NOT LISTED FOR SALE

Ocean III 18911 Collins Ave Unit 405 Sunny Isles Beach, FL 33160

Estimated Value: $2,100,303 - $2,887,000

3 Beds
4.5 Baths
2,864 Sq Ft
$1,588/mo HOA Fee

Last Sold August 30, 2018

Last sale price $1,270,000 $443 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $16,594/month

86 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Newly Remodeled
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of August 2018

HUGE LANAI LOCATED ON THE POOL DECK WITH PRIVATE TERRACE/ LIKE A HOUSE ON THE BEACH/ PRIVATE FOYER/ COMPLETELY RENOVATED WITH MARBLE FLOOR, MODERN KITCHEN AND BATHROOMS/ VIEW TO THE OCEAN AND CITY. EASY TO SHOW.

Last Listed By

Jose Correa Lima

Yaffe International Realty License #0657418 Listed on: 05/07/2018

Yaffe International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,675

Year Built

  • Built in 2003 | Newly Remodeled

HOA Fees

  • $1,588 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,864 Sq Ft Home
  • Furnished
  • Marble Flooring
  • Washer

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-043-1240

Community Details

Overview

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

Amenities

  • Doorman

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Secure Elevator
  • Complex Is Fenced
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,675

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

HOA Fees

$1,588 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: COLLINS AVE AND 189th STREET.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN THREE CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 2864
  • Possible Use: Secondary
  • Stories: 37
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level

Exterior Features

  • View: Bay, Ocean View, Pool Area View, Tennis Court View, Water View
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEAN THREE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector, Complex Fenced, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 1588
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-043-1240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1588

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 21675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Valdes Pablo J and Valdes Pablo Jose
Bought by
Valdes Pablo Jose and Suero Lucilla
Total Days on Market
86
Current Estimated Value
$2,360,826

Purchase Details

Listed on
May 7, 2018
Closed on
Oct 16, 2018
Sold by
Reuven Toker
Bought by
Valdes Pablo
Seller's Agent
Jose Correa Lima
Yaffe International Realty
Buyer's Agent
Lidiana Baster
SunCoast 21 Realty, LLC
List Price
$1,399,000
Sold Price
$1,270,000
Premium/Discount to List
-$129,000
-9.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$900,000
Outstanding Balance
$799,061
Interest Rate
4.9%
Estimated Equity
$1,561,765

Purchase Details

Listed on
May 7, 2018
Closed on
Aug 30, 2018
Sold by
Toker Reuven and Toker Rachel
Bought by
Valdes Pablo J
Seller's Agent
Jose Correa Lima
Yaffe International Realty
Buyer's Agent
Lidiana Baster
SunCoast 21 Realty, LLC
List Price
$1,399,000
Sold Price
$1,270,000
Premium/Discount to List
-$129,000
-9.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$799,061
Interest Rate
4.9%
Estimated Equity
$1,561,765

Purchase Details

Closed on
Mar 11, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Toker Reuven and Toker Rachel

Purchase Details

Closed on
Sep 25, 2009
Sold by
Cardenas Luis E and Gastelbondo Ivanna
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 25, 2006
Sold by
Cardenas Luis and Gastelbondo Ivanna
Bought by
Cardenas Luis and Gastelbondo Ivanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$906,500
Interest Rate
1.55%
Mortgage Type
Negative Amortization

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
Valdes Pablo Jose -- Attorney
Valdes Pablo $10 --
Valdes Pablo J $1,270,000 Title Services Of Dade Count
Toker Reuven $565,000 Attorney
Deutsche Bank National Trust Company -- None Available
Cardenas Luis $133,400 Pinnacle Property Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Pablo $900,000
Closed Valdes Pablo --
Closed Valdes Pablo J $900,000
Previous Owner Cardenas Ivanna $906,500
Previous Owner Cardenas Luis $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $1,270,000 -9.2% $443 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
05/06/2018 05/06/18 For Sale $1,399,000 0.0% $488 / Sq Ft
12/12/2014 12/12/14 Rented $5,100 -27.1% --
11/12/2014 11/12/14 Under Contract -- -- --
06/19/2014 06/19/14 For Rent $6,999 +16.7% --
10/15/2013 10/15/13 Rented $6,000 +0.8% --
09/15/2013 09/15/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $5,950 -- --
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 $21,508 $1,208,548 -- --
2023 $21,508 $1,098,680 $0 $0
2022 $17,412 $998,800 $0 $0
2021 $16,142 $908,000 $0 $0
2020 $15,508 $865,000 $0 $0
2019 $18,301 $1,018,000 $0 $0
2018 $22,178 $1,272,000 $0 $0
2017 $21,675 $1,173,700 $0 $0
2016 $20,171 $1,067,000 $0 $0
2015 $20,072 $971,000 $0 $0
2014 $18,531 $882,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10465297

MIAMI REALTORS® MLS

APN: 31-2202-043-1240