Ocean Place
225 Collins Avenue, Miami Beach, FL 33139
South of Fifth
Folio 0242032660001
- Year built
- 2003
- Residences
- 48
- Building area
- 55,238 sq ft
- Median residence
- 1,064 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $1,365,000 · Jan 2026
- Median sale (10 yr)
- $1,100,000
- Recorded transfers
- 196
Ocean Place is a 48-residence condominium building at 225 Collins Avenue, in South Beach. County records list 2003 as the year built. It has a median residence of 1,064 square feet.
The recorded market runs to 143 arms-length sales since 2003, an annual turnover rate of 6 percent of the building over the past decade, and a median of $573 per square foot. Across 93 same-unit resales, 85 percent sold above their prior recorded price, with a median gain of 34 percent over a median hold of 4.4 years. The 8 sales since 2023 carry a median of $1,311 per square foot, against a record that opens in 2003 and spans several market cycles.
Own a residence at Ocean Place? See what it would sell for.
Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.
646.939.7375 · c.cohen@compass.com
At a glance
Condominium: The condominium is named Ocean Place Condominium.
Building type: Two condominium buildings on one block, west on Collins Avenue and east facing the beach on Ocean Drive
Architect: Arquitectonica
Floors: 8
Unit sizes: About 720 to 1,670 square feet, in one-, two- and three-bedroom plans. The two-bedroom is the most common.
Amenities: Heated pool and spa, fitness room, sundeck, elevator, covered assigned parking. Amenities are shared across the two buildings.
Security: Round-the-clock security
Source: The Roebling Research Desk.
Why Ocean Place matters
Arquitectonica, the Miami firm behind the Atlantis and much of the city's 1980s and later skyline, designed it, and it was completed in 2004.
It is two buildings, not one. The Collins Avenue building and the Ocean Drive building share a block, a condominium and amenities. Buyers should confirm which building a unit is in, because view and noise differ between the beach-facing building and the Collins Avenue building.
South of Fifth
South of Fifth, or SoFi, is the southern tip of Miami Beach, south of 5th Street, ending at Government Cut. South Pointe Park, with a pier and waterfront paths, sits at the tip. Ocean Drive runs through the neighborhood; its Art Deco hotel frontage begins just north, at Fifth Street. Collins Avenue runs one block inland.
For Ocean Place, the beach is across Ocean Drive and Lummus Park's southern edge. The block is a residential one with the Ocean Drive hotel and restaurant strip a few blocks north. The Miami Beach Marina and Alton Road's grocery and restaurant stretch are a short walk west.
Architecture and unit composition
Arquitectonica designed both buildings, each eight stories. Plans differ by floor: lower floors hold one set of plans and upper floors another, with larger residences higher in the building.
Sizes run from roughly 720 to 1,670 square feet. Residences range from one to three bedrooms, with two-bedroom units the main inventory.
The beach-facing building carries ocean-facing residences. The Collins Avenue building faces the street and the city. Confirm view by line and floor.
Building operations
The two buildings share a heated pool, spa, fitness room and sundeck. Parking is covered and assigned, and security is staffed around the clock.
Standard asks for any Florida condominium purchase: the current budget and recent financial statements, and reserve funding. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. Ask for the inspection schedule and any repair scope in writing. The buildings are in flood zone AE. Ask about the flood insurance carrier, master policy deductible, windows and balcony railings, and any storm-related assessments. The two buildings are one condominium with one budget; ask for the budget split between them.
Policy framework
Pet, rental and minimum-lease rules are set by the association; confirm at offer stage. Short-term rental rules vary by zoning district; confirm current city rules.
Sales context
One recorded sale, January 2026, at $1,365,000. It is one sale, not a building price. Pricing varies by building, view, floor and size, and the building average will mislead.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
What to know if you're buying at Ocean Place
Confirm the building. Collins Avenue and Ocean Drive units share a condominium but not a view. Pull comparables from the same building and floor range.
Read the rental rules. If short-term use is part of your plan, confirm it in the declaration and in current city rules before you offer.
Ask about the shared amenities. Request the budget split, any cross-building agreements and pending assessments.
What to know if you're selling at Ocean Place
Price by building and view. Compare beach-facing and Collins Avenue residences separately.
Have the documents ready. Budget, financials, SIRS, insurance and milestone status shorten diligence.
Comparable buildings
- Absolut — a 2004 condominium of about 20 residences at 245 Michigan Avenue in South of Fifth.
- Beach Colony — a 1995 low-rise condominium of about 16 residences at 208 Jefferson Avenue in South of Fifth.
