NOT LISTED FOR SALE

Estimated Value: $4,730,522 - $5,261,000

3 Beds
3.5 Baths
1,982 Sq Ft
$150/mo HOA Fee

Last Sold February 24, 2021

Last sale price $4,600,000 $2,321 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $33,899/month

43 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Private Guards
  • South Pointe Elementary School Rated A-
  • Intercom to Front Desk
  • 4-minute walk to South Pointe Park

About This Home

As of February 2021

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 entertainer’s 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.
Call Listing agent Max Mlekus 786.223-2270

Last Listed By

Massimiliano Mlekus

Keller Williams Realty Miami Beach License #3140328 Listed on: 12/18/2020

Keller Williams Realty Miami Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,077

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Penthouse

Interior Spaces

  • 1,982 Sq Ft Home
  • Entrance Foyer
  • Marble Flooring
  • Ocean Views
  • Dryer

Kitchen

  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Home Security

  • Burglar Security System
  • Security Fence, Lighting or Alarms

Outdoor Features

  • Outdoor Grill

Schools

  • South Pointe Elementary School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-371-0000

Community Details

Overview

  • Mid-Rise Condominium
  • One Ocean Condo
  • One Ocean Condo,One Ocean Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Intercom to Front Desk
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Dogs Allowed

Building Details

  • Maintenance Expense $3,000

Security

  • Private Guards
  • Security Guard
  • Phone Entry
  • Secure Elevator
  • Secure Stairs
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$61,077

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ONE OCEAN CONDO,ONE OCEAN
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer
  • Interior Amenities: Closet Cabinetry, Elevator, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1982
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Ocean View
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ONE OCEAN CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Phone Entry, Fire Alarm, Secured Garage/Parking, Guard At Site, Intercom In Lobby, Lobby Secured, Burglar Alarm, Private Guards, Stairs Secured, Unit Alarm

Condo/Co-op/Association

  • Association Fee: 150
  • Amenities: Barbecue, Business Center, Clubhouse-Clubroom, Community Room, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe

Lot Info

  • Parcel Number: 02-42-03-371-0000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 3000

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 61077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Gronager Michael
Bought by
Caracciolo Thomas J
Total Days on Market
43
Current Estimated Value
$5,065,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$2,280,876
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$2,752,733

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 10, 2021
Sold by
Thorpe Geoffrey Stafford
Bought by
Gronager Michael
Seller's Agent
Massimiliano Mlekus
Keller Williams Realty Miami Beach
Buyer's Agent
Patrick Jeary
IPF
List Price
$5,200,000
Sold Price
$4,600,000
Premium/Discount to List
-$600,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Caracciolo Thomas J $4,950,000 None Listed On Document
Gronager Michael $4,600,000 B2b Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caracciolo Thomas J $2,300,000
Previous Owner Gronager Michael $2,300,000
Previous Owner Thorpe Geoffrey Stafford $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $4,600,000 -11.5% $2,321 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $5,200,000 0.0% $2,624 / Sq Ft
07/15/2020 07/15/20 Rented $14,500 0.0% --
07/09/2020 07/09/20 Under Contract -- -- --
05/01/2020 05/01/20 Price Changed $14,500 -12.1% $7 / Sq Ft
03/12/2020 03/12/20 Price Changed $16,500 -5.7% $8 / Sq Ft
03/04/2020 03/04/20 Price Changed $17,500 -5.4% $9 / Sq Ft
02/04/2020 02/04/20 For Rent $18,500 +8.8% --
03/20/2019 03/20/19 Rented $17,000 -12.8% --
01/07/2019 01/07/19 For Rent $19,500 +14.7% --
03/07/2018 03/07/18 Rented $17,000 -8.1% --
02/21/2018 02/21/18 Under Contract -- -- --
01/15/2018 01/15/18 For Rent $18,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $66,338 $3,710,116 -- --
2023 $66,338 $3,400,939 $0 $0
2022 $58,092 $3,091,763 $0 $0
2021 $42,640 $2,208,402 $0 $0
2020 $61,077 $3,154,860 $0 $0
2019 $61,136 $3,154,860 $0 $0
2018 $76,533 $4,070,000 $0 $0
2017 $77,505 $4,070,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10973246

MIAMI REALTORS® MLS

APN: 02-4203-371-0280