For sale

$16,000,000

1 Collins Ave Unit 207, Miami Beach, FL 33139

5beds

5,586sqft

$1,590,677/mo

Get pre-qualified

Condominium

Built in 2016

-- sqft lot

$-- Zestimate^®

$2,864/sqft

$1,478,628/mo HOA

What's special

Patio oasisFloor-to-ceiling windowsLush tropical landscapingSteps from the beachInfinity-edge pool deckPrivate hot tubSub-zero and wolf appliances

Rarely available patio oasis with 5,586 SF at One Ocean, a boutique building in the exclusive South of Fifth neighborhood designed by renowned architect Enrique Norten. Two units into one seamless layout with 10-foot ceilings and floor-to-ceiling windows. Accessed through a private foyer and elevator, this full-floor, one-of-a-kind patio home with private hot tub and surrounded by lush tropical landscaping, sits steps from the beach. It has 5 bed, 5.5 bath, staff quarters, and a chef’s kitchen, Sub-Zero and Wolf appliances. One Ocean offers world-class amenities including an infinity-edge pool deck by Swiss landscape architect Enzo Enea, beach service, 24-hour concierge, fitness center and spa, Zen park, security, and valet service. A true sanctuary in the heart of South of Fifth.

320 days
384
6

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, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Laundry: Sink

Features

Closet Cabinetry, Kitchen Island, Pantry, Elevator
Flooring: Ceramic Tile
Doors: High Impact Doors
Windows: Blinds

Interior area

Total structure area: 5,586
Total interior livable area: 5,586 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: 2 Or More Spaces
Garage spaces: 2

Features

Patio & porch: Patio
Pool features: Association
Spa features: Community
Has view: Yes
View description: Garden
Waterfront features: Ocean Access, Ocean Front

Details

Parcel number: 0242033710390

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 2016

Community & HOA

Community

Security: Complex Fenced, Doorman, Card Entry
Application fee: $150
Pet fee: $150
Subdivision: One Ocean Condo

HOA

Has HOA: Yes
Amenities included: Business Center, Fitness Center, Exterior Lighting, Pool, Sauna, Spa/Hot Tub
HOA fee: $1,478,628 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $2,864/sqft
Tax assessed value: $7,450,304
Annual tax amount: $148,050
Date on market: 10/20/2025
Listing terms: All Cash,Conventional,FHA,Lease Option

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/11/2026	Price change	$16,000,000-8.6%$2,864/sqft
Source: MIAMI #A11899655 Report a problem
4/17/2026	Price change	$36,000-15.3%$6/sqft
Source: MIAMI #A11917285 Report a problem
4/9/2026	Price change	$42,500-5.6%$8/sqft
Source: MIAMI #A11917285 Report a problem
11/20/2025	Listed for rent	$45,000+28.6%$8/sqft
Source: MIAMI #A11917285 Report a problem
10/21/2025	Listed for sale	$17,500,000+15.9%$3,133/sqft
Source: MIAMI #A11899655 Report a problem
9/11/2023	Listing removed	--
Source: MIAMI #A11431824 Report a problem
8/7/2023	Listed for rent	$35,000+16.7%$6/sqft
Source: MIAMI #A11431824 Report a problem
2/11/2021	Listing removed	--
Source: Local MLS Report a problem
2/28/2020	Listed for rent	$30,000$5/sqft
Source: Compass Florida, LLC. #A10825258 Report a problem
12/6/2018	Listing removed	$15,100,000$2,703/sqft
Source: Miami Beach Real Estate Prop. #A10383099 Report a problem
6/20/2018	Listed for sale	$15,100,000$2,703/sqft
Source: Miami Beach Real Estate Prop. #A10383099 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$139,768 -5.6%	$7,450,304 -4.6%
2024	$148,050 +5.6%	$7,806,920 +10%
2023	$140,236 +4.6%	$7,097,200 +3.4%
2022	$134,047 +0.7%	$6,866,640
2021	$133,068 +3.3%	$6,866,640 +5.9%
2020	$128,764 -4.2%	$6,485,160 -6.5%
2019	$134,409 +5.1%	$6,936,000 +2%
2018	$127,869	$6,800,000
2017	$127,869	$6,800,000