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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. A Rare Gem at One Ocean, South of Fifth! Discover an exclusive retreat in the heart of Miami Beach’s prestigious South of Fifth neighborhood. This rarely available 1-bedroom, 1-bathroom residence at One Ocean offers 889 SqFt of sophisticated living space, complemented by an expansive 542 SqFt private terrace with direct access to Collins Ave—placing you just steps from Prime 112 and with toes in the sand moments away. Enjoy the best of both worlds with dual entrances—one through the condo tower and another via your private terrace, allowing for seamless indoor-outdoor living. Step inside to a modern, airy space featuring a sleek Italkraft kitchen outfitted with premium Wolf appliances, including a gas stove. The primary suite boasts a spacious walk-in closet and a spa-inspired bathroom, adding to the home’s effortless luxury. Designed by renowned architect Enrique Norten, One Ocean is a boutique ultra-luxury building with just 50 exclusive residences, offering residents top-tier amenities: ? Infinity-edge pool deck designed by Enzo Enea? Full beach service with exclusive Bentley Beach Club membership? State-of-the-art fitness center & spa? 24-hour concierge, doorman, and security? Private elevator access for a seamless arrival experienceThis residence includes one assigned parking space, plus valet service for added convenience. With world-class dining, pristine beaches, and vibrant nightlife at your doorstep, this South of Fifth sanctuary is truly one of a kind.
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NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.277% | 6.223% | 6.183% |
| Monthly Tax Payment | $1,474 | $1,474 | $1,474 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,147 | $6,314 | $8,769 |
| Total Monthly Payment | $7,746 | $7,913 | $10,368 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.