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524 Ocean Drive, Miami Beach, FL 33139
Active
9 Days on Market
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$25,000,000

524 Ocean Drive

Miami Beach, FL 33139

FRIEDMAN & COPES SUB

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

How this price compares

List price
$25,000,000
Price per sq ft
$1,102
Original price
Unchanged
Days on market
9

This 25-bedroom single-family home in ZIP 33139 is listed at $25,000,000, or $1,102 per square foot. It has been on the market for 9 days.

25
Bedrooms
27
Bathrooms
22,686
Living Sq Ft
1993
Year Built

Estimated monthly payment

$131,386 /mo

Principal and interest only, based on $5,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$25,000,000
Days on Site
9 Days
Bedrooms
25
Total Baths
27
Full Baths
25
Partial Baths
2
Living Area
22,686 sqft
Total Sq Ft
22,686 sqft
Lot Size
0.14 Acres
Year Built
1993
Property Type
Single Family
MLS #
A12108847
Property Tax
$120,421 (2025)
Subdivision
FRIEDMAN & COPES SUB
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

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.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1993
Property Condition
Resale
Number of Stories
3
Levels
Three Or More
Garage Spaces
0
Parking
On Street
Direction Faces
East
Lot Size (Acres)
0.14
Living Sq Ft
22,686
Total Sq Ft
22,686
Sewer
Public Sewer
Water Source
Public
Zoning
6503

Interior Features

Appliances
Dishwasher / Refrigerator
Cooling
Central Air
Heating
Central
Flooring
Marble / Other
Interior Features
Bathtub / Entrance Foyer / Elevator / Kitchen Dining Combo / Living Dining Room / Other / Soaking Tub / Separate Shower / Upper Level Primary / Bar
Windows
Blinds
Total Rooms
1
Furnished
Furnished

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Concrete
Exterior Features
Balcony / Outdoor Living Area
Private Pool
Yes
Pool Features
Other
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Ocean Access / Other
Frontage
Waterfront
Frontage Length
51.00 ft
View
Ocean

Community & HOA

HOA Includes
Internet
Security
Fire Sprinkler System / Smoke Detectors
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease
MLS Area
2420

Schools

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach

Browse Miami Beach homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
2,151
Median List Price
$650,000
Median $/Sq Ft
$697
Avg Days on Market
174
View all 2,151 homes for sale in Miami Beach →
How do I schedule a tour of 524 Ocean Drive, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 524 Ocean Drive, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 524 Ocean Drive, Miami Beach, FL 33139 still available?
524 Ocean Drive, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 9 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 524 Ocean Drive, Miami Beach, FL 33139?
With 20% down ($5,000,000) on the $25,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 524 Ocean Drive, Miami Beach, FL 33139 is about $131,386/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 524 Ocean Drive, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 524 Ocean Drive, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 524 Ocean Drive, Miami Beach, FL 33139?
524 Ocean Drive, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 524 Ocean Drive, Miami Beach, FL 33139?
Often, yes. The right offer on 524 Ocean Drive, Miami Beach, FL 33139 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of One Sotheby's International Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

$25,000,000

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Listed by Susan M Gale, One Sotheby's International Realty

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