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225 Collins Ave APT 5J, Miami Beach, FL, 33139

1beds
1baths
723sqft
$749,500
$1,037price/sqft
$5,167/moest. monthly cost
$206,680/yrincome needed

About This Home

Welcome to this beautiful and spacious 1 Bedroom/ 1 Bath at Ocean Place, a Boutique luxury building in highly sought-after South of Fifth neighborhood in Miami Beach. Ideally located just steps from the beach and Marjory Stoneman Douglas Park. Ocean Place, besides being perfectly located comes with 24-hour security, heated saltwater pool, jacuzzi, fitness center, and assigned garage parking. Pet-friendly with strong, financially sound association and flexible rental policy allows up to 12 leases per year—ideal for investors or end-users seeking income potential. Prime walkable location near South Pointe Park and top dining destinations including Joe's Stone Crab, Milos, Carbone, Prime 112, Smith & Wollensky and more! Priced to sell & easy to show.

Getting Around

84
WalkingVery Walkable
49
TransitSome Transit
84
BikeVery Bikeable

Schools

9/10
5/10
Nautilus Middle SchoolGrades 6-83.0 mi
5/10

Construction

Condition

  • Year built: 2004

Materials

  • Construction materials: CBS Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Lobby,Closet Cabinetry
  • Door features: High Impact Doors
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Electric

Interior Area

  • Total structure area: 723
  • Total interior livable area: 723 sqft

Property

Details

  • Parcel number: 0242032660090
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Garden,Ocean,Skyline
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Features: East Of Us1

Parking

  • Total spaces: 1
  • Parking features: 1 Space,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,789$45,468
Home Insurance *$14$168
Property Taxes $1,167$14,004
Electricity $197$2,366
Total$5,167$62,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,154/yr
40% on housing$155,010/yr
45% on housing$137,786/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,037This listing

vs Other Active Listings

Avg $/sqft

ZIP 33139$839
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33139$2,481
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$749,500
2026-06-30Price change$749,500
2026-03-27Listed for sale$799,000
2022-08-02Sold$640,000
2022-07-12Pending sale$675,000
2022-06-30Contingent$675,000
2022-06-24Listed for sale$675,000
2020-05-04Listing removed$579,900
2020-02-18Price change$579,900
2018-03-09Price change$549,000
2017-07-31Price change$569,900
2017-06-09Price change$579,900
2017-05-09Price change$589,900
2016-11-28Listed for sale$599,900
2016-07-01Listing removed$599,900
2016-04-29Price change$599,900
2016-04-05Price change$624,900
2015-11-23Price change$629,900
2015-07-05Listed for sale$650,000
2010-12-09Sold$356,000
2010-10-30Price change$375,000
2010-05-04Listed for sale$399,000
2004-09-24Sold$272,000

For Sale by Agent

AgentJorge Salazar
BrokerageCompass Florida, LLC

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