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25 photos
+20
Ocean Front
1250 Ocean Dr PH1
Miami Beach, FL, 33139
$5.5M
4
Bedrooms
4
Bathrooms
2,789 sqft
Living Area
1941
Year Built
Dock & Water Access
Dock Amenities
Waterfront Features
Ocean Front
Description
Rare oceanfront penthouse residence on iconic Ocean Drive. PH1 offers 2,789 interior square feet with 4 bedrooms and 4 full bathrooms, featuring expansive living areas filled with natural light and direct Atlantic Ocean views. Elevated penthouse positioning provides privacy and open vistas, ideal for both full-time living and entertaining. Located in a classic Art Deco–inspired oceanfront building in the heart of South Beach, this residence places you steps from the beach, dining, shopping, and cultural attractions while offering a refined retreat above the energy of Ocean Drive. A unique opportunity to own a large-format oceanfront penthouse in one of Miami Beach’s most recognizable locations. Buyer responsible for verifying association rules, fees, assessments, and requirements.
Location
Miami Beach, FL, 33139
Listing courtesy of The Keyes Company - Miramar
Last updated: 3/21/2026
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Dock Score™
30
Based on dock amenities, ocean access, and waterfront features
Dock Score is a DockOnly.com rating. Not provided by or affiliated with the MLS or listing broker.
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$1,100,000 down
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Principal & Interest$28,538/mo
Property Tax (est. 1.2%)$5,500/mo
Home Insurance (est.)$250/mo
HOA Fees$5,477/mo
Total Monthly Payment$39,765
Loan Amount: $4,400,000Rate: 6.75%
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HOA Fee$5,477/Monthly
Days on Market82