- Murano at Portofino — a larger South Pointe tower with a full amenity deck.
The neighborhood
For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to South of Fifth.
Run the numbers
- Miami buyer closing cost calculator — documentary stamps on the mortgage, intangible tax, title insurance and the condo estoppel.
- Miami seller closing cost calculator — the deed documentary stamp tax, title, closing and association transfer fees.
Related guides
- Post-Surfside Miami condo diligence — milestone inspections, structural integrity reserve studies and special assessments.
- Florida Save Our Homes, explained — the assessment cap, the homestead exemption and portability.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Jan 2003. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Jan 2026 | 3C | 1,037 sf | $1,365,000 | ✓ |
| Nov 2025 | 7F/7G | 2,786 sf | $5,250,000 | ✓ |
| Apr 2025 | 4C | 1,037 sf | $1,355,000 | ✓ |
| Mar 2025 | 3J | 724 sf | $697,500 | ✓ |
| Feb 2025 | 4A | 1,226 sf | $1,412,500 | ✓ |
| Sep 2024 | 5L | 942 sf | $885,500 | ✓ |
| Mar 2024 | 8I | 1,091 sf | $1,785,000 | ✓ |
| Sep 2023 | 7F/7G | 2,786 sf | $4,200,000 | ✓ |
| Aug 2022 | 8G | 1,219 sf | $1,725,000 | ✓ |
| Jul 2022 | 5J | 723 sf | $640,000 | ✓ |
| May 2022 | 7L | 942 sf | $750,000 | ✓ |
| Mar 2022 | 3K | 757 sf | $630,000 | ✓ |
| Dec 2021 | 5L | 942 sf | $650,000 | ✓ |
| Dec 2021 | 6J | 723 sf | $700,000 | ✓ |
| Dec 2021 | 4C | 1,037 sf | $1,100,000 | ✓ |
| Dec 2021 | 6L | 942 sf | $630,000 | ✓ |
| Nov 2021 | 4A | 1,226 sf | $1,200,000 | ✓ |
| Jul 2021 | 3J | 724 sf | $530,000 | ✓ |
| Jun 2021 | 3E | 1,245 sf | $1,100,000 | ✓ |
| Mar 2021 | 5A | 1,226 sf | $1,150,000 | ✓ |
| Feb 2021 | 3I | 959 sf | $525,000 | ✓ |
| Jan 2021 | 8F | 1,567 sf | $1,900,000 | ✓ |
| Mar 2020 | 2C | 1,037 sf | $895,000 | ✓ |
| Feb 2020 | 2E | 1,245 sf | $1,150,000 | ✓ |
| Mar 2019 | 3B | 1,362 sf | $850,000 | ✓ |
| Mar 2019 | 3K | 757 sf | $429,000 | ✓ |
| Jul 2018 | 6K | 732 sf | $430,000 | ✓ |
| Jun 2018 | 8K/8L | 1,674 sf | $1,300,000 | ✓ |
| Dec 2017 | 7H | 1,268 sf | $2,000,000 | |
| May 2017 | 4E | 1,245 sf | $1,625,000 | ✓ |
| Aug 2016 | 8I | 1,091 sf | $1,410,000 | ✓ |
| May 2016 | 5E | 1,245 sf | $1,300,000 | ✓ |
| Nov 2015 | 2E | 1,245 sf | $1,475,000 | ✓ |
| Oct 2015 | 4K | 732 sf | $480,000 | ✓ |
| Jul 2015 | 4D | 1,000 sf | $850,000 | ✓ |
| Jul 2015 | 3I | 959 sf | $575,000 | ✓ |
| Jun 2015 | 7L | 942 sf | $700,000 | ✓ |
| May 2015 | 3K | 757 sf | $472,500 | ✓ |
| May 2015 | 3K | 757 sf | $167,000 | |
| Mar 2015 | 5A | 1,226 sf | $1,200,000 | ✓ |
| Feb 2015 | 8I | 1,091 sf | $1,200,000 | ✓ |
| Apr 2014 | 7F/7G | 2,786 sf | $2,250,000 | ✓ |
| Mar 2014 | 3J | 724 sf | $395,000 | ✓ |
