NOT LISTED FOR SALE

Oceania III 16485 Collins Ave Unit 1038 Sunny Isles Beach, FL 33160

Estimated Value: $956,000 - $1,207,000

2 Beds
2 Baths
1,760 Sq Ft
$1,400/mo HOA Fee

Last Sold December 21, 2023

Last sale price $990,000 $562 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,500/month

102 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Clubhouse
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Fitness Center
  • 3-minute walk to Gateway Park

About This Home

As of December 2023

Come and enjoy the sound of the waves and the fresh ocean air. Nothing beats waking up to the sight of the this pristine beach and knowing that its just an elevator ride away. This 2/2 is perfect for both year-round living or your second home. Floors & kitchen were upgraded and recently painted. Complex offers private Oceania Beach Club & Spa with a restaurant & cafe, beach service, state of the art exercise equipment, all types of workout classes such as Zumba, yogalates, spinning classes, body sculpting, yoga, power cardio sculpt, chair fitness and more! Tennis courts are another amenity. Club is $980 QTRLY & Master POA is $400 QTRLY. Building offers theater room, 24/7 exercise room, valet, 24/7 front desk coverage, Buildinglink software for residents, on-site management and more.

Last Agent to Sell the Property

Diana Davila-Ross

MC Realty & Associates Inc License #3141607 Listed on: 09/09/2023

Last Buyer's Agent

Julia Feoktistova

Azimut Realty LLC License #3256314

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,519

Year Built

  • Built in 1991

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,760 Sq Ft Home
  • Vertical Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • Norman S. Edelcup K-8 Elementary And Middle School
  • Alonzo And Tracy Mourning Sr. High School

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-14-026-0720

Community Details

Overview

  • 165 Units
  • Club Membership Required
  • High-Rise Condominium
  • Oceania Condos
  • Oceania Iii Condo,Oceania Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Car Wash Area
  • 29-Story Property

Amenities

  • Valet Parking
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Community Library
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Secure Elevator
  • Complex Is Fenced
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,519

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,400 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEANIA III CONDO,OCEANIA
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Elevator, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1760
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 29
  • Window Features: Hurricane Shutters, Verticals
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEANIA
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Elevator Secure, Lobby Secured, Other, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1400
  • Amenities: Basketball Court, Bike Storage, Billiard Room, Clubhouse-Clubroom, Exercise Room, Storage, Library, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Norman S. Edelcup K-8
  • High School: Alonzo and Tracy Mourning Sr. High
  • Middle Or Junior School: Norman S. Edelcup K-8

Lot Info

  • Parcel Number: 31-22-14-026-0720
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 165
  • Number Of Units Total: 165

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Dec 21, 2023
Sold by
Gelman Alexander and Gelman Dan Samuel
Bought by
Pavlotskiy 2021 Family Trust and Pavlotskiy
Seller's Agent
Diana Davila-Ross
MC Realty & Associates Inc
Buyer's Agent
Julia Feoktistova
Azimut Realty LLC
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Total Days on Market
102
Views
103
Current Estimated Value
$1,093,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,477
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Jan 20, 2022
Sold by
Maria Gelman Trust
Bought by
Gelman Alexander and Gelman Dan Samuel

Purchase Details

Closed on
May 16, 2007
Sold by
Gelman Simon and Gelman Maria
Bought by
Gelman Maria and Gelman Simon

Purchase Details

Closed on
Aug 9, 2001
Sold by
Jesus M Perez-Mendez M and Josefa R Perez-Mendez M
Bought by
Gelman Simon and Gelman Maria
Source: Public Records

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Range of Values:

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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
Pavlotskiy 2021 Family Trust $990,000 Register Settlement Services
Gelman Alexander -- None Listed On Document
Gelman Maria -- None Available
Gelman Simon -- --
Gelman Simon $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gelman Simon $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $990,000 -10.0% $563 / Sq Ft
09/09/2023 09/09/23 For Sale $1,100,000 -- $625 / 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 $13,080 $790,422 -- --
2023 $13,080 $767,400 $0 $0
2022 $10,519 $613,892 $0 $0
2021 $9,939 $559,100 $0 $0
2020 $9,449 $527,000 $0 $0
2019 $9,418 $527,000 $0 $0
2018 $8,319 $474,376 $0 $0
2017 $9,851 $539,036 $0 $0
2016 $9,580 $490,033 $0 $0
2015 $9,125 $445,485 $0 $0
2014 $8,921 $404,987 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11446726

MIAMI REALTORS® MLS

APN: 31-2214-026-0720