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Condominium
$1,299,000$1,588 / sqft
1 Collins Ave # 108, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
818 sqft
Interior
2016
Year built
$2,165 / mo
HOA
Condominium
Type
About this home
A Rare Gem at One Ocean, South of Fifth! This 1-BR, 1-BA residence offers 889 SqFt of refined living + 542 SqFt private terrace with direct access to Collins Ave steps from Prime 112 & the beach. Enjoy dual entrances for seamless indoor-outdoor living, a sleek Italkraft kitchen, Wolf gas range & spa-like bath with walk-in closet. Airy layout is perfect for relaxing or entertaining. Designed by Enrique Norten, One Ocean is a boutique building with 50 exclusive residences & top-tier amenities including an infinity-edge pool deck by Enzo Enea, Bentley Beach Club service, a state-of-the-art fitness center & spa, 24-hour concierge, doorman, security & private elevator access. Includes one assigned parking space & valet. Steps from world-class dining & nightlife in this South of Fifth sanctuary.
Features
- First Floor Entry
- None
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.