Building facts
- Address
- 17315 Collins Avenue
- Neighborhood
- Sunny Isles Beach
- Year built
- 2007
- Floors
- 23
- Residences
- 147
- Status
- Completed
- Architect
- Kobi Karp
- Pricing
- Starting at $385,000
Key Takeaways
- The most liquid building I have measured — one home in 12 changes hands each year — 51 qualified sales across four years on 147 homes. The next most liquid building in my Miami Condo Index turns over one in 16.
- 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.
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, and it makes Solé the most liquid building in my Miami Condo Index — the next most active turns over one home in 16, and most of the buildings I have measured sit between one in 20 and one in 40.
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 unusual advantage. With 51 recent sales across four near-identical floorplans, there is more genuinely comparable evidence at this address than almost anywhere else in Sunny Isles Beach. You can establish what a home here is worth to within a narrow range, and you can do it from public record rather than from anyone’s opinion. Very few buyers ever get that.
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 date | 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, roughly seven times anything the building has actually achieved. It is 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 puts this among the more accessible buildings on this stretch of Collins Avenue, and the depth of the sale record means 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.
Verified 18 August 2026 against the Miami-Dade County Property Appraiser record for 17315 Collins Ave — all 166 folios retrieved individually, grouped by subdivision and filtered to residential homes, excluding 18 hotel folios the county classifies as commercial condominium and one commercial vacant-land folio, along with parking, cabana and storage. Sale figures are qualified, arm’s-length transactions only. A May 2021 transaction of $4,895,000 recorded against twenty separate parcels — one home, eighteen hotel units and a land folio — is excluded as a portfolio transfer; the county records it against each parcel at the full price. 2026 is an incomplete year. Building age, storey count, architect and amenity detail are omitted: no primary source has been confirmed for them, and condo-hotel rental and lending arrangements are not recorded on the tax roll. Re-check when the next tax roll publishes.
Solé on the Ocean — Frequently Asked Questions
How much does a home at Solé on the Ocean sell for?
The 2026 median so far 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?
More often than anywhere else I have measured: 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.
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.
Is Solé on the Ocean a good investment?
That depends entirely on your purpose, and the record supports a careful answer rather than an enthusiastic one: prices per square foot are down 7.9% over four years, turnover is the highest I have measured, and the condo-hotel structure carries lending and rental considerations that a conventional condominium does not. What the building does offer is exceptional price transparency — with four dominant floorplans and 51 recent sales, you can establish value here more precisely than almost anywhere in Sunny Isles Beach.
Sources and further reading
Interested in selling at Solé on the Ocean?
Learn more about selling your condo at Solé on the Ocean in Sunny Isles Beach with Josh Stein.
Related coverage
Part of Miami Luxury Condos.