524 Ocean Drive, Miami Beach, FL 33139

$25,000,000 · Active

  • 25 beds
  • 27 baths
  • 22,686 sq ft
  • Single Family Residence
  • Built 1993
  • Lot 6,098.4 sq ft
  • Miami-Dade County
  • MLS# A12108847
  • Friedman & Copes Sub
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About this home

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.

Features

Schools

  • Elementary: Miami Beach South Pointe
  • Middle: Miami Beach Nautilus
  • High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

One Sotheby's International Realty · MLS@onesothebysrealty.com · Listing agent: Susan M Gale

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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 BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 524 Ocean Drive.

Questions About 524 Ocean Drive

How much is 524 Ocean Drive?
524 Ocean Drive is listed at $25,000,000, which is about $1,102 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 524 Ocean Drive?
The listing reports annual property taxes of $120,421 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 524 Ocean Drive built?
524 Ocean Drive was built in 1993 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 524 Ocean Drive been on the market?
524 Ocean Drive has been listed for 9 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 524 Ocean Drive waterfront?
Yes. The listing describes the water as ocean access other. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 524 Ocean Drive?
The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 524 Ocean Drive?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The 7 bedroom home at 1374 S Venetian Way, Miami, FL 33139 is comparable and listed for sale at $26,000,000. Miami Beach neighborhoods include Nautilus and La Gorce. Nearby ZIP codes include 33109 and 33140. This property also neighbors Fisher Island, Miami, and Brickell. Compare it with the Miami Beach housing market report.