| Mar 2014 | 5D | 1,000 sf | $820,000 | ✓ |
| Jan 2014 | 8K/8L | 1,674 sf | $1,300,000 | ✓ |
| Sep 2013 | 4J | 723 sf | $350,000 | |
| Sep 2013 | 2E | 1,245 sf | $1,100,000 | ✓ |
| Aug 2013 | 5L | 942 sf | $507,500 | ✓ |
| May 2013 | 3J | 724 sf | $337,000 | |
| May 2013 | 3D | 1,000 sf | $560,000 | |
| Mar 2013 | 3J | 724 sf | $57,900 | |
| Feb 2013 | 6J | 723 sf | $440,000 | ✓ |
| Nov 2012 | 3E | 1,245 sf | $823,000 | ✓ |
| Aug 2012 | 3K | 757 sf | $87,500 | |
| May 2012 | 8K/8L | 1,674 sf | $902,500 | ✓ |
| Nov 2011 | 4I | 1,091 sf | $510,000 | ✓ |
| Sep 2011 | 4J | 723 sf | $251,800 | |
| Jul 2011 | 6L | 942 sf | $470,000 | ✓ |
| May 2011 | 5K | 732 sf | $345,000 | ✓ |
| Mar 2011 | 3B | 1,362 sf | $642,000 | ✓ |
| Mar 2011 | 7I | 1,091 sf | $600,000 | ✓ |
| Mar 2011 | 5I | 1,091 sf | $425,000 | |
| Feb 2011 | 3K | 757 sf | $295,000 | ✓ |
| Feb 2011 | 3I | 959 sf | $30,100 | |
| Dec 2010 | 5J | 723 sf | $356,000 | ✓ |
| Oct 2010 | 5I | 1,091 sf | $405,100 | |
| Sep 2010 | 3J | 724 sf | $14,800 | |
| Aug 2010 | 8G | 1,219 sf | $950,000 | ✓ |
| Mar 2010 | 6K | 732 sf | $370,000 | ✓ |
| Feb 2010 | 7J | 723 sf | $350,000 | ✓ |
| Dec 2009 | 5B/5C | 2,399 sf | $850,000 | |
| Dec 2009 | 4K | 732 sf | $341,750 | ✓ |
| Nov 2009 | 2E | 1,245 sf | $799,000 | ✓ |
| Nov 2009 | 6L | 942 sf | $409,500 | |
| Sep 2009 | 4D | 1,000 sf | $550,000 | ✓ |
| Aug 2009 | 6L | 942 sf | $581,000 | |
| Jun 2009 | 8F | 1,567 sf | $1,175,000 | ✓ |
| Feb 2009 | 3C | 1,037 sf | $341,000 | |
| Sep 2008 | 3B | 1,362 sf | $825,000 | ✓ |
| Jul 2008 | 5L | 942 sf | $445,000 | ✓ |
| Jun 2008 | 4K | 732 sf | $344,000 | ✓ |
| Mar 2008 | 6I | 1,091 sf | $625,000 | ✓ |
| Jan 2008 | 5D | 1,000 sf | $710,000 | ✓ |
| Feb 2007 | 6J | 723 sf | $495,000 | ✓ |
| Dec 2006 | 4I | 1,091 sf | $710,000 | ✓ |
| Aug 2006 | 8H | 1,268 sf | $1,000,000 | ✓ |
| Aug 2006 | 6F | 1,567 sf | $1,600,000 | ✓ |
| Jul 2006 | 7J | 723 sf | $525,000 | ✓ |
| Jul 2006 | 8I | 1,091 sf | $835,000 | ✓ |
| Mar 2006 | 7L | 942 sf | $675,000 | ✓ |
| Sep 2005 | 6I | 1,091 sf | $720,000 | ✓ |
| Aug 2005 | 5B/5C | 2,399 sf | $1,525,000 | ✓ |
| Aug 2005 | 6L | 942 sf | $640,000 | ✓ |
| Jul 2005 | 6F | 1,567 sf | $1,150,000 | ✓ |
| May 2005 | 4D | 1,000 sf | $715,000 | ✓ |
| May 2005 | 3C | 1,037 sf | $657,000 | ✓ |
| Apr 2005 | 4E | 1,245 sf | $820,000 | ✓ |
| Apr 2005 | 7I | 1,091 sf | $675,000 | ✓ |
| Mar 2005 | 8H | 1,268 sf | $960,000 | ✓ |
| Mar 2005 | 8J | 723 sf | $430,000 | ✓ |
| Feb 2005 | 3J | 724 sf | $390,000 | ✓ |
| Oct 2004 | 4B | 1,362 sf | $699,000 | ✓ |
| Oct 2004 | 5I | 1,091 sf | $549,000 | ✓ |
| Aug 2004 | 3E | 1,245 sf | $652,000 | ✓ |
| Aug 2004 | 3L | 942 sf | $284,900 | ✓ |
| Aug 2004 | 8K/8L | 1,674 sf | $282,400 | ✓ |
