Home in 524 Ocean Drive, Miami Beach, FL 33139 for sale with MLS# A12108847

Ocean Drive oceanfront residence with more than 22,000 square feet offering spacious private guest suites and a rooftop swimming pool overlooking Lummus Park and the Atlantic Ocean. Unique opportunity to live on iconic Ocean Drive and benefit from a leased ground floor restaurant with liquor license, and a hotel license. Five-story property with an elevator, 25 bedrooms and 27 bathrooms. Central air, impact windows and doors, and a commercial kitchen.

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Days on the market

524 Ocean Drive, Miami Beach, FL 33139

Price
Price:
$25,000,000.00
Original List Price:
$25,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,102.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
October 22, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
25
Bathrooms Total:
27
Full Bath:
25
Half Bath:
2
Room Type:
Family Room
Master Bedroom Bath:
Master Bdrm - Upstairs, Separate Shower, Separate Tub, Other
Dining Area:
Kitchen Dining, Dining/Living Room
Measures
Living Area:
0.52 Acre
Built-Up Area:
0.52 Acre
Lot Area:
6,018 Sqft
Lot Size Acres:
0.14
Property Features
View from the Property:
Ocean, Direct Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Access, Other
Frontage Length:
51
Private Pool
Swimming Pool Features:
Other
Security:
Smoke Detector(s), Fire Sprinkler System
Furnished:
Furnished
Accessibility:
Accessible Elevator Installed
Appliances:
Dishwasher, Refrigerator
Interior:
Entrance Foyer, Bar, Elevator
Exterior:
Balcony
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
East
Balcony Details:
Balcony - Open
Construction
Year Built:
1993
Roof:
Concrete
Levels:
Three Or More
Entry Level (floor):
1
Construction Materials:
CBS, Concrete Block - No Stucco
Flooring:
Other, Marble
Number of stories:
3
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$120,421.00
Tax Year:
2025
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Pets Allowed?
Amenities Provided by the Homeowner's Association (HOA):
Bar
Subdivision Name:
FRIEDMAN & COPES SUB
Association Fee Includes:
Internet
Senior Community:
No
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
FRIEDMAN & COPES SUB PB 4-83 BEG 1.38FTNE OF NE COR LOT 3 W 133.5FT SW50FT E133.49FT NE50 FT TO POB LESS ELY15FT BLK 2 LOT SIZE 51.000 X 118
Real Estate Folio Number (Parcel Number):
0242030020050
Zoning:
6503
Public Schools Assigned
Elementary School:
Del Prado
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
October 22, 2026
Listing Agreement executed on:
October 22, 2026
Listing Status Last Changed On:
October 22, 2026 4:00 am
Photos updated on:
October 22, 2026 9:02 pm
Last Modified:
October 23, 2026 3:04 am
Additional Information
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Ocean
Street Number:
524
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 30.7''
Longitude:
W81° 52' 4.4''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.