One Island Place Homes for Sale

One Island Place Condo Ii is a waterfront community in Aventura, Miami-Dade County, Florida. Active listings are priced from $849,000 to $3,700,000. Homes were built between 1991 and 1992. Pure Equity lists homes in One Island Place and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers One Island Place and the Aventura area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 5 One Island Place Aventura homes for sale as of October 2026. The median asking price is $1.26M. Asking prices run from $1,000,000 to $3.0M.

That is 165% above the Aventura median of $475,000. On a per-foot basis, homes here ask about $532 per square foot, compared with $376 across Aventura. So the median price buys roughly 2,350 square feet of living area.

Listings here have averaged 648 days on the market. That is slower than the Aventura average of 172 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in One Island Place date from 1991 to 1992. That puts them between 34 and 35 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

One Island Place includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

One Island Place is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in One Island Place have a median asking rent of $8,700 per month, across 3 active rental listings. For comparison, the Aventura median is $3,200, so rents here run 172% higher.

For investors, those medians imply a gross yield near 8.3% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Aventura rentals or ask us for a rent estimate on a specific One Island Place home.

Here is what the median One Island Place price means in Florida closing terms. At $1.26M, a 20% down payment comes to about $252,000, leaving a loan near $1.01M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,528. Next, the intangible tax of 0.2% adds about $2,016. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $7,560 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent One Island Place listings show assignments to Aventura Waterways K-8 (elementary), Highland Oaks (middle) and Dr. Michael M. Krop (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.