+31 more
$2.2M
Fontainebleau III Ocean Club Unit 1501/1502
4391 Collins Ave, Unit 1501/1502 • Miami Beach, FL 33140
About This Unit
Experience luxury at Fontainebleau III with 2 Jr. Suites featuring breathtaking ocean, bay, and pool views, connected by an interior lock-out door. These turnkey-furnished units offer 2 king beds, 2 sleeper sofas, and accommodations for up to 8 guests. Enjoy world-class amenities on 22 acres of Miami Beach, including award-winning restaurants, LIV nightclub, Lapis spa, a fitness center, and more. Optional hotel rental program provides income when you're away. Maintenance fees covers all utilities, valet, and daily free breakfast in the owner's lounge.
Pricing at Fontainebleau III Ocean Club — $1,990/sqft
At $1,990/sqft, Fontainebleau III Ocean Club Unit 1501/1502 is priced below the building's typical 2BR — worth a closer look.
Fontainebleau III Ocean Club Unit 1501/1502 vs Active Listings at Fontainebleau III Ocean Club: This condo is -0.0% lower ($1/less per sqft) than the building's active 2BR median of $1,991/sqft, based on 5 active 2BRs.
Rank: This unit's $/sqft is higher than 20% of currently-active 2BR units at Fontainebleau III Ocean Club (sample of 5).
Insider Negotiation Strategy: 2BR units at Fontainebleau III Ocean Club typically close at 98.0% of asking. At that ratio, this unit could plausibly trade around $2,180,500.
Based on live MIAMIRE active & closed listings at Fontainebleau III Ocean Club.
Time on Market — 495 days
Fontainebleau III Ocean Club Unit 1501/1502 has been on the market longer than 100% of comparable active 2BRs — strong signal the seller will negotiate.
This unit's 495 days on the market is 387 days longer than the active 2BR median of 108 days (+358.3%).
Inventory position: 100th percentile for 2BRs currently active at this building.
Price History
Originally listed at $2,200,000. Increased to $2,225,000 on Nov 25, 2025 (after 356 days on market) — +1.1% (+$25,000).
Estimated Monthly Cost
Mortgage (P&I)
$12,082
HOA
$1,954
Property Tax
$2,264
Total / mo
$16,300
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.22%.
HOA $1.75/sqft · All-in $14.58/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Fontainebleau III Ocean Club.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 2BR Comps at Fontainebleau III Ocean Club
UnitListSqft$/sqftDOM
#—
—
1,502
$1991
108
#—
—
1,461
$2094
374
#—
—
1,292
$3250
70
#—
—
1,502
$1764
24
#—
—
1,118
$1990
495
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.
Building: Fontainebleau III Ocean Club
Unit: 1501/1502
Year Built: 2008
Stories: 19
City: Miami Beach
Postal Code: 33140
HOA Fee: $1,954 / Monthly
View: Bay, Ocean View, Pool Area View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 495
Listed: December 5, 2024
MLS #: A11668406
Location
Listing courtesy of: Coldwell Banker Realty
· Darrell.Burks@Floridamoves.com
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11668406
• Updated Apr 14, 2026
