A record breaking $15.06 million sale has closed at Ocean House in South Beach’s South of Fifth neighborhood. The all cash transaction was completed virtually with an additional two backup cash offers in place. Chad Carroll with Compass represented the undisclosed buyer. Paola Marulanda & Laura Roxanna Garcia with ONE Sotheby’s International Realty represented the seller. Ocean House is located at 125 Ocean Dr in Miami Beach.
Unit #U-0201 is a 5 bedroom, 5.5 bathroom residence spread over 6,009 square feet. The 2-story property was designed by the world-renowned Steven G. The residence features 30’ of glass that opens just steps from the private beach. Features 2 sunrise terraces, 1 sunset terrace, a movie theatre and a glass-encased wine vault plus a hidden home office.
