Home » Miami Beach » One Ocean at 1 Collins Ave Miami Beach » 1 Collins Ave PH705, Miami Beach, FL 33139 | A11548877

Sold 1 Collins Ave PH705, Miami Beach, FL 33139

$5,250,000
closed for a price of $4,950,000

Property Highlights

Listing ID A11548877 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 4 Bathrooms Total 3 Full Bath 1 Half Bath Living Space 1,982 Sqft/184.13 m2 approx. Building Area 3,967 Sqft/368.55 m2 approx. POOL Year Built 2016 Has view of the Ocean Lease Term Minimum Duration: 180 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 180 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 32 Days

1 Collins Ave PH705, Miami Beach, FL 33139

Property Description: UNIQUE PENTHOUSE with 1700+ SF rooftop, private elevator, and 2-car garage with AC. One Ocean is a five-star boutique building for the most discerning buyer. Designed by famed architect Henrique Norton and surrounded by gardens created by internationally renowned landscaper Enzo Enea. The rooftop has multiple lounge seating areas, dining for 10, and jacuzzi with sunset and city light views for evening soirees. This large beautifully appointed unit offers lush park and ocean views. Located in the exclusive and vibrant South of Fifth neighborhood, walk to restaurants, clubs, 17-acre park, the ocean and its scenic boardwalk. World-class amenities include concierge, valet, fitness center, sauna, spa, & private beach service. Coming soon, internationally celebrated Philippe Chow restaurant.

Useful Info

Contingency:Backup Contract/Call LA
Original List Price:$5,250,000
Close Price:$4,950,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:One Ocean at 1 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Rooms Distribution

Rooms Total:7

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Other
  • Penthouse
Levels:One
Entry Level (floor):7
Entry Level Location:7
Construction Materials:
  • Block
  • Other
Flooring:
  • Tile
  • Other
Number of stories:7
Stories:1

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Ocean
  • City
  • Other
Waterfront:No
Swimming Pool Features:
  • Heated
Security:
  • Door Man
  • Security Guard
  • Elevator Secured
  • Lobby Secured
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Built-in Oven
  • Gas Range
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • First Floor Entry
  • Walk-in Closet(s)
  • Kitchen Island
  • Entrance Foyer
  • Other
  • Elevator
  • Main Living Area Entry Level
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Balcony
  • Other
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$66,338

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:2023
Tax Assessed Value:3710120
Association Fee:$4,826
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$4,826
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax,Tax Reflects No Exemptions,Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Assumable (The financing currently in place may be assumed)
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
  • Negotiable
Buyer Financing:
  • Conventional
Lease Considered:No

Community

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

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Attached
  • Covered
  • Assigned
  • Other

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Rymfire Elementary
High School:Miami Beach
Middle Or Junior School:Nautilus

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewOcean View,Other View,Pool Area View,Skyline View
Miami-Dade Assessed Amount "Save Our Homes" (SOH) Value3400939
Housing Older Persons ActUnverified
Unit DesignEast Of Us1,Other,Penthouse
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects City & County Tax,Tax Reflects No Exemptions,Tax Reflects No Homestead Tax
Number of times allowed to lease per year2
Flood ZoneAE
Homeowner's Association Application Fee100
Rooms DescriptionOther
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 705 SOUTH BLDG UNDIV 1.4153 % INT IN COMMON ELEMENTS OFF REC 30011-4424
Real Estate Folio Number (Parcel Number):02-42-03-371-0280
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:March 18, 2024 7:44 pm
On Market Date:March 18, 2024
Close Date:April 19, 2024
Price Change Date Time:March 12, 2024 10:33 am
Last Important Update Description:Closed
Date and Time of Last Important Update:April 25, 2024 11:16 am
Status Last Changed:April 25, 2024 11:16 am
Photos Last Modified:March 18, 2024 11:55 pm
Last Modified:April 25, 2024 3:16 pm
Days on the Market Reference Date:April 25, 2024
Days on the Market (updated on Last Modified*):3
Cumulative Days on the Market (updated on Last Modified**):3

Additional Information

Unit Location:East Of Us1,Other,Penthouse
Number of Photos:61
Location:,,
Included:,,
Area:42
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12025-N-0242033710280-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:1
Street Address:1 Collins Ave PH705
Unit Number:PH705
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1 Collins Ave PH705, Miami Beach, FL 33139
Latitude:N25° 46' 7.7''
Longitude:W81° 51' 58.3''

Neighborhood

Postal City:Miami Beach
City Region:664852

Property Map

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