Ocean Two Homes for Sale

Ocean Two Condo is a luxury waterfront, luxury community in Sunny Isles Beach, Miami-Dade County, Florida. Properties are priced from $1,600,000 to $2,500,000. Pure Equity lists homes in Ocean Two 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 Ocean Two and the Sunny Isles Beach 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 4 Ocean Two Sunny Isles Beach homes for sale as of October 2026. The median asking price is $1.76M. Asking prices run from $1.6M to $2.45M.

That is 142% above the Sunny Isles Beach median of $727,000. On a per-foot basis, homes here ask about $869 per square foot, compared with $568 across Sunny Isles Beach. So the median price buys roughly 2,000 square feet of living area.

Listings here have averaged 75 days on the market. That is faster than the Sunny Isles Beach average of 198 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Ocean Two date from 2001, so they are about 25 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.

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.

Ocean Two 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.

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

At a median near $1.76M, Ocean Two sits in the luxury tier of Sunny Isles Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Ocean Two have a median asking rent of $10,250 per month, across 7 active rental listings. For comparison, the Sunny Isles Beach median is $5,200, so rents here run 97% higher.

For investors, those medians imply a gross yield near 7.0% 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 Sunny Isles Beach rentals or ask us for a rent estimate on a specific Ocean Two home.

Here is what the median Ocean Two price means in Florida closing terms. At $1.76M, a 20% down payment comes to about $351,000, leaving a loan near $1.41M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $4,920. Next, the intangible tax of 0.2% adds about $2,811. 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 $10,542 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 Ocean Two listings show assignments to Norman S. Edelcup / Sunny Isles Beach K-8 (elementary), Highland Oaks (middle) and Alonzo and Tracy Mourning (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.