The Real Deal Miami

Ocean House condominium unit in South Beach sells for $6 million

September 13, 2012 11:15AM

Ocean House

A unit at the new Ocean House condominium in South Beach was recently sold for $5.86 million. The buyer, an undisclosed resident of the Northeast, paid for a 3,728-square-foot unit with furnishings by Steven G. The seller was iStar residential, which debuted the project in 2012. Ocean House is located at 125 Ocean Drive in Miami Beach’s South of Fifth neighborhood. It is a combination of restored historic and new structures. Cervera Real Estate is the exclusive broker for the project. — Alexander Britell