NOT LISTED FOR SALE

57 Ocean 5775 Collins Ave Unit 1005 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,875,000 - $3,028,860

2 Beds
2.5 Baths
1,296 Sq Ft
$1,772/mo HOA Fee

Last Sold March 29, 2022

Last sale price $2,600,000 $2,006 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $18,203/month

133 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Waterfront
  • North Beach Elementary School Rated A-
  • Intracoastal View
  • Main Floor Primary Bedroom

About This Home

As of March 2022

57 OCEAN, Brand NEW listing! Located on Millionaire's Row, Miami's most beautiful and exclusive strip of beachfront, sits 57 Ocean. Experience the ultimate in luxury living, with this 2-bedroom, 2.5 bathroom residence, featuring floor-to-ceiling windows, 12 ft deep terraces, open floor plans, private elevators and foyer. The unit's intracoastal views offer the most stunning sunsets to inspire every day living. Top of the line Poliform kitchen and bathrooms. SubZero and Wolf appliances. Personalized service with just 71 units and amenities including an indoor & outdoor gym with My Equilibria and Technogym training equipment, Meditation Gardens, Chef kitchen, outdoor grill area and poolside bar and social lounge with stunning oceanfront views. Poolside and beach concession services.

Last Agent to Sell the Property

Stefanie Genauer

Douglas Elliman License #3460878 Listed on: 11/15/2021

Douglas Elliman

Co-Listed By

Christopher Jude

PGutman, LLC License #3335565

Last Buyer's Agent

Joseph Schafer

Douglas Elliman License #3087675

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,862

Year Built

  • Built in 2021 | Under Construction

HOA Fees

  • $1,772 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 10th floor

Interior Spaces

  • Entrance Foyer
  • Intracoastal Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Waterfront
  • Central Heating and Cooling System

Community Details

Overview

  • High-Rise Condominium
  • 57 Ocean Condos
  • 57 Ocean Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Community Library

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,862

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$1,772 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: FINR12
  • Co List Office Phone: 305-400-6393
  • 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: 57 OCEAN
  • Year Built Details: Under Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 19
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 57 OCEAN
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1772
  • Amenities: Bike/Jog Path, Barbecue, Exercise Room, Library, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2022 03/29/22 Sold $2,600,000 -5.5% $2,006 / Sq Ft
11/15/2021 11/15/21 For Sale $2,750,000 +25.0% $2,122 / Sq Ft
10/19/2021 10/19/21 Sold $2,200,000 -4.3% $1,767 / Sq Ft View Prior Sale
07/14/2021 07/14/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $2,300,000 -- $1,847 / 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
2025 $41,862 $2,091,328 -- --
2024 $39,051 $2,227,719 -- --
2023 $39,051 $2,066,530 $0 $0
2022 $28,762 $1,530,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stefanie Genauer

    Seller's Agent in 2022

    Stefanie Genauer

    Douglas Elliman

    (305) 505-5074

    3 in this area

    28 Total Sales

    Stefanie Genauer
    Section Image
  • Christopher Jude

    Seller Co-Listing Agent in 2022

    Christopher Jude

    PGutman, LLC

    (305) 695-6300

    13 in this area

    20 Total Sales

    Christopher Jude
    Section Image
  • Joseph Schafer

    Buyer's Agent in 2022

    Joseph Schafer

    Douglas Elliman

    (305) 695-6300

    4 in this area

    73 Total Sales

    Joseph Schafer
    Section Image
  • Nirka Burns Padilla

    Seller's Agent in 2021

    Nirka Burns Padilla

    Douglas Elliman

    (305) 562-1665

    4 in this area

    4 Total Sales

    Nirka Burns Padilla
    Section Image
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About 57 Ocean

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11124432

MIAMI REALTORS® MLS

APN: 02-3211-032-0540

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5775 Collins Ave Unit 1005, Miami Beach, FL

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