NOT LISTED FOR SALE

Estimated Value: $5,056,000 - $6,282,000

5 Beds
5.5 Baths
3,041 Sq Ft
2016 Built

Sale Details

Date Sold: May 28, 2024

Last sale price $5,550,000 $1,825 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $46,775 / mo

495 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Clubhouse
  • South Pointe Elementary School Rated 9+
  • Private Beach Pavilion
  • 4-minute walk to South Pointe Park

About This Home

As of May 2024

This exclusive residence presents a harmonious fusion of contemporary luxury & unbeatable comfort with Italian hardwood floors, a gourmet kitchen adorned with marble accents & Wolf appliances and breathtaking views spanning Ocean Drive & the iconic Nikki Beach. Situated at the southern tip of Miami Beach in the South of Fifth neighborhood. Crafted by the esteemed Enrique Norton, the property also offers an array of five-star amenities including concierge service, a serene infinity-edge pool deck envisioned by Swiss landscape architect Enzo Enea, fitness center & dedicated beach club. At One Ocean, sophistication meets convenience, an unparalleled lifestyle in one of Miami Beach’s most coveted locations.

Last Agent to Sell the Property

Mick Duchon

The Corcoran Group License #3225793 Listed on: 12/07/2022

The Corcoran Group

Co-Listed By

Eloy Carmenate

Ocean Drive Realty Inc License #3008688

Last Buyer's Agent

Marko Gojanovic

One Sotheby's International Realty License #3465143

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $81,077

Year Built

  • Built in 2016

HOA Fees

  • $7,405 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,041 Sq Ft Home
  • Built-In Features
  • Wood Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-371-0470

Community Details

Overview

  • Mid-Rise Community
  • One Ocean Condos
  • One Ocean Condo Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse

Recreation

  • Private Beach Pavilion

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$81,077

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

HOA Fees

$7,405 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Co List Office Mls Id: CSMG02
  • Co List Office Phone: 305-395-4982
  • 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: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Other, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 3041
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Other View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: One Ocean
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 7405
  • Amenities: Clubhouse-Clubroom, Elevator(s), Heated Pool, Other, Private Beach Pavilion
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-371-0470
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 81077

Multi Family

  • Maintenance Expense: 7405

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
May 21, 2024
Sold by
Bought by
Seller's Agent
Mick Duchon
The Corcoran Group
Buyer's Agent
Marko Gojanovic
One Sotheby's International Realty
List Price
$7,000,000
Sold Price
$5,550,000
Premium/Discount to List
-$1,450,000
-20.71%
Views
155
Current Estimated Value
$5,816,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,305
Avg. Annual Appreciation
2.18%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,550,000 Clear Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,343,535
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $5,550,000 -7.4% $1,825 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $5,995,000 -4.1% $1,971 / Sq Ft
11/02/2023 11/02/23 Price Changed $6,250,000 -3.1% $2,055 / Sq Ft
05/08/2023 05/08/23 Price Changed $6,450,000 -3.0% $2,121 / Sq Ft
03/30/2023 03/30/23 Price Changed $6,650,000 -1.5% $2,187 / Sq Ft
01/25/2023 01/25/23 Price Changed $6,750,000 -3.6% $2,220 / Sq Ft
12/07/2022 12/07/22 For Sale $7,000,000 -- $2,302 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $89,178 $4,465,990
2024 $84,455 $4,715,148
2023 $84,455 $4,286,499 $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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11308608

MIAMI REALTORS® MLS

APN: 02-4203-371-0470

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