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Sold for $5,550,000
  • $5,550,000

    1 Collins Ave #508, Miami Beach, FL 33139

    5beds
    3,041sqft
    Condominium
    Built in 2016
    -- sqft lot
    $6,274,200 Zestimate®
    $1,825/sqft
    $29,639 Estimated rent

    Home value

    $6,274,200

    $5.65M - $7.03M

    $29,639/mo

    Zestimate® history
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    What's special

    This exclusive residence presents a harmonious fusion of contemporary luxury & unbeatable comfort with Italian hardwood floors, a gourmet kitchen adorned with marble accents & Wolf appliances and breathtaking views spanning Ocean Drive & the iconic Nikki Beach. Situated at the southern tip of Miami Beach in the South of Fifth neighborhood. Crafted by the esteemed Enrique Norton, the property also offers an array of five-star amenities including concierge service, a serene infinity-edge pool deck envisioned by Swiss landscape architect Enzo Enea, fitness center & dedicated beach club. At One Ocean, sophistication meets convenience, an unparalleled lifestyle in one of Miami Beach’s most coveted locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Duchon 732-754-7535,

    The Corcoran Group,

    Eloy Carmenate 305-582-7179,

    The Corcoran Group

    Bought with:

    Marko Gojanovic, 3465143

    One Sotheby's International Realty

    Reid Heidenry, 3194322

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11308608MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Other, Gas Range, Refrigerator, Oven, Washer
    Features
    • Built-in Features, Closet Cabinetry, Other, Walk-In Closet(s)
    • Flooring: Other, Wood
    • Doors: High Impact Doors
    Interior area
    • Total structure area: 3,041
    • Total interior livable area: 3,041 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Valet
    • Garage spaces: 2
    Features
    • Entry location: First Floor Entry
    • Exterior features: Other, Balcony
    • Has view: Yes
    • View description: Ocean, Other
    • Has water view: Yes
    • Water view: Ocean
    Details
    • Parcel number: 0242033710470
    • Other equipment: Other

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Year built: 2016

    Community & HOA

    Community
    • Security: Doorman, Elevator Secure
    • Application fee: $100
    • Subdivision: One Ocean Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse-Clubroom, Elevator(s), Pool, Other, Private Beach Pavilion
    • HOA fee: $7,405 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $1,825/sqft
    • Tax assessed value: $4,465,990
    • Annual tax amount: $81,077
    • Date on market: 11/29/2022
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    5/28/2024Sold$5,550,000-7.4%$1,825/sqft
    Source: MIAMI #A11308608 Report a problem
    4/16/2024Pending sale$5,995,000$1,971/sqft
    Source: MIAMI #A11308608 Report a problem
    3/28/2024Contingent$5,995,000$1,971/sqft
    Source: MIAMI #A11308608 Report a problem
    1/2/2024Price change$5,995,000-4.1%$1,971/sqft
    Source: MIAMI #A11308608 Report a problem
    11/2/2023Price change$6,250,000-3.1%$2,055/sqft
    Source: MIAMI #A11308608 Report a problem
    5/8/2023Price change$6,450,000-3%$2,121/sqft
    Source: MIAMI #A11308608 Report a problem
    3/30/2023Price change$6,650,000-1.5%$2,187/sqft
    Source: MIAMI #A11308608 Report a problem
    1/25/2023Price change$6,750,000-3.6%$2,220/sqft
    Source: MIAMI #A11308608 Report a problem
    12/7/2022Listed for sale$7,000,000-6.7%$2,302/sqft
    Source: MIAMI #A11308608 Report a problem
    8/31/2022Listing removed--
    Source: Douglas Elliman Report a problem
    5/16/2022Price change$7,499,000-6.2%$2,466/sqft
    Source: MIAMI #A11146706 Report a problem
    1/14/2022Listed for sale$7,998,000$2,630/sqft
    Source: MIAMI #A11146706 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$83,001 -6.9%$4,465,990 -5.3%
    2024$89,178 +5.6%$4,715,148 +10%
    2023$84,455 +14.9%$4,286,499 +10%
    2022$73,478 -2.7%$3,896,818
    2021$75,516 +3.3%$3,896,818 +5.9%
    2020$73,074 -4.2%$3,680,328 -6.5%
    2019$76,277 +5.1%$3,936,180 +2%
    2018$72,562 $3,858,800
    2017$72,562 $3,858,800
    Find assessor info on the county website

    Neighborhood: South Pointe

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,274,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,274,200