premiere luxury low-rise condo consisting of only 46 residences. Enjoy striking views of the Atlantic Ocean from this fully furnished designer apartment consisting of 5 bed, 5.5 bath, 3,206 SF. Unit features Italian kitchen cabinetry by Italcraft, Wolf appliances & wine cooler, wrap-around terrace, private elevator foyer, & tandem parking spot. Building features infinity edge pool, beach club, fitness center, Zen garden, valet, & concierge. World class dining, shopping, & entertainment are minutes away.

Last Agent to Rent the Property

Jon Corso

Coldwell Banker Realty License #0700012 Listed on: 02/21/2019

Coldwell Banker Realty

Last Renter's Agent

Julian Cohen

Douglas Elliman License #3250730

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $89,967

Year Built

  • Built in 2016

Lot Details

  • Ocean Front
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Secure Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,041 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Direct Ocean Views
  • Door Monitored By TV

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/1/19
  • Short Term Lease Lease Term
  • Assessor Parcel Number 02-42-03-371-0420

Community Details

Overview

  • No Home Owners Association
  • Other Membership Included
  • One Ocean Condo
  • One Ocean Condo Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 5-Story Property

Amenities

  • Full Time Lobby Attendant
  • Community Center
  • Bar or Lounge
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$89,967

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2019-04-01
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 5
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: ONE OCEAN CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator, Fire Sprinklers, Entrance Foyer, Laundry Tub
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 3041
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Stories: 5
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, Drapes, High Impact Windows, Impact Glass
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Laundry

Exterior Features

  • Roof: Concrete
  • View: Ocean, Direct Ocean, Water
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction, Stucco
  • Direction Faces: East
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Open Porch, Patio, Wrap Around
  • Pool Features: Heated, Hot Tub, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ONE OCEAN CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Laundry Room
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Key Card Entry, Building Security, Complex Fenced, Gated with Guard, Lobby Attended, Key/Card Entry Parking, Security Patrol, TV Monitor

Condo/Co-op/Association

  • Amenities: Activity Room, Bar, Community Pool, Elevator(s), Exercise Room, Guard At Gate, Maintained Community, Management On Site, Other, Other Membership Included, Security Patrol, Spa/Hot Tub
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 02-42-03-371-0420
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6502
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Yulvage Inc
Bought by
Blase Gary
Current Estimated Value
$6,780,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,040,000
Outstanding Balance
$4,432,331
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$2,178,949
Source: Public Records

Range of Values:

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Average Value
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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
Blase Gary $6,300,000 Clear Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blase Gary $5,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Rented $19,000 -15.6% --
08/16/2019 08/16/19 Under Contract -- -- --
02/11/2019 02/11/19 For Rent $22,500 -- --
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 $89,967 $4,802,140 -- --
2023 $89,967 $4,802,140 $0 $0
2022 $73,478 $3,896,818 $0 $0
2021 $75,516 $3,896,818 $0 $0
2020 $73,074 $3,936,180 $0 $0
2019 $76,277 $3,936,180 $0 $0
2018 $72,562 $3,858,800 $0 $0
2017 $73,483 $3,858,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Corso

    Landlord's Agent in 2019

    Jon Corso

    Coldwell Banker Realty

    (305) 788-4117

    28 in this area

    47 Total Sales

    Jon Corso
    Section Image

  • J

    Tenant's Agent in 2019

    Julian Cohen

    Douglas Elliman

    (305) 775-3953

    5 in this area

    46 Total Sales

    Julian Cohen
    Section Image
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About One Ocean

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10622338

MIAMI REALTORS® MLS

APN: 02-4203-371-0420

Florida Miami/Dade County Miami Beach 33139 South Pointe

1 Collins Ave Unit 507, Miami Beach, FL

This home is located at 1 Collins Ave Unit 507, Miami Beach, FL 33139 since 21 February 2019 and is currently priced at $6,780,480. This property was built in 2016. 1 Collins Ave Unit 507 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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