Home » Properties » 120 Ocean Dr # 700, Miami Beach FL 33139

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120 Ocean Dr #700 Miami Beach Condo with Panoramic Views

Exclusive 2-bed, 2.5-bath Miami Beach condo in South of Fifth with private elevator, wraparound terraces, and beach access.

$4,700,000

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MLS #A11906475

Listing Updated: 2026-07-29 00:21:29

Listed By: One Sotheby's International Realty

Overview

Located in the prestigious South of Fifth neighborhood, this exceptional condominium at 120 Ocean Dr #700 offers a unique blend of luxury and privacy. Designed by René González, the boutique tower features only ten residences, each occupying an entire floor. This residence includes two bedrooms, two and a half bathrooms, and expansive 1938 sqft of interior living space complemented by a larger 2039 sqft wraparound terrace. Floor-to-ceiling glass walls and 10-foot ceilings fill the home with natural light and provide uninterrupted 360-degree views of the ocean, park, and city. Residents benefit from exclusive amenities such as a private beach club, resort-style pool, and a state-of-the-art fitness center, enhancing the serene coastal lifestyle.

Property Highlights

South of Fifth location, private elevator, 2 bedrooms, 2.5 bathrooms, 1938 sqft interior, 2039 sqft terrace, 10-foot ceilings, impact glass, private beach club, resort pool, fitness center, valet parking.

Property Details

City: Miami Beach

State: FL

Zip Code: 33139

Address: 120 Ocean Dr # 700, Miami Beach FL 33139

Year Built: 2015

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: One Sotheby's International Realty

County: Miami-Dade County

Garage Spaces: 2

Parking Features: Assigned, Valet

Interior Features: Bar, Built-in Features, Closet Cabinetry, Cooking Island, Fire Sprinklers, Entrance Foyer, Split Bedroom

Exterior Features: East Of Us1, Open Balcony

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $70,924

Days On Market: 217 Days

Original Listing Description

Special features are: 1) the most desirable neighborhood: SOUTH OF FIFTH, 2)Across from the beach where a beach attendant is ready to welcome you and serve you! 3) 10ft ceilings, 4) all impact glass, 5) private elevator takes you directly into your home, 6) wrap around outdoor terraces larger than interior, 2,039 SF for those who enjoy outdoor living, 7)the most exclusive boutique condo with only 10 residences...become one of the lucky 10!Suspended between sea and sky in prestigious South of Fifth neighborhood, GLASS, is a rare architectural gem by visionary René González. With only ten bespoke residences—one per floor his boutique tower redefines South of Fifth living through minimalist design and panoramic beauty. This full-floor residence features 2 bedrooms, 2.5 baths, and an expansive 2,039 sf. wraparound terrace—larger than its interior offering uninterrupted 360° views of the ocean, park, and city. Ten-foot ceilings and floor-to-ceiling glass walls fill every room with natural light, creating an atmosphere of effortless sophistication. Residents enjoy world-class amenities including a private beach club, resort-style pool, and state-of-the-art fitness center all within the serenity of South of Fifth

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

120 Ocean Dr # 700, Miami Beach FL 33139

About This Neighborhood

South of Fifth is one of Miami Beach’s most prestigious neighborhoods, known for its quiet streets, luxury residences, and proximity to the beach. This area offers a refined coastal living experience with easy access to parks, waterfront dining, and boutique shopping. Residents enjoy a peaceful environment while being close to the vibrant cultural and entertainment hubs of Miami Beach. The neighborhood’s exclusivity and scenic views make it a sought-after destination for those looking for a serene yet connected lifestyle.

Walkability & Lifestyle

South of Fifth boasts excellent walkability with access to beaches, parks, and a variety of dining and shopping options within a short distance. Residents can enjoy waterfront strolls, local cafes, and boutique shops without needing to drive. The neighborhood’s pedestrian-friendly streets and scenic surroundings encourage an active lifestyle, making daily errands and leisure activities easily accessible on foot.

Things To Do Nearby

Residents of South of Fifth enjoy a range of activities including beach outings, waterfront dining, and cultural events. Nearby parks and marinas offer opportunities for boating, fishing, and outdoor recreation. The area’s vibrant nightlife and art scene provide entertainment options, while golf courses and fitness centers support active living. This neighborhood blends relaxation with engaging lifestyle experiences in Miami Beach.

Nearby Schools

Miami Beach offers access to a variety of educational institutions ranging from public to private schools. Families residing in South of Fifth benefit from convenient transportation options to nearby schools, ensuring accessible education for children of all ages. The neighborhood’s residential character supports a family-friendly environment while maintaining proximity to cultural and recreational facilities that complement a balanced lifestyle.

Why Buyers Like This Area

Buyers appreciate South of Fifth for its exclusivity, privacy, and proximity to the beach. The neighborhood’s boutique condominiums offer spacious layouts and premium finishes, appealing to those seeking a refined living environment. Easy access to amenities, cultural venues, and outdoor spaces enhances daily life. The combination of architectural quality and location makes it a preferred choice for discerning buyers looking for a tranquil yet vibrant coastal community.

Investment Potential

This South of Fifth condominium offers a desirable location with strong appeal for buyers seeking a luxury coastal lifestyle. Its boutique setting with only ten residences provides exclusivity and privacy, attracting discerning residents. The proximity to Miami Beach and direct beach access enhance its desirability. While the market remains competitive, properties in this neighborhood maintain steady interest due to limited inventory and premium amenities. Buyers can expect a residence that combines architectural distinction with lifestyle benefits, appealing to those relocating or seeking a second home in Miami Beach.

Market Trends

The Miami Beach real estate market, particularly in South of Fifth, continues to attract buyers interested in luxury condominiums with unique architectural designs and premium amenities. Inventory in this boutique segment remains limited, contributing to sustained demand. Buyers are drawn to properties offering privacy, expansive outdoor spaces, and proximity to the beach. Market activity reflects steady interest from both local and international buyers seeking lifestyle properties that combine comfort with exclusivity in Miami Beach.

Rental Income Potential

Properties in South of Fifth attract tenants looking for upscale, full-service residences near the beach. The location’s appeal during peak seasons supports rental demand, especially for those seeking short-term stays with access to premium amenities. While rental income can vary, the combination of privacy, luxury features, and beach proximity makes this condominium attractive to potential renters. Investors should consider the seasonal nature of the market and the building’s exclusivity when evaluating rental opportunities.