$2,299,000

Estimated payment $16,010/month

Total Views 2,933
2 Beds
2 Baths
1,446 Sq Ft
$1,590 Price per Sq Ft

Highlights

  • Valet Parking
  • Ocean Front
  • Vaulted Ceiling
  • South Pointe Elementary School Rated 9+
  • Fitness Center
  • 5-minute walk to Marjory Stoneman Douglas Park

About This Home

Located in the prestigious South of Fifth neighborhood of South Beach and walking-distance to the beach, this 2-BR/2-BA condo features panoramic views from rotunda with glass walls overlooking the Ocean, Art Deco District, Lummus Park. The only unit in the boutique building with 3 private terraces, boasting an oval shaped expansive sun-drenched living area, split floor plan, spacious balconies with wrap-around ocean views, and stainless-steel appliances with open gourmet kitchen/dining room, granite countertops. Luxury amenities including rooftop pool, fitness center, 24-hr valet, concierge, and more. Enjoy top South of Fifth restaurants, shops, galleries, and other glamorous attractions. Must see! Building allows daily rentals without restrictions. Great for investors.

Listing Agent

Zarko Draskovic

London Foster Realty License #3277860 Listed on: 03/23/2026

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,588

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $2,200 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Condo Hotel
  • Entry on the 3rd floor

Interior Spaces

  • 1,446 Sq Ft Home
  • 4-Story Property
  • Custom Mirrors
  • Vaulted Ceiling
  • Ocean Views
  • Video Cameras
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-328-0050

Community Details

Overview

  • Ocean Five Condo
  • Ocean Five Condo Subdivision

Amenities

  • Valet Parking
  • Trash Chute
  • Lobby
  • Secure Lobby
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,588

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$2,200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: OCEAN FIVE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 2299000
  • InternetRemarks: Located in the prestigious South of Fifth neighborhood of South Beach and walking-distance to the beach.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Lobby, Closet Cabinetry, Custom Mirrors, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble, Tile
  • Living Area: 1446
  • Other Equipment: Elevator
  • Stories: 4
  • Window Features: High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level

Exterior Features

  • View: Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN FIVE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Lobby Secured, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 2200
  • Amenities: Bike/Jog Path, Elevator(s), Exercise Room, Exterior Lighting, Private Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-328-0050

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 18588

Map

Range of Values:

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Value Increase
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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 $19,395 $1,032,142 -- --
2024 $19,504 $1,032,142 -- --
2023 $19,504 $1,032,142 $0 $0
2022 $18,828 $1,002,080 $0 $0
2021 $19,348 $1,002,078 $0 $0
2020 $19,400 $1,002,078 $0 $0
2019 $19,419 $1,002,078 $0 $0
2018 $18,677 $1,002,078 $0 $0
2017 $17,834 $898,425 $0 $0
2016 $16,872 $816,750 $0 $0
2015 $16,323 $742,500 $0 $0
2014 $13,714 $675,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 For Sale $2,299,000 0.0% $1,590 / Sq Ft
10/29/2020 10/29/20 Under Contract -- -- --
09/11/2020 09/11/20 Rented $5,000 -9.1% --
08/25/2020 08/25/20 Price Changed $5,500 -8.3% $4 / Sq Ft
03/18/2020 03/18/20 Price Changed $6,000 -14.3% $4 / Sq Ft
01/21/2020 01/21/20 Price Changed $7,000 -12.5% $5 / Sq Ft
01/14/2020 01/14/20 For Rent $8,000 0.0% --
12/16/2019 12/16/19 Off Market $8,000 -- --
11/18/2019 11/18/19 For Rent $8,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $349,000 Attorney
Interfamily Deed Transfer -- None Available
Special Warranty Deed $992,500 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $259,000 Purchase Money Mortgage
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11987728

MIAMI REALTORS® MLS

APN: 02-4203-328-0050

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