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Active - Condominium for sale

1250 Ocean Dr, Miami Beach FL 33139

4 bds|4 bth|2,789 sqft

Facts & features

Condominium Property type
321 days on Beycome
1941 Year built
$2,151 Price/Sqft.
$5,477/mo HOA

Why you’ll love it

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.

Translating description...

Listings courtesy of The Keyes Company - Miramar.

Listed by: Sylvia Alcerro • 305-987-0215 • The Keyes Company - Miramar

Co-listed by: The Keyes Company - Miramar

Source: Miami MLS, MLS#: A11947071 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

Come see by yourself

Affordability

$3,900,000$8,100,000
1%20%
0%90%
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Estimated monthly payment

$38,382/mo

  • Mortgage$30,334
  • Property tax$2,571
  • HOA fee
  • Homeowners insurance
Due at closing$4,769,205
Down payment held in escrow$1,199,800
Closing costs$89,985
beycome credit Est.$119,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$119,980 Credit back

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Discover the neighborhood

Travel times

About The Carlyle Deco Hotel Co

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$5,999,000 Listed price

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$119,980 Credit back

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