$8,950,000
$40K PRICE DROP

Estimated payment $62,824/month

Total Views 2,312
3 Beds
3.5 Baths
2,318 Sq Ft
$3,861 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Bar or Lounge
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • 5-minute walk to Collins Park

About This Home

Discover elevated living in this beautifully furnished 3-bedroom, 3.5-bathroom penthouse at the iconic 1 Hotel Homes in South Beach. Spanning 2,675 SF, this light-filled residence offers spacious interiors, high-end finishes, and top-of-the-line appliances throughout. Ideal for families or groups seeking a luxury rental experience. Enjoy full access to 1 Hotel’s world-class amenities, including four pools, rooftop bar and lounge, state-of-the-art fitness center, spa, and more. Available for seasonal or short-term lease.

Listing Agent

Gabriela Espejo

Golden Ocean Real Estate Corp License #3317966 Listed on: 06/11/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $116,530

Year Built

  • Built in 2015

HOA Fees

  • $5,428 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Penthouse
  • Entry on the 17th floor

Interior Spaces

  • 2,318 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Wood Flooring
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Home Security

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-045-2390

Community Details

Overview

  • 1 Hotel Condos
  • 2399 Collins Avenue,1 Hotel Subdivision
  • 17-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Business Center
  • Bar or Lounge
  • Bike Room

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Secure Elevator
  • Secure Stairs
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$116,530

Year Built

Built in 2015

Lot Details

0

HOA Fees

$5,428 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 17
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 2399 COLLINS AVENUE,1 Hotel
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Living Area: 2318
  • Stories: 17
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1 Hotel
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Guard At Site, Stairs Secured

Condo/Co-op/Association

  • Association Fee: 5428
  • Amenities: Bar, Bike Storage, Business Center, Cabana, Exercise Room, Heated Pool, Other, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-27-045-2390

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 116530

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $116,530 $5,705,165 -- --
2024 $155,210 $6,201,266 -- --
2023 $155,210 $8,213,598 $0 $0
2022 $102,181 $5,089,400 $0 $0
2021 $89,333 $4,626,728 $0 $0
2020 $89,572 $4,626,728 $0 $0
2019 $88,201 $4,626,563 $0 $0
2018 $82,856 $4,406,250 $0 $0
2017 $111,878 $5,875,000 $0 $0
2016 $114,118 $5,875,000 $0 $0
2015 $5,609 $283,099 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2025 09/18/25 Price Changed $8,950,000 0.0% $3,861 / Sq Ft
09/16/2025 09/16/25 For Rent $67,500 0.0% --
08/06/2025 08/06/25 Price Changed $8,980,000 -0.1% $3,874 / Sq Ft
06/11/2025 06/11/25 For Sale $8,990,000 0.0% $3,878 / Sq Ft
02/01/2025 02/01/25 Rented $28,000 -20.0% --
01/31/2025 01/31/25 Under Contract -- -- --
01/06/2025 01/06/25 Price Changed $35,000 -30.0% $14 / Sq Ft
12/16/2024 12/16/24 Price Changed $50,000 -23.1% $20 / Sq Ft
10/24/2024 10/24/24 For Rent $65,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $5,450,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11820206

MIAMI REALTORS® MLS

APN: 02-3227-045-2390