# Ocean Three

As of 2026-10-28, Ocean Three in Sunny Isles Beach has 10 units for sale at a median asking price of $1.95M ($845/sqft); 6 units sold in the last 12 months.

Ocean Three is a 40-floor, 215-unit waterfront condominium at 18911 Collins Ave in Sunny Isles Beach, developed by Related Group and completed in 2003.

## Key facts

| | |
|---|---|
| Address | 18911 Collins Ave |
| Neighborhood | Sunny Isles Beach |
| Year built | 2003 |
| Floors | 40 |
| Units | 215 |
| Waterfront | yes |
| Developer | Related Group |
| For sale | 10 |
| Pending | 0 |
| Median asking price | $1,947,500 |
| Median asking $/sqft | $845/sqft |
| Sold, last 12 months | 6 |
| Median sold $/sqft, 12 months | $763/sqft |
| Months of inventory | 20.0 |
| Median HOA | $1,817/mo |
| Parking | The building features a parking garage with assigned spaces and valet parking for additional vehicles. |

## Own Miami measures

- **own.miami Building Score: 59 (B)**
  - Value: 31 — $845/sqft — vs. Sunny Isles Beach condos, then all of Miami
  - Momentum: 23 — -8.5% $/sqft over 6 months
  - Liquidity: 54 — 20.0 months of supply · 1 days on market
  - Health: 98 — 2 verified records: DBPR complaints
  - Waterfront: 90 — Waterfront building
  - Age: 52 — Built 2003 — vs. Sunny Isles Beach buildings
- **Own Miami Condo Index: 114** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 266 of 698 tracked Miami condos)
- **Financeability Index: 64** (good; 12-month window, 6 recorded mortgages, 33% of sales bank-financed, lowest down payment 20%, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2028)

## Building health (verified public records)

- Public records checked 2026-10-30
- positive: Bank financing — Regulated lenders recorded 5 purchase or refinance loans on this building in the last 12 months, financing 33% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 64/100. (2026-10-31)
- watch: DBPR complaints — Florida DBPR Division of Condominiums public complaint record for association licence MA00024125: 1 complaint in the last 36 months (1 open, 0 with discipline, 0 closed with a letter). A complaint is an allegation; only dispositions are findings. Investigations are confidential and not counted. (2026-01-01)
- Legal & regulatory: 0 material cases active, 0 disputes active, 1 DBPR complaints (36 months) (2026-09-21)

## Frequently asked questions

**How much do condos at Ocean Three cost?**

There are 10 condos for sale at Ocean Three, from $1,225,000, with a median asking price of $1,947,500 ($845/sqft).

**How much are the HOA fees at Ocean Three?**

HOA / maintenance fees at Ocean Three run around $1,817 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is Ocean Three a waterfront building?**

Yes — Ocean Three is a waterfront building (Sunny Isles Beach).

**When was Ocean Three built?**

Ocean Three was built in 2003, 40 stories, 215 residences.

**Who developed Ocean Three?**

Ocean Three was developed by Related Group. Related Group's own.miami Developer Score is B+ across 52 buildings.

## Related pages

- [Sunny Isles Beach — neighborhood guide](https://own.miami/sunny-isles-beach)
- [All units for sale at Ocean Three](https://own.miami/buildings/ocean-three/for-sale)
- [Trump Royale](https://own.miami/buildings/trump-royale)
- [La Perla](https://own.miami/buildings/la-perla)
- [Marenas Beach Resort](https://own.miami/buildings/marenas-beach-resort)
- [Trump Tower I](https://own.miami/buildings/trump-tower-i)

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Source: Own.Miami — https://own.miami · data as of 2026-10-28
Canonical page: https://own.miami/buildings/ocean-three
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