$1.1M
Fontainebleau III Ocean Club Unit 1403
4391 Collins Ave, Unit 1403 • Miami Beach, FL 33140
About This Unit
Live the Miami Beach lifestyle in this stylish Jr. Suite at Fontainebleau III – Sorrento Tower. Enjoy beautiful ocean and pool views from your private balcony. The unit comes fully furnished and turnkey with a king bed, sleeper sofa, and kitchenette — perfect for relaxing stays or rental income. As an owner, you’ll have access to everything the Fontainebleau Resort offers: award-winning restaurants, Lapis Spa, LIV nightclub, beach service, and more. Maintenance includes A/C, electricity, valet, and daily breakfast in the owners’ lounge. Use it as your personal retreat or join the hotel rental program for easy income while you’re away.
Pricing at Fontainebleau III Ocean Club — $1,983/sqft
At $1,983/sqft, Fontainebleau III Ocean Club Unit 1403 is priced above the building's typical — premium positioning.
Rank: This unit's $/sqft is higher than 79% of currently-active units at Fontainebleau III Ocean Club (sample of 19).
Insider Negotiation Strategy: units at Fontainebleau III Ocean Club typically close at 98.0% of asking. At that ratio, this unit could plausibly trade around $1,057,420.
Based on live MIAMIRE active & closed listings at Fontainebleau III Ocean Club.
Time on Market — 150 days
Fontainebleau III Ocean Club Unit 1403 is around the building's typical pace.
Inventory position: 57th percentile for s currently active at this building.
Estimated Monthly Cost
Mortgage (P&I)
$5,859
HOA
$919
Property Tax
$1,034
Total / mo
$7,812
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.15%.
HOA $1.69/sqft · All-in $14.36/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Fontainebleau III Ocean Club.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 0BR Comps at Fontainebleau III Ocean Club
UnitListSqft$/sqftDOM
#—
—
538
$1599
30
#—
—
544
$1983
150
#—
—
802
$1475
150
#—
—
620
$1321
61
#—
—
544
$2197
244
Recent Closed 0BR Sales
ClosedUnitSold$/sqftvs List
2025-12-11
#—
$940,500
$1141
—
2025-12-22
#—
$826,000
$1535
—
2026-04-30
#—
$885,000
$1645
—
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
- Fontainebleau III Ocean Club is a 19-story mid-rise at 4391 Collins Ave, Miami Beach, FL 33140, built 2008. Currently 30 active listings on the market, with active asking prices ranging up to $12M.
- Neighborhood: Miami Beach. Miami Beach is three distinct neighborhoods: South Beach (Ocean Drive, Lincoln Road, Art Deco, walking-everywhere), Mid-Beach (Faena, Edition -- quieter money), and North Beach (newer ultra-luxury construction without South Beach baggage). Per-square-foot variance between them is enormous.
- Buyer profile here: Mix of primary residents (especially South Beach south of Fifth and Mid-Beach Faena District), second-home buyers, and condo-hotel investors.
- Built 2008 (18 years old).
- Luxury inventory with the active ceiling around $12M -- top units skew to larger floorplans, higher floors, and more amenities.
- At 19 stories, Fontainebleau III Ocean Club is mid-rise scale -- a typical balance of view exposure and intimate community feel.
- Compared anchor: Compared to Sunny Isles (oceanfront tower wall), Miami Beach has more architectural diversity, more restaurants per block, and the South of Fifth and Faena Districts give some sub-areas resort-grade amenity stacks.
- Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
- Pre-offer diligence: Older South Beach inventory hits Florida's 25-year structural recertification triggers; reserve study and assessment history are critical pre-offer items on pre-2000 buildings.
- Ricky has worked the Miami Beach market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 2008 (18 years old).
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Apr 2024 for $950,000 — held 2 years. They’re now asking $1,079,000 — +13.6% (+$129,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Apr 2024 | $950,000 | arm’s-length |
| May 2014 | $640,000 | arm’s-length |
| Mar 2008 | $585,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. This unit owns 0.16326856% of the building’s common elements. County living area: 544 sqft.
Building: Fontainebleau III Ocean Club
Unit: 1403
Year Built: 2008
Stories: 19
City: Miami Beach
Postal Code: 33140
HOA Fee: $919 / Monthly
View: Ocean View, Pool Area View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 150
Listed: October 17, 2025
MLS #: A11897877
Location
Listing courtesy of: MAK Realty Group
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11897877
• Updated Mar 17, 2026
