1250 Ocean Dr, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active231 days on marketListed Dec 28, 2025MLS #A11947071
About this home
1250 Ocean Dr, Miami Beach FL 33139
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.
Facts & features
The home at a glance
4
Bedrooms
4
Bathrooms
2,789
Sqft
1941
Year built
$2,151
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$42,828 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$42,828/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami Beach actives
$2,151 vs $728
Days on market
231 vs 91 typical
Where $2,151/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Flamingo Lummus
Get to know Miami Beach. See the full Miami Beach guide →
Flamingo Lummus — neighborhood snapshot
Population
23,083
Median age
41
Median income
$70,404
Median home value
$377,608
Avg household
2
Households w/ children
1,591
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 8470% above the MIAMI BEACH 33139 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 1250 Ocean Dr
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$795,000
1250 Ocean Dr # 2K, Miami Beach FL 33139 · same community
2 bd · 2 ba · 1,025 sqft · $776/sqft · 37 DOM
Sold · Jun ’26$752,500
1250 Ocean Dr # 3F, Miami Beach FL 33139 · same community
1 bd · 1.5 ba · 894 sqft · $842/sqft · 50 DOM
Sold · Mar ’26$630,000
1250 Ocean Dr # 4D, Miami Beach FL 33139 · same community
1 bd · 1 ba · 717 sqft · $879/sqft · 54 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1250 Ocean Dr — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1250 Ocean Dr — before you fall in love.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1250 Ocean Dr FAQs
What would the monthly payment be for 1250 Ocean Dr, Miami Beach FL 33139?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $42,828/mo — principal and interest, the actual property-tax bill, the $5,477/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1250 Ocean Dr, Miami Beach FL 33139?+
The association fee works out to $5,477 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1250 Ocean Dr, Miami Beach FL 33139?+
The most recent tax bill on record (2025) was $30,849. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1250 Ocean Dr, Miami Beach FL 33139?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami Beach?+
At $5,999,000, this home is listed about 823% above the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1250 Ocean Dr, Miami Beach FL 33139?+
Miami Beach South Pointe Elementary School (elementary), Miami Beach Senior High School (high), Miami Beach Nautilus Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$5,999,000 runs 8470% above the MIAMI BEACH 33139 median — but at 2,789 sqft it's also nearly 3 times the size of the typical Miami Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $5,477/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
231 days on market against a Miami Beach median of 91 — sellers in this position are usually ready to negotiate.
05Strong assigned schools
Miami Beach South Pointe Elementary School, Miami Beach Senior High School, Miami Beach Nautilus Middle School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — Miami Beach South Pointe Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of The Keyes Company - Miramar · Sylvia Alcerro. MLS #A11947071.
IDX information is provided exclusively 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 accurate by Miami Association of REALTORS®.
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