Home » Miami Beach » One Ocean at 1 Collins Ave Miami Beach » 1 Collins Ave PH706, Miami Beach, FL 33139 | A11454047

Sold 1 Collins Ave PH706, Miami Beach, FL 33139

$11,900,000
closed for a price of $10,000,000

Property Highlights

Listing ID A11454047 Status of this Listing: Closed Sold Property Type Residential Condominium 4 Bedrooms 6 Bathrooms Total 5 Full Bath 1 Half Bath Living Space 3,339 Sqft/310.20 m2 approx. Building Area 3,339 Sqft/310.20 m2 approx. COMMUNITY POOL Year Built 2016 Waterfront Has view of the Ocean Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 277 Days

1 Collins Ave PH706, Miami Beach, FL 33139

Property Description: Embrace modern luxury living in this Penthouse with private rooftop at the heart of South-of-Fifth at One Ocean, where a waterfront lifestyle meets the vibrancy of the city. Blending form & function, this 3,339 sq. ft. penthouse is nestled in a prime location with unobstructed ocean views, showcasing South Beach’s coastal charm. This open-concept residence boasts its own rooftop oasis with sunrise to sunset views, wraparound balcony, floor-to-ceiling windows, & private elevator entrance, setting the stage for a lifestyle of comfort & entertainment. Exquisitely finished, the kitchen exhibits marble countertops, wooden cabinetry, Wolf appliances & wine cooler. Enjoy resort-style amenities steps away from the famous fine dining & shopping of South Beach.

Useful Info

Contingency:Other
Original List Price:$11,900,000
Close Price:$10,000,000
More Listings Same Building:One Ocean at 1 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Other
  • Penthouse
Entry Level (floor):706
Entry Level Location:706
Construction Materials:
  • Block
Flooring:
  • Wood
  • Marble
Number of stories:7

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
  • Canal Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Door Man
  • Key Card Entry
  • Security Guard
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Gas Range
  • Water Purifier
Interior Features:
  • Eat-in Kitchen
  • Kitchen Island
  • Family/dining Room
  • Entrance Foyer
  • Other
  • Elevator
  • Dual Sinks
Exterior Features:
  • Deck
  • Barbecue
  • Balcony
Patio and Porch Features:
  • Deck
  • Balcony
  • Open
Window Features:
  • Blinds
  • Drapes
Laundry Features:
  • Laundry Tub
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$109,354

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$8,131
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions,Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Spa/hot Tub
  • Other
  • Elevator(s)
  • Fitness Center
  • Beach Rights
Subdivision Name:ONE OCEAN CONDO
Association Fee Includes:
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • Amenities
Complex Name:ONE OCEAN
Senior Community:No
Restrictions: Other Restrictions, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Two Or More Spaces
  • Covered

More Details

Other Information:
Unit ViewOcean View,Direct Ocean,Pool Area View
Housing Older Persons ActNo HOPA
Water AccessNone
Unit DesignOther,Penthouse
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions,Tax Reflects No Homestead Tax
Number of times allowed to lease per year1
Flood ZoneAE
Homeowner's Association Application Fee150
Rooms DescriptionDen/Library/Office,Family Room,Maid/In-Law Quarters,Utility Room/Laundry
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number371
Buyer Country of ResidenceUnknown/Withheld
Water Access Description:None

Zoning and Legal

Tax Legal Description:ONE OCEAN CONDO UNIT 706 SOUTH BLDG UNDIV 2.3844 % INT IN COMMON ELEMENTS OFF REC 30011-4424
Real Estate Folio Number (Parcel Number):02-42-03-371-0350
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:September 22, 2023 11:41 am
On Market Date:September 8, 2023
Close Date:June 25, 2024
Price Change Date Time:September 16, 2023 2:35 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:June 26, 2024 5:39 pm
Status Last Changed:June 26, 2024 5:39 pm
Photos Last Modified:September 22, 2023 3:53 pm
Last Modified:June 27, 2024 3:54 pm
Days on the Market Reference Date:June 27, 2024
Days on the Market (updated on Last Modified*):235
Cumulative Days on the Market (updated on Last Modified**):235

Additional Information

Unit Location:Other,Penthouse
Number of Photos:22
Location:,,
Included:,,
Area:42
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12025-N-0242033710350-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:1
Street Address:1 Collins Ave PH706
Unit Number:PH706
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1 Collins Ave PH706, Miami Beach, FL 33139
Latitude:N25° 46' 5.1''
Longitude:W81° 51' 57.8''

Neighborhood

Postal City:Miami Beach

Property Map

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