+42 more
$3M
Fontainebleau III Ocean Club Unit 1706/1707
4391 Collins Ave, Unit 1706/1707 • Miami Beach, FL 33140
About This Unit
Discover luxury living in this rarely available combined dual-folio residence at the iconic Fontainebleau (Sorrento Tower) in Miami Beach. The residence offers two spacious master suites, two full baths and a half bath across 1,502 SF of refined living space; this residence comes fully furnished and move-in ready with uninterrupted ocean, intracoastal, resort pool views from expansive wraparound balconies. Enjoy 5-star amenities: award-winning spa, fitness center, world-class dining, multiple pools, beach services, concierge and more-all at your doorstep. Eligible for hotel rental program- ideal for luxury living+ income potential at Miami Beach's most iconic resort.
Pricing at Fontainebleau III Ocean Club — $1,991/sqft
At $1,991/sqft, Fontainebleau III Ocean Club Unit 1706/1707 is priced near the building's median — solidly mid-market for this floor plan.
Fontainebleau III Ocean Club Unit 1706/1707 vs Active Listings at Fontainebleau III Ocean Club: This condo is -0.0% higher (+$0/more 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 40% 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 $2,930,200.
Based on live MIAMIRE active & closed listings at Fontainebleau III Ocean Club.
Time on Market — 108 days
Fontainebleau III Ocean Club Unit 1706/1707 is above the typical days on market for this building. The seller may be flexible on price.
This unit's 108 days on the market is 0 days longer than the active 2BR median of 108 days (+0.0%).
Inventory position: 67th percentile for 2BRs currently active at this building.
Price History
Originally listed at $3,150,000. Reduced to $2,990,000 on Nov 7, 2025 (after 78 days on market) — -5.1% (−$160,000).
Estimated Monthly Cost
Mortgage (P&I)
$16,237
HOA
$2,600
Property Tax
$1,546
Total / mo
$20,383
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 0.62%.
HOA $1.73/sqft · All-in $13.57/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Fontainebleau III Ocean Club.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 2BR Comps at Fontainebleau III Ocean Club
UnitListSqft$/sqftDOM
#1706/1707
$2,990,000
1,502
$1991
108
#913/914
$3,059,000
1,461
$2094
374
#509/510
$4,199,000
1,292
$3250
70
#506/507
$2,649,000
1,502
$1764
24
#1501/1502
$2,225,000
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 oceanfront condominium at 4391 Collins Avenue in Mid-Beach, completed 2008 as part of the Fontainebleau Resort redevelopment. The campus consists of Fontainebleau II Tresor, III Ocean Club, IV Sorrento, plus the 1954 original Morris Lapidus hotel tower.
- Developer/operator: Fontainebleau Development (Jeffrey Soffer). Architecture: Nichols Brosch Wurst Wolfe. III Ocean Club is the residences-only tower in the campus.
- Building type: residential-only condominium with full Fontainebleau Resort access. Not a condo-hotel — Ocean Club units do NOT enter a managed rental program (Tresor is the condo-hotel building if buyers want that).
- Lobby: separate Ocean Club lobby; covered connecting walkway to the resort hotel and amenities.
- Amenity stack: full Fontainebleau Resort access — one of the largest pool decks in Miami Beach, multiple pools and cabanas, butler beach service, 40,000 sqft Spa Lapis, fitness, kids club, nightlife.
- Restaurants on campus: Hakkasan (Cantonese), StripSteak by Michael Mina, Pizza Bar, Scarpetta (by Scott Conant), plus the resort cafes. LIV nightclub is on-site (loudest nightlife address on the beach — a factor for low-floor unit selection).
- Lines/views: 01 and 02 lines face direct ocean. 03 and 04 lines face inward over the resort pool deck. Lower floors are closer to beach access; higher floors get cleaner ocean line.
- At 17 years old (2008), Florida's 25-year structural recertification trigger comes up in 2033 — review reserves and inspection history before offering. Each tower in the campus has its own HOA.
- Rental rules at Ocean Club: minimum 30-day lease per association. NO condo-hotel rental program here. If a buyer wants short-term/managed rental, point them to Tresor instead.
- Compared to The Setai (further south at 20th Street): Setai is denser, more design-forward boutique-hotel-residence. Fontainebleau III is resort-scale lifestyle. Compared to Tresor (II) on the same campus: Tresor is condo-hotel; Ocean Club is residential. Text Ricky at (305) 33-RICKY — that's (305) 337-4259.
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 Mar 2008 for $1,075,000 — held 18 years. They’re now asking $2,990,000 — +178.1% (+$1,915,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Jul 2021 | $1,650,000 | Transfer where the sale price is verified to be part of a package or bulk sale. |
| Mar 2008 | $1,075,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. This unit owns 0.28756883% of the building’s common elements. County living area: 958 sqft.
Building: Fontainebleau III Ocean Club
Unit: 1706/1707
Year Built: 2008
Stories: 19
City: Miami Beach
Postal Code: 33140
HOA Fee: $2,600 / Monthly
View: Intracoastal View, Ocean View, Other View, Pool Area View, Water View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 108
Listed: August 22, 2025
MLS #: A11859478
Location
Listing courtesy of: Compass Florida, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11859478
• Updated Dec 8, 2025
