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1 Collins Ave #306
Miami Beach, FL 33139
Listing courtesy of Mocca Realty, LLC.. Contact: [email protected].
One Ocean, an exclusive boutique building in Miami Beach’s highly coveted South of Fifth neighborhood, offers an exceptional level of luxury and privacy. Situated in the most sought-after line in the building, Residence 306 combines the privacy of a single-family home with the personalized service of a luxury condominium. Featuring 3,400 sq. ft. of interior living space, 4 bedrooms, 5 full bathrooms, and a powder room, this extraordinary residence is complemented by an expansive 1,500 sq. ft. wraparound terrace, creating nearly 5,000 sq. ft. of indoor-outdoor living and entertaining. A private elevator opens directly into your personal foyer, while a rare, air conditioned, double height two car garage provides an exceptional level of privacy and convenience. Residents enjoy five-star amenities, 24-hour concierge service, and access to the exclusive Bentley Bay Beach Club, all moments from South of Fifth’s world-class dining, shopping, and entertainment. A rare opportunity to own in one of Miami Beach’s most prestigious addresses.
- Principal and interest
- $40,326
- Property tax
- $12,225
- Homeowners insurance
- $4,983
- HOA
- $8,580
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
One Ocean Condo was built in 2016, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2046. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.