NOT LISTED FOR SALE

Ocean III 18911 Collins Ave Unit 2501 Sunny Isles Beach, FL 33160

Estimated Value: $3,301,000 - $3,943,000

4 Beds
5.5 Baths
3,945 Sq Ft
$2,241/mo HOA Fee

Last Sold August 28, 2020

Last sale price $2,147,000 $544 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $25,244/month

429 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Private Guards
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Fitness Center
  • Two Primary Bathrooms

About This Home

As of August 2020

*** LOOK NO MORE *** MOST MAGNIFICENT VIEWS AND UNIT! LUXURIOUS OCEANFRONT UNIT WITH TRUE 4 BEDROOMS 5 1/2 BATHROOMS. HIS AND HER BATHROOMS AND CLOSETS. TRULY BREATHTAKING VIEWS OF DIRECT OCEAN FROM EVERY ROOM. NO OBSTRUCTIONS! FABULOUS BRAND NEW $200K KITCHEN. GORGEOUS MARBLE FLOORS THRU OUT ENTIRE UNIT. PRIVATE ELEVATOR TAKES YOU DIRECTLY TO THIS ONE OF A KING - HIGH IN THE SKY BEAUTY. FULL SERVICE BUILDING INCLUDES RESTAURANT/BEACH SERVICE/VALET/SECURITY AND MORE. YOU WILL NOT BE DISAPPOINTED. *** 3 ASSIGNED PARKING SPOTS AND 1 EXTRA STORAGE SPACE***

Last Listed By

Ruth Abeckjerr

Miami Connections Realty LLC License #0536378 Listed on: 06/03/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,299

Year Built

  • Built in 2003 | Remodeled

HOA Fees

  • $2,241 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 3,945 Sq Ft Home
  • Built-In Features
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-043-0190

Community Details

Overview

  • High-Rise Condominium
  • Ocean Three Condos
  • Ocean Three Condo Subdivision
  • 37-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Billiard Room
  • Community Center
  • Party Room
  • Secure Lobby
  • Elevator

Recreation

  • Community Basketball Court

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Private Guards

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,299

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$2,241 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: COLLINS AVENUE TO 189TH STREET - UNIT ON EAST SIDE. VALET PARKING.
  • Entry Level: 25
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN THREE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3945
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 37
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Master Bathroom Features: 2 Master Bathrooms

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN THREE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured, Private Guards

Condo/Co-op/Association

  • Association Fee: 2241
  • Amenities: Basketball Court, Billiard Room, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-043-0190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 2241

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 37299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 24, 2020
Sold by
Cohen Jeffrey
Bought by
Schur Peter and Schur Helene
Seller's Agent
Ruth Abeckjerr
Miami Connections Realty LLC
Buyer's Agent
Leo Ickowicz
Elite International Realty Inc
List Price
$2,500,000
Sold Price
$2,147,000
Premium/Discount to List
-$353,000
-14.12%
Total Days on Market
429
Current Estimated Value
$3,644,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,497,513
Avg. Annual Appreciation
11.78%

Purchase Details

Closed on
Jun 17, 2006
Sold by
Safai Bijan and Safai Vera
Bought by
Cohen Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2003
Sold by
Ocean Three Lp
Bought by
Safai Bijan and Safai Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,000
Interest Rate
5.12%
Mortgage Type
Unknown

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
Schur Peter $2,137,000 Attorney
Cohen Jeffrey $2,250,000 None Available
Safai Bijan $1,490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Jeffrey $1,800,000
Previous Owner Cohen Jeffrey $350,000
Previous Owner Cohen Jeffrey $1,700,000
Previous Owner Safai Bijan $912,000
Closed Safai Bijan $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $2,147,000 -12.3% $544 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $2,448,000 0.0% $621 / Sq Ft
02/06/2020 02/06/20 Price Changed $2,449,000 -1.8% $621 / Sq Ft
11/20/2019 11/20/19 Price Changed $2,495,000 -0.2% $632 / Sq Ft
06/03/2019 06/03/19 For Sale $2,500,000 -- $634 / 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 $31,232 $1,928,662 -- --
2023 $31,232 $1,872,488 $0 $0
2022 $30,457 $1,817,950 $0 $0
2021 $30,663 $1,765,000 $0 $0
2020 $31,644 $1,765,000 $0 $0
2019 $38,237 $2,127,000 $0 $0
2018 $37,299 $2,127,000 $0 $0
2017 $38,035 $2,126,956 $0 $0
2016 $25,457 $1,426,282 $0 $0
2015 $25,918 $1,416,368 $0 $0
2014 $26,388 $1,405,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10684209

MIAMI REALTORS® MLS

APN: 31-2202-043-0190