| Aug 2004 | 8K/8L | 1,674 sf | $282,400 | ✓ |
| Aug 2004 | 5K | 732 sf | $272,000 | ✓ |
| Aug 2004 | 3K | 757 sf | $229,900 | ✓ |
| Aug 2004 | 4J | 723 sf | $229,900 | ✓ |
| Aug 2004 | 3J | 724 sf | $239,900 | ✓ |
| Aug 2004 | 5I | 1,091 sf | $339,900 | ✓ |
| Aug 2004 | 4I | 1,091 sf | $344,900 | ✓ |
| Jul 2004 | 2D | 1,000 sf | $550,000 | ✓ |
| Jul 2004 | 6L | 942 sf | $290,000 | ✓ |
| Jul 2004 | 5L | 942 sf | $264,900 | ✓ |
| Jul 2004 | 4L | 942 sf | $307,500 | ✓ |
| Jul 2004 | 7K | 732 sf | $285,000 | ✓ |
| Jul 2004 | 6K | 732 sf | $272,500 | ✓ |
| Jul 2004 | 8J | 723 sf | $323,000 | ✓ |
| Jul 2004 | 7J | 723 sf | $288,400 | ✓ |
| Jul 2004 | 6J | 723 sf | $249,900 | ✓ |
| Jul 2004 | 5J | 723 sf | $272,000 | ✓ |
| Jul 2004 | 7I | 1,091 sf | $419,900 | ✓ |
| Jul 2004 | 3I | 959 sf | $340,488 | ✓ |
| Jun 2004 | 3A | 1,226 sf | $515,000 | ✓ |
| Jun 2004 | 4K | 732 sf | $270,000 | ✓ |
| Jun 2004 | 8I | 1,091 sf | $464,900 | ✓ |
| Jun 2004 | 6I | 1,091 sf | $537,500 | ✓ |
| May 2004 | 6F | 1,567 sf | $1,025,000 | ✓ |
| May 2004 | 5D | 1,000 sf | $621,500 | ✓ |
| Mar 2004 | 4A | 1,226 sf | $520,000 | ✓ |
| Feb 2004 | 8H | 1,268 sf | $810,000 | ✓ |
| Feb 2004 | 5A | 1,226 sf | $570,000 | ✓ |
| Dec 2003 | 3D | 1,000 sf | $439,000 | ✓ |
| Oct 2003 | 4C | 1,037 sf | $520,000 | ✓ |
| Oct 2003 | 2C | 1,037 sf | $425,000 | ✓ |
| Jul 2003 | 6G/6H | 2,487 sf | $1,300,000 | ✓ |
| Jul 2003 | 2B | 1,362 sf | $535,000 | ✓ |
| Jun 2003 | 4D | 1,000 sf | $460,000 | ✓ |
| May 2003 | 8F | 1,567 sf | $1,050,000 | ✓ |
| May 2003 | 5E | 1,245 sf | $587,500 | ✓ |
| May 2003 | 7L | 942 sf | $297,000 | ✓ |
| Apr 2003 | 3E | 1,245 sf | $529,900 | ✓ |
| Apr 2003 | 4C | 1,037 sf | $414,000 | ✓ |
| Mar 2003 | 4E | 1,245 sf | $550,000 | ✓ |
| Mar 2003 | 8G | 1,219 sf | $789,900 | ✓ |
| Mar 2003 | 5D | 1,000 sf | $416,700 | ✓ |
| Feb 2003 | 5E | 1,245 sf | $579,900 | ✓ |
| Feb 2003 | 5B/5C | 2,399 sf | $500,000 | ✓ |
| Feb 2003 | 5B/5C | 2,399 sf | $500,000 | ✓ |
| Feb 2003 | 4B | 1,362 sf | $590,400 | ✓ |
| Jan 2003 | 7H | 1,268 sf | $699,900 | ✓ |
| Jan 2003 | 7F/7G | 2,786 sf | $1,609,800 | ✓ |
| Jan 2003 | 2E | 1,245 sf | $519,900 | ✓ |
| Jan 2003 | 3D | 1,000 sf | $399,900 | ✓ |
| Jan 2003 | 2D | 1,000 sf | $417,000 | ✓ |
| Jan 2003 | 3C | 1,037 sf | $429,900 | ✓ |
| Jan 2003 | 3B | 1,362 sf | $584,900 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 37 nominal-consideration paper transfers omitted.
This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.
Considering a move at Ocean Place?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com
Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.
The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.
To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.