Own South Beach · South of Fifth

321 Ocean Dr

321 Ocean Dr · Built 2015 · 8 floors · 21 residences

Recently sold (4)
For sale
0
0 pending
Sold, 12 months
3
4 recorded sales
Last sale
$8.7M
Sep 17, 2026
Last sale, per sqft
$3,439/sqft
$3,172/sqft sold, 12 mo
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No units for sale right now

3 sold in the last 12 months. Get an email the moment a unit lists here — and our team will reach out so you can move first.

Off-market and pocket listings never hit the portals. Ask us — we know who is thinking of selling.

321 Ocean is a boutique oceanfront building situated in the South of Fifth neighborhood of Miami Beach. The property is positioned directly on the beach, providing residents with direct access to the shoreline.

The building is characterized by its proximity to the ocean and its location in a district known for world-class dining and entertainment. The property offers a sense of privacy and a refined atmosphere in a coastal setting.

Live near more of Miami

What surrounds 321 Ocean Dr: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
69
/ 100
B+
own.miami Score

A data-grounded score for 321 Ocean Dr from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value14
$3,172/sqft — vs. South Beach condos, then all of Miami
Momentum35
-4.1% $/sqft over 6 months
Liquidity94
0.0 months of supply
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age83
Built 2015 — vs. South Beach buildings
own.miami Condo Index
229Premium100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#43 of 698 tracked Miami condos
Top 6% by price per sq ft
#9 of 121 in South Beach
Momentum
↓ Cooling
$3,172/sqft median ask
Liquidity
Hot
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in 321 Ocean Dr; bars are closings per month.

$2015$2709$3403Apr 2024Nov 2024Mar 2025Dec 2025Mar 2026Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
321 Ocean Dr
Year built
2015
Floors
8
Residences
21
Waterfront
Yes
64
B+ · Developer Score

Amenities

  • · Beach access

Building rules

Pet, leasing and parking rules are being verified with the association.

Special assessments & recertification outlook

Clear

Public records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 2015 — its first 25-year structural milestone inspection is due around 2040

Estimated from 321 Ocean Dr’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about 321 Ocean Dr: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

Not enough recorded loans

No bank mortgages recorded here in the last two years. That is not a verdict on the building — many condos trade for cash — only the absence of a signal.

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
6.9 ft
Lowest nearby street
6.3 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 5.3 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

Is 321 Ocean Dr a waterfront building?+

Yes — 321 Ocean Dr is a waterfront building (South Beach).

When was 321 Ocean Dr built?+

321 Ocean Dr was built in 2015, 8 stories, 21 residences.

Who developed 321 Ocean Dr?+

321 Ocean Dr was developed by Aria Development Group. Aria Development Group's own.miami Developer Score is B+ across 4 buildings.

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