ActiveMLS® A12108847

$25,000,000

524 Ocean Drive, Miami Beach, FL 33139

Beds: 25
Baths: 27
Sqft: 22,686

Est. payment$152,255/mo

Home type: Single Family Residence
Year built: 1993
Lot size: 6,098 sqft
Price / sqft: $1,102
HOA: $0/mo
Community: FRIEDMAN & COPES SUB

Property description

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.

Listing activity

Days on market: 3
Listed: Oct 22, 2026
MLS listing updated: Oct 23, 2026
Feed last checked: 9 minutes ago

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

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 25
Bathrooms: 27
Bathrooms (decimal): 26
Full bathrooms: 25
Half bathrooms: 2

Rooms & features

Rooms: 1
Interior features: Bar, Elevator, Entrance Foyer
Flooring: Marble, Other
Appliances: Dishwasher, Refrigerator
Furnished: Furnished
Window features: Blinds

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: On Street
Attached garage: No

Exterior

Stories: 3
Building area: 22,686 sqft
Entry level: 1
Exterior features: Balcony
Pool: Yes
Pool features: Other
View: Ocean, Direct Ocean
Waterfront: Other, Ocean Access
Waterfront property: Yes

Lot

Lot size: 6,098 sqft
Lot size (acres): 0.14 acres
Zoning: 6503

Construction

Type & style

Home type: Single Family Residence
Year built: 1993
New construction: No

Materials

Construction: CBS, Concrete Block - No Stucco
Roof: Concrete
Property condition: Resale
Levels: Three Or More
Faces: East

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: FRIEDMAN & COPES SUB
MLS area: 2420
Security: Fire Sprinkler System, Smoke Detector(s)
Pets allowed: Yes
55+ community: No

Association

Has association: No
Association fee: $0 monthly
Estimated monthly dues: $0
Amenities: Bar
Services included: Internet

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12108847
Possession: Negotiable
Original list price: $25,000,000
Parcel number: 0242030020050
Annual property tax: $120,421
Tax year: 2025
Tax legal description: FRIEDMAN & COPES SUB PB 4-83 BEG 1.38FTNE OF NE COR LOT 3 W 133.5FT SW50FT E133.49FT NE50 FT TO POB LESS ELY15FT BLK 2 LOT SIZE 51.000 X 118

Additional MLS details

Reported by the listing source

Association Amenities: Bar
Association Fee Frequency: Monthly
Association Fee Includes: Internet
Association: No
Bathrooms Total Decimal: 26
Bathrooms Total Integer: 27
Building Area Total: 22686
Construction Materials: CBS, Concrete Block - No Stucco
County Or Parish: Miami-Dade
Days On Market: 3
Direction Faces: East
Elementary School: Miami Beach South Pointe
High School: Miami Beach
List Price: 25000000
Listing Contract Date: 2026-10-22
Living Area: 22686
Lot Size Acres: 0.14
Lot Size Area: 6018
MLSArea Major: 2420
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-10-22
Photos Count: 13
Postal Code: 33139
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 1
Security Features: Fire Sprinkler System, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-10-22T04:00:00Z
Stories Total: 3
Subdivision Name: FRIEDMAN & COPES SUB
Water Source: Public
Waterfront Features: Other, Ocean Access
Tax Annual Amount: 120421
Bathrooms Full: 25
Pool Private: Yes
Bedrooms Total: 25
Bathrooms Half: 2

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Oct 22, 2026	ListedMIAMI REALTORS® MLS	$25,000,000$1,102/sqft

Public tax history

Year	Property taxes	Assessment
2025	$120,421	—

Payment calculator

Estimated monthly payment$152,255/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $129,720
Property taxes: $10,035
Insurance: $12,500
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

FRIEDMAN & COPES SUB

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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