Miami Luxury Condos · Sunny Isles Beach · Sole on the Ocean
One home in 12 changes hands each year.
By Josh Stein · Florida license SL3057661 · Updated 30 September 2026
Verified 18 August 2026Miami-Dade County Property Appraiser1 source
Sole on the Ocean — photography to follow
On recorded 2026 sales this building runs $536 per square foot — cheaper than 98 of the 117 buildings on the Miami Condo Index. Figures are closed sales from the Miami-Dade County Property Appraiser, not asking prices. Hover or tap a colour to see the split.
Key Takeaways
- Sole on the Ocean recorded 14 sales in the 12 months to 23 September 2026 — at a median of $512,500, or $543 per square foot, on the Miami-Dade County Property Appraiser record. The latest recorded sale was on 25 June 2026. Own at Sole on the Ocean? Ask Josh what yours would sell for on WhatsApp.
- One home in 12 changes hands each year: 51 qualified sales across four years on 147 homes.
- In 2023 alone, 19.0% of the building sold — 28 qualified sales, spread across all twelve months — steady churn rather than one bulk event.
- 147 homes, plus 18 hotel units the county records as commercial — this is a condo-hotel, and those 18 folios are excluded from every price figure here.
- Down 7.9% per square foot over four years — median $/sq ft went from $582 in 2023 to $536 so far in 2026, in a tight band of $401 to $877 with no anomalous sale in it.
- 93.9% of the homes sit on four floorplans — 36 each at 1,201, 908 and 644 sq ft, and 30 at 1,007. Almost every sale here is directly comparable to another.
- Ignore the $4,895,000 figure attached to this address — it was a single May 2021 transaction spanning twenty separate parcels — one home, eighteen hotel units and a land folio. The building’s true record is $990,000. A second package of the same kind, $9,428,700 on 14 May 2026, is excluded the same way.
Sole on the Ocean, by the numbers
Architect: Kobi Karp. Source: the building record on this site.
Home > Miami Luxury Condos > Solé on the Ocean
What is actually in the building
The county returns 166 folios for 17315 Collins Avenue, and they are not all the same kind of property. 147 are homes. Eighteen are hotel units, which the county classifies as commercial condominium rather than residential. One more is a commercial vacant-land folio. Only the 147 appear in any figure on this page.
That split is the first thing to understand here: this is a condo-hotel, and it behaves like one.
The homes run 618 sq ft to 1,201 sq ft, median 908 — small and tightly grouped. The mix is 45 one-bedrooms and 102 two-bedrooms, with no three-bedrooms at all. For 2026 the county assesses them between $257,481 and $724,539, median $348,179.
The floorplans are remarkably standardised: 36 homes at 1,201 sq ft, 36 at 908, 36 at 644 and 30 at 1,007 — 93.9% of the building on four plans. In most towers a per-foot median papers over real differences between homes. Here it does not, because the homes really are near-identical.
Why does this building trade so much?
Across the four years to August 2026 the county records 51 qualified sales against 147 homes. That is one home in 12 per year.
In 2023 the building sold 28 homes — 19.0% of itself in a single year. Those sales were spread across all twelve months, one to five a month, so this was steady churn rather than a single owner unloading a block.
I am not going to tell you why, because the county record shows transactions and not motives. What I can tell you is what that liquidity is worth to you, and it cuts in two directions.
If you are buying, it is an advantage. With 51 recent sales across four near-identical floorplans, there is a deep body of comparable evidence at this address. You can establish what a home here is worth to within a range, and you can do it from public record rather than from anyone’s opinion.
If you are selling, it means you will be one of several homes of your exact floorplan on the market in a given year, and the buyer will know it. Liquidity is not the same as strength.
The price record
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 28 | $590,000 | $582 |
| 2024 | 5 | $600,000 | $596 |
| 2025 | 13 | $490,000 | $567 |
| 2026 to 18 August | 5 | $490,000 | $536 |
The building is down 7.9% per square foot over four years, from $582 to $536. Given twenty-eight sales in the base year, that is a better-evidenced starting point than most buildings can offer, and I would treat the direction as real. The four-year band is $401 to $877 per square foot, median $571, with no anomalous transaction in it — unsurprising in a building where 94% of homes are one of four plans.
The record sale is $990,000, on 1 June 2023, for a 1,201 sq ft home at $824 per square foot. Every one of the building’s five largest sales is that same 1,201 sq ft plan.
