# Ocean Place

As of 2026-09-10, Ocean Place in South Beach has 0 units for sale at a median asking price of — (—); 3 units sold in the last 12 months.

Ocean Place is a boutique condominium located in the South of Fifth neighborhood of Miami Beach.

## Key facts

| | |
|---|---|
| Address | 226 Ocean Dr |
| Neighborhood | South of Fifth, South Beach |
| Year built | 2003 |
| Floors | 8 |
| Units | 25 |
| Waterfront | yes |
| Developer | 226 Ocean Drive, Ltd. |
| For sale | 0 |
| Pending | 0 |
| Sold, last 12 months | 3 |
| Median sold $/sqft, 12 months | $1,316/sqft |
| Months of inventory | 0.0 |
| Parking | The building offers assigned covered parking. |

## Own Miami measures

- **own.miami Building Score: 68 (B+)**
  - Value: 47 — $1,316/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 1 — -40.8% $/sqft over 6 months
  - Liquidity: 94 — 0.0 months of supply
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 90 — Waterfront building
  - Age: 59 — Built 2003 — vs. South Beach buildings
- **Own Miami Condo Index: 148** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 143 of 698 tracked Miami condos)
- **Financeability Index: 14** (cash; 12-month window, 0 recorded mortgages, 0% of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2028)

## Building health (verified public records)

- Public records checked 2026-10-31: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**Is Ocean Place a waterfront building?**

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

**When was Ocean Place built?**

Ocean Place was built in 2003, 8 stories, 25 residences.

**Who developed Ocean Place?**

Ocean Place was developed by 226 Ocean Drive, Ltd..

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Ocean Place](https://own.miami/buildings/ocean-place/for-sale)
- [Continuum On South Beach](https://own.miami/buildings/continuum-on-south-beach)
- [The Floridian](https://own.miami/buildings/the-floridian)
- [The Waverly at South Beach](https://own.miami/buildings/the-waverly-at-south-beac)
- [The Meridian](https://own.miami/buildings/the-meridian)

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Source: Own.Miami — https://own.miami · data as of 2026-09-10
Canonical page: https://own.miami/buildings/ocean-place
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai