+48 more
$12M
Fontainebleau III Ocean Club Unit 512
4391 Collins Ave, Unit 512 • Miami Beach, FL 33140
About This Unit
Iconic and incomparable, the Sorrento Penthouse at Fontainebleau Miami Beach offers the ultimate oceanfront lifestyle with a private rooftop pool, jacuzzi, and 4,400 SF terrace overlooking the beach. Spanning nearly 10,000 SF across two levels, this five-bedroom residence features two primary suites—each with private balconies, spa-style baths, and ocean views. The open living and dining areas connect to a kitchen with Sub-Zero and Miele appliances, wine cooler, and breakfast bar. Enjoy world-class amenities, including award-winning restaurants, oceanfront pools, Lapis spa, fitness center, and LIV nightclub. Option to join hotel rental program or rent privately averaging $5,000+ nightly. Maintenance includes AC, electricity, valet, and daily breakfast in the owners lounge.
Pricing at Fontainebleau III Ocean Club — $2,228/sqft
Fontainebleau III Ocean Club Unit 512 is listed at $2,228/sqft.
Insider Negotiation Strategy: 5BR units at Fontainebleau III Ocean Club typically close at 98.0% of asking. At that ratio, this unit could plausibly trade around $11,760,000.
Based on live MIAMIRE active & closed listings at Fontainebleau III Ocean Club.
Time on Market — 151 days
Fontainebleau III Ocean Club Unit 512 has been on the market for 151 days.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$65,164
HOA
$8,570
Property Tax
$6,191
Total / mo
$79,924
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 0.62%.
HOA $1.59/sqft · All-in $14.84/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Fontainebleau III Ocean Club.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 5BR Comps at Fontainebleau III Ocean Club
UnitListSqft$/sqftDOM
#—
—
5,386
$2228
151
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 Feb 2008 for $5,600,000 — held 18 years. They’re now asking $12,000,000 — +114.3% (+$6,400,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Feb 2008 | $5,600,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. This unit owns 1.61647249% of the building’s common elements. County living area: 5,386 sqft.
Building: Fontainebleau III Ocean Club
Unit: 512
Year Built: 2008
Stories: 19
City: Miami Beach
Postal Code: 33140
HOA Fee: $8,570 / Monthly
View: Ocean View, Direct Ocean, Pool Area View
Waterfront: Yes
Private Pool: Yes
Heating: Central
Cooling: Central Air
Days on Market: 151
Listed: November 3, 2025
MLS #: A11901641
Location
Listing courtesy of: Compass Florida, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11901641
• Updated Apr 3, 2026
