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Sold for $4,950,000
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  • $4,950,000

    1 Collins Ave Unit 705, Miami Beach, FL 33139

    3beds
    1,982sqft
    Condo
    Built in 2016
    -- sqft lot
    $5,077,700 Zestimate®
    $2,497/sqft
    $9,245 Estimated rent

    Home value

    $5,077,700

    $4.62M - $5.59M

    $9,245/mo

    Zestimate® history
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    $33,989/mo

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    What's special

    Overlooking Miami Beach and Government Cut, this beautifully appointed, bright, and spacious three bedroom, three and half bath Penthouse unit at ONE OCEAN, with private elevator entrance and two car garage, is turnkey ready featuring Sub-Zero and Wolf appliances, as well as an Italian kitchen and closets. This unique unit also boasts its own 1200 square foot private rooftop terrace, an entertainerâs dream for outdoor enjoyment with multiple areas of lounge seating, a jacuzzi, and dining for up to ten.Located in the exclusive South of Fifth neighborhood, ONE OCEAN is a standout in design, by famed architect Enrique Norten and gardens by internationally renowned landscape architect Enzo Enea.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Trash compactor
    Features
    • Walk-In Closets, Foyer Entry, Closet Cabinetry, Elevator
    • Flooring: Tile
    Interior area
    • Total interior livable area: 1,982 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    • On waterfront: Yes
    Details
    • Parcel number: 0242033710280

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2016

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $150 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $2,497/sqft
    • Tax assessed value: $3,450,408
    • Annual tax amount: $63,949

    Price history

    DateEventPrice
    4/22/2024Sold$4,950,000+7.6%$2,497/sqft
    Source: Public Record Report a problem
    2/24/2021Sold$4,600,000-11.5%$2,321/sqft
    Source: MIAMI #A10973246 Report a problem
    1/26/2021Pending sale$5,200,000$2,624/sqft
    Source: Keller Williams Realty Miami Beach #A10973246 Report a problem
    12/18/2020Listed for sale$5,200,000+57.6%$2,624/sqft
    Source: Keller Williams Miami Beach Realty #A10973246 Report a problem
    10/5/2020Listing removed$3,300,000$1,665/sqft
    Source: The Corcoran Group #A10599633 Report a problem
    7/20/2020Listed for sale$3,300,000$1,665/sqft
    Source: The Corcoran Group #A10599633 Report a problem
    7/9/2020Listing removed$14,500$7/sqft
    Source: The Corcoran Group #A10812179 Report a problem
    7/9/2020Pending sale$3,300,000$1,665/sqft
    Source: The Corcoran Group #A10599633 Report a problem
    7/9/2020Listed for sale$3,300,000$1,665/sqft
    Source: The Corcoran Group #A10599633 Report a problem
    6/2/2020Listing removed$3,300,000$1,665/sqft
    Source: The Corcoran Group #A10599633 Report a problem
    6/2/2020Price change$14,500-12.1%$7/sqft
    Source: The Corcoran Group #A10812179 Report a problem
    5/1/2020Listed for rent$16,500$8/sqft
    Source: The Corcoran Group #A10812179 Report a problem
    3/29/2020Price change$3,300,000-13%$1,665/sqft
    Source: The Corcoran Group #A10599633 Report a problem
    3/12/2020Listing removed$16,500$8/sqft
    Source: The Corcoran Group #A10812179 Report a problem
    3/12/2020Price change$3,795,000-5%$1,915/sqft
    Source: The Corcoran Group #A10599633 Report a problem
    3/12/2020Price change$16,500-5.7%$8/sqft
    Source: The Corcoran Group #A10812179 Report a problem
    3/5/2020Price change$17,500-5.4%$9/sqft
    Source: The Corcoran Group #A10812179 Report a problem
    2/20/2020Listed for rent$18,500-5.1%$9/sqft
    Source: The Corcoran Group #A10812179 Report a problem
    1/29/2020Listed for sale$3,995,000-32.9%$2,016/sqft
    Source: The Corcoran Group #A10599633 Report a problem
    9/9/2019Listing removed$5,950,000$3,002/sqft
    Source: Calibre International Realty #A10599633 Report a problem
    3/21/2019Listing removed$19,500$10/sqft
    Source: Calibre International Realty #A10594933 Report a problem
    3/12/2019Listed for sale$5,950,000$3,002/sqft
    Source: Calibre International Realty #A10599633 Report a problem
    2/5/2019Listing removed$5,950,000$3,002/sqft
    Source: Calibre International Realty #A10599633 Report a problem
    1/18/2019Listed for sale$5,950,000$3,002/sqft
    Source: Calibre International Realty #A10599633 Report a problem
    1/8/2019Listed for rent$19,500$10/sqft
    Source: Calibre International Realty #A10594933 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$63,949 -8.3%$3,450,408 -7%
    2024$69,718 +5.1%$3,710,116 +9.1%
    2023$66,338 +14.2%$3,400,939 +10%
    2022$58,092 +36.2%$3,091,763 +40%
    2021$42,640 -30.2%$2,208,402 -30%
    2020$61,077 -0.1%$3,154,860
    2019$61,136 -20.1%$3,154,860 -22.5%
    2018$76,533 $4,070,000
    2017$76,533 $4,070,000
    Find assessor info on the county website

    Neighborhood: South Pointe

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Pointe

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,077,700
    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
    $5,077,700