One warning, and it matters. If you search this address you may find a figure of $4,895,000 attached to it, dated May 2021. That was not the sale of a home. It was a single transaction spanning twenty separate parcels — one residential home, eighteen of the hotel units and a vacant-land folio — recorded by the county against each parcel at the full portfolio price. Treating it as a comparable would imply a home here sold at over $4,000 per square foot, more than four times the highest per-foot price of the last four years. The county records a second package of the same kind, again across twenty parcels, on 14 May 2026 at $9,428,700; the home in it is 644 sq ft. Both are excluded from every figure on this page.
Who this building suits, and who it does not
It suits a buyer who wants an oceanfront address in Sunny Isles Beach at an entry price, and who values being able to check the number. A median assessed value of $348,179 and a deep sale record mean you are not guessing at value.
It suits badly a buyer who wants a home in the ordinary sense. This is a condo-hotel with 18 hotel units in the same building, no home larger than 1,201 sq ft and no three-bedrooms at all. Lending, association rules and rental arrangements in condo-hotels differ from conventional condominiums — none of that is on the tax roll, and all of it needs checking before you commit.
It also suits badly anyone expecting scarcity to support the price. A building that sells 19% of itself in one year is not a scarce asset, and the four-year record is down.
If you are selling here, your advantage and your problem are the same fact. There will be recent, exactly-comparable sales of your floorplan — which makes pricing straightforward and makes over-pricing pointless, because the buyer’s agent can pull the same records in five minutes. Price to the plan, expect the comparison, and be ready to explain the $4,895,000 figure if it comes up, because it is the one number at this address that could genuinely mislead in your favour and no serious buyer will let it stand.
Solé on the Ocean — Frequently Asked Questions
What have homes at Sole on the Ocean sold for in the last 12 months?
14 sales were recorded on the Miami-Dade County Property Appraiser record in the 12 months to 23 September 2026, at a median of $512,500 ($543 per square foot). The latest recorded sale was on 25 June 2026. These are recorded closings, not asking prices. If you own at Sole on the Ocean and want to know what your home would sell for, message Josh Stein on WhatsApp at (305) 695-8257.
How much does a home at Solé on the Ocean sell for?
The 2026 median to 18 August is $490,000 at $536 per square foot, on five qualified sales. Over four years the building cleared a median $571 per sq ft in a band from $401 to $877. Homes run 618 to 1,201 sq ft.
Have prices at Solé on the Ocean gone down?
Yes — down 7.9% per square foot between 2023 and 2026, from $582 to $536. That reading is unusually well evidenced because the 2023 base rests on twenty-eight qualified sales.
Is Solé on the Ocean a condo-hotel?
Yes. Alongside the 147 homes the county records 18 hotel units at the same address, classified as commercial condominium rather than residential. Condo-hotels differ from conventional condominiums on lending, association rules and rental arrangements, none of which appear on the tax roll — check all three before committing.
How often do homes here change hands?
51 qualified sales in four years against 147 homes, or about one home in 12 per year. In 2023 alone, 28 homes sold — 19.0% of the building — spread evenly across the year.
What is the highest price ever paid at Solé on the Ocean?
$990,000, on 1 June 2023, for a 1,201 sq ft home at $824 per square foot. A larger figure of $4,895,000 appears against this address for May 2021, but that was one transaction covering twenty separate parcels — a home, eighteen hotel units and a land folio — not the sale of a residence. A second package of the same kind, $9,428,700 on 14 May 2026, is also not a home sale.
Which floorplans are most common?
Four cover 93.9% of the building: 36 homes each at 1,201, 908 and 644 sq ft, plus 30 at 1,007 sq ft. The mix is 45 one-bedrooms and 102 two-bedrooms, with no three-bedrooms.
What does the sale record show about Solé on the Ocean’s prices?
Median price per square foot went from $582 in 2023 to $536 in 2026 to 18 August, down 7.9%, on 51 qualified sales; the 2023 base rests on 28. Four floorplans cover 93.9% of the homes, so the per-foot figure compares like with like. The 18 hotel units are excluded from every price figure, and the condo-hotel structure carries lending and rental considerations that a conventional condominium does not.
Sources and further reading
Interested in selling at Solé on the Ocean?
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Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comGet this building’s next recorded sale — before the listing sites catch up
- Every closed sale we can verify from the Miami-Dade record — price, date, and $/sqft when the deed supports it — not an IDX feed.
- Optional alert when a new deed posts in this building (or a short list of comps you choose).
- No spam inventory blasts. One building. One record. You decide what happens next.
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