One of final SoFi Ocean House sponsor units sells for $7M

Ocean House
Ocean House

One of the last remaining sponsor units at the Ocean House condominium in South Beach has sold for $6.9 million, according to a statement today from One Sotheby’s Linda Gustafson, who represented the buyers.

The 4,100-square-foot home has five bedrooms and 6.5 bathrooms. The identity of the buyers was not released.

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Ocean House, located at 125 Ocean Drive in the South of Fifth neighborhood in Miami Beach, has seen some other big sales as of late. In September, a 3,728-square-foot home traded hands for nearly $5.9 million. The following month, the condominium sold two-thirds of its 18 units since relaunching last May, with an average price of $5.3 million per unit.

A penthouse unit at Ocean House hit the market in November, asking $18.5 million. —Zachary Kussin