NOT LISTED FOR SALE

Ocean III 18911 Collins Ave Unit 801 Sunny Isles Beach, FL 33160

Estimated Value: $2,769,000 - $3,934,000

4 Beds
5.5 Baths
3,945 Sq Ft
2003 Built

Last Sold October 13, 2020

Last sale price $1,850,000 $469 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $21,025/month

264 Days on Market

Highlights

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

About This Home

As of October 2020

Panoramic Direct Ocean views! Best value on the market in Sunny Isles Beach: 3945 square feet, 4 Bedroom plus a Den/Office! Master Bedroom with his & her Bathrooms. Separate Laundry/Maid room with Full Bathroom, Private elevator Foyer. Tandem parking space for 2 cars, Storage. Brand new renovated Amenities: Pool Area, Social Room, Café, BBQ area, Fitness Center, Tennis Court, 24 hours Security, Complimentary Valet Parking, Beach and Pool Services, Roof Top Solarium with Jacuzzi.

Last Agent to Sell the Property

Inga Boutboul

One Sotheby's International Realty License #0682392 Listed on: 11/08/2019

One Sotheby's International Realty

Co-Listed By

Anthony Kilshtok

One Sotheby's International Realty License #3286741

Last Buyer's Agent

Janice Horowitz

Aventura Real Estate, Inc. License #3027024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,157

Year Built

  • Built in 2003

Lot Details

  • Ocean Front
  • East Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 3,945 Sq Ft Home
  • Blinds
  • Family or Dining Combination
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-043-0030

Community Details

Overview

  • Property has a Home Owners Association
  • Ocean Three Condos
  • Ocean Three Subdivision
  • The community has rules related to no trucks or trailers
  • 32-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,241

Security

  • Security Guard
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,157

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Co List Office Mls Id: OSIR22
  • Co List Office Phone: 305-935-0300
  • Directions: Collins Avenue A1A Ocean Side.
  • Entry Level: 8
  • 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
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3945
  • Possible Use: Unknown/Withheld
  • Stories: 32
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Family/Dining Combination
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • Direction Faces: East
  • 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: Ocean Three
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Doorman, Guard At Site

Condo/Co-op/Association

  • Amenities: Barbecue, Exercise Room, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-043-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2241

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 25157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Rutta and Julie
Bought by
Rutta Mishpacha 2 Lp
Current Estimated Value
$3,295,669

Purchase Details

Listed on
Nov 8, 2019
Closed on
Oct 13, 2020
Sold by
London Ruvim and London Lia
Bought by
Rutta Richard and Rutta Julie
Seller's Agent
Inga Boutboul
One Sotheby's International Realty
Buyer's Agent
Janice Horowitz
Aventura Real Estate, Inc.
List Price
$2,229,900
Sold Price
$1,850,000
Premium/Discount to List
-$379,900
-17.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%

Purchase Details

Closed on
Mar 15, 2005
Sold by
London Rouvim
Bought by
London Rouvim and London Liia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Source: Public Records

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
Rutta Mishpacha 2 Lp -- Kalchman Charles Z
Rutta Mishpacha 2 Lp -- None Listed On Document
Rutta Richard $1,850,000 Attorney
London Rouvim -- --
London Rouvin $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner London Rouvim $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $1,850,000 -14.0% $469 / Sq Ft
07/09/2020 07/09/20 Price Changed $2,150,000 -3.6% $545 / Sq Ft
11/08/2019 11/08/19 For Sale $2,229,900 0.0% $565 / Sq Ft
11/01/2017 11/01/17 Rented $8,333 -12.3% --
09/27/2017 09/27/17 Under Contract -- -- --
05/05/2017 05/05/17 Price Changed $9,500 -9.5% $2 / Sq Ft
01/12/2017 01/12/17 For Rent $10,500 -- --
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
2025 $42,632 $2,642,900 -- --
2024 $40,842 $2,459,930 -- --
2023 $40,842 $2,236,300 $0 $0
2022 $34,834 $2,033,000 $0 $0
2021 $26,773 $1,506,000 $0 $0
2020 $27,001 $1,506,000 $0 $0
2019 $26,299 $1,502,989 $0 $0
2018 $25,157 $1,474,965 $0 $0
2017 $25,114 $1,444,628 $0 $0
2016 $25,248 $1,414,915 $0 $0
2015 $25,706 $1,405,080 $0 $0
2014 $26,172 $1,393,929 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10765913

MIAMI REALTORS® MLS

APN: 31-2202-043-0030