What did 1 Collins Avenue 508 sell for?

1 Collins Avenue 508 sold for $5,550,000 on May 28, 2024, about 92.6% of its last asking price of $5,995,000 and about $1,825 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the association fees at 1 Collins Avenue 508?

The listing reported an association fee of $7,405 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.

What are the property taxes on 1 Collins Avenue 508?

The listing reported annual property taxes of $81,077 for 2023. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 1 Collins Avenue 508 built?

1 Collins Avenue 508 was built in 2016 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 1 Collins Avenue 508 on the market?

1 Collins Avenue 508 was on the market for 499 days before it sold, after the asking price was reduced from $7,000,000 to $5,995,000.

Is 1 Collins Avenue 508 still for sale?

No. 1 Collins Avenue 508 sold on May 28, 2024. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

1 Collins Avenue 508, Miami Beach, FL 33139

Sold $5,550,000 · May 28, 2024

Last asking price $5,995,000 · 92.6% of asking · 499 days on market

Similar Homes for Sale Nearby

1 Collins Avenue 402, Miami Beach, FL 33139 · $4,199,000 · 3 bd · 4 ba · 2,045 sq ft
400 Alton Road 2703, Miami Beach, FL 33139 · $6,299,000 · 3 bd · 3 ba · 3,058 sq ft
50 S Pointe Drive 1805, Miami Beach, FL 33139 · $6,300,000 · 2 bd · 3 ba · 1,606 sq ft
300 Collins Avenue PH2, Miami Beach, FL 33139 · $5,650,000 · 3 bd · 4 ba · 2,699 sq ft

5 beds
6 baths
3,041 sq ft
Condominium
Built 2016
HOA $7,405/mo
2 garage spaces
Miami-Dade County
MLS# A11308608
One Ocean Condo

Photo 1 at 1 Collins Avenue 508, Miami Beach

Photo 2 at 1 Collins Avenue 508, Miami Beach

Photo 3 at 1 Collins Avenue 508, Miami Beach

Photo 4 at 1 Collins Avenue 508, Miami Beach

Photo 5 at 1 Collins Avenue 508, Miami Beach

Photo 6 at 1 Collins Avenue 508, Miami Beach

Photo 7 at 1 Collins Avenue 508, Miami Beach

Photo 8 at 1 Collins Avenue 508, Miami Beach

About this home

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.

Features

Built-in Features
Other
Walk-In Closet(s)
Closet Cabinetry
Balcony

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

The Corcoran Group · Mercedes.Saewitz@corcoran.com · Listing agent: Michael Duchon

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

1 Collins Avenue 508 sold on May 28, 2024. If you own nearby, get a free home valuation or see homes for sale in Miami Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 1 Collins Avenue 508

What did 1 Collins Avenue 508 sell for?: 1 Collins Avenue 508 sold for $5,550,000 on May 28, 2024, about 92.6% of its last asking price of $5,995,000 and about $1,825 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 1 Collins Avenue 508?: The listing reported an association fee of $7,405 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 1 Collins Avenue 508?: The listing reported annual property taxes of $81,077 for 2023. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 1 Collins Avenue 508 built?: 1 Collins Avenue 508 was built in 2016 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 1 Collins Avenue 508 on the market?: 1 Collins Avenue 508 was on the market for 499 days before it sold, after the asking price was reduced from $7,000,000 to $5,995,000.
Is 1 Collins Avenue 508 still for sale?: No. 1 Collins Avenue 508 sold on May 28, 2024. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

Explore

Recently Sold Nearby

501 West Avenue 4102, Miami Beach, FL 33139 · Sold $6,300,000 · 3 bd · 4 ba · 2,930 sq ft

Explore Nearby

Nearby Cities

More Miami Beach Neighborhoods

Nearby ZIP Codes

Nearby Condo Buildings

A comparable condo, 501 West Avenue 4102, Miami Beach, FL 33139, sold for $6,300,000 in October 2026. Other Miami Beach neighborhoods include South Beach and Mid-Beach. Nearby ZIP codes include 33109 and 33140. This property also neighbors Fisher Island, Miami, and Brickell. Compare it with the Miami Beach housing market report.