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+20

1250 Ocean Dr PH1

Miami Beach, FL, 33139

Active

$5,999,000

1250 Ocean Dr PH1

Miami Beach, FL, 33139

Active

$5,999,000

4

Bedrooms

4

Bathrooms

2,789 sqft

Living Area

1941

Year Built

Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$1,199,800 down

%
Principal & Interest$31,128/mo
Property Tax (est. ~1.2%, varies by county)$5,999/mo
Home Insurance (est.)$250/mo
HOA Fees$5,477/mo
Total Monthly Payment$42,854
Loan Amount: $4,799,200Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

Comparable Sales

$5,999,000Tour the dockSchedule a Showing

$5,477

HOA / Monthly

171

Days on Market

Dock & Water AccessMLS

Ocean Front

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

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.

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Location

Miami Beach, FL, 33139

No price history available for this property.

Listing courtesy of The Keyes Company - Miramar

Last updated: 6/18/2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 8ft

Special Flood Hazard Area

View FEMA Flood Map →
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Nearby Schools

Assigned Public Schools

E

Miami Beach Fienberg/Fisher K-8 Center

Grades PK-8 · Miami Beach

M

Nautilus MS

Grades 6-8 · Miami Beach

H

Miami Beach Senior High

Grades 9-12 · Miami Beach

Nearby Private Schools

Lubavitch Educational Center - Yeshiva Gedolah0.7 mi
BaseCamp 305 Jr0.8 mi
Lincoln-Marti Community Agency 410.8 mi
South Pointe Elementary School0.9 mi
Rabbi Alexander S. Gross Hebrew Academy1.2 mi

School data from Miami-Dade County Open Data Hub. Verify attendance zones with the school district.