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225 Collins Avenue # 3j, Miami Beach FL 33139

Condo/Co-op Recently Sold
$697,500

BTC: 11.92307692

ETH: 437.38908503

Sold on: 2025-03-13
376 days
Waterfront
1 bds
1 ba
724 sqft

Overview

Enjoy the best Miami Beach has to offer! Amazing Miami beach condo steps from the beach located in the highly desirable South of Fifth. This luxury one-bedroom condo with a HUGE Balcony is fully furnished, private indoor parking, a washer dryer, and has new hurricane-rated impact windows for your peace of mind. It has a very large balcony greatly expanding the living space area with a direct view of Marjory Stoneham Ocean Park on the Ocean and an old Mediterranean Villa reminiscent of an Italian village. Ocean Place comprises 2 buildings including 226 Ocean Drive with full access to amenities including Jacuzzi, heated Pool, recently updated Gym, brand new lobby and elevators. Ocean Place goes beyond being a home; It is a boutique building with outstanding residents, it also presents a promising investment opportunity, allowing short-term monthly rentals 12 times a year. The building has undergone all necessary major renovations, including the roof, brand new elevators and is exceptionally well-managed. Seize the opportunity to own a slice of paradise at Ocean Place!

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Awning / Covered / Parking Garage
Year Built:
2003
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,036
Cooling:
Central Air / Electric
HOA:
$900

Valuation

Our model vs. what's actually selling nearby.
Estimate
$464,450
$354K – $780K
Confidence Low
List vs. estimate
$285K above estimate
List $750,000 · +61.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,035
+71.6% vs. city median $603
Based on
28 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,590
2023
HOA
$900/mo
Pool
Community
View
Ocean, Pool
Waterfront
Ocean Access
Garage
1 car garage
Furnished
Furniture For Sale,Furniture Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Dryer

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    • Elevator

    • Walk-In Closet(s)

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    • Awning

    • Covered

    • Parking Garage

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-266-0070

    • Zoning: RPS-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • HOA: $900

    • HOA Frequency: Monthly

    • Annual tax amount: $8,590

  • Source details

    • MLS ID: R10955132

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Patio And Porch Features: Open Balcony

    • Pool Features: Community

    • Window Features: Complete Impact Glass

    • Direction Faces: East

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 724

    • Subdivision Name: OCEAN PLACE CONDO,Ocean Place

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Corcoran Group