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1250 Ocean Dr #PH1
Miami Beach, FL 33139
Listing courtesy of The Keyes Company - Miramar (Sylvia Alcerro). Contact: [email protected].
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.
- Principal and interest
- $30,334
- Property tax
- $9,180
- Homeowners insurance
- $3,750
- HOA
- $5,477
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.