OCEAN POINT CONDO in Miami Beach

OCEAN POINT CONDO
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
Median sale $392K
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Live Market Pulse
11/100
Market Heat
Cooler than normal
2020 → 2026 · 85 at the 2022 peak
0 is OCEAN POINT CONDO's coldest market since 2020, 100 its hottest. Today: 11. How it's scored

Photo via miami

Built fromLive miami data8 years of closingsUpdated twice daily
Live · OCEAN POINT CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$392K
Median sold · 12 mo
down 20.3% vs the prior 12 months
-20.3%
1-yr price change
n = 10 and 4 sales in the two windows
$616/sf
Sold $/sqft · 12 mo
peak $747 in 2025
83.2%
Sale vs ask
Tempo
183days
Median DOM · closed
53 days at the 2021 low
10
Sold · last 12 mo
10-yr average: about 9 a year
Ownership and context
60%
Cash buyers · OCEAN POINT CONDO
6 of 10 sales, 12 mo ending July 2026
Track record · 8 years of records
659sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Ocean Point's numbers describe a market that has cooled hard and stayed there. The median sale sits at $392,500, but the price per square foot of $615.99 tells the real story: this is a small-footprint, high-cost-per-square-foot property, and buyers are paying for location and building, not square footage. Meanwhile the median days on market has stretched to just over 180 days, and closings over this window number only 10 — a thin sample that makes any single sale swing the averages.

Pricing here is set by patience more than competition right now. A market heat score of 11 and a year-over-year price move of -20.3% both point to sellers who need to price to the current environment rather than the one that existed a year ago. For a buyer, that means real negotiating room and time to do diligence. For a seller, it means condition, pricing strategy, and presentation matter more than they would in a faster market — overpricing here just adds months to an already long timeline.

OCEAN POINT CONDO Housing Pulse · Momentum Research · as of July 20, 2026

OCEAN POINT CONDO right now

🔴 Off the recent peak. The trailing-12-month median ($392K) is down 20.3% from the prior 12 months ($492K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: Low (10 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

OCEAN POINT CONDO market snapshot (as of July 20, 2026): the median sale price is about $392K ($616 per sq ft over the trailing 12 months of closed sales), and a median 183 days on market for closed sales. The trailing-12-month median is down 20% from the prior 12 months, computed from record-level miami closed sales (10 closings in the current window).

Ocean Point Condo is a Miami-Dade condominium community currently trading at a median price of $392,500 and a median $615.99 per square foot, with a sales pace and price trend that both favor buyers willing to move deliberately.

Best for

  • Buyers with a flexible timeline who can negotiate patiently against a slow-moving market
  • Buyers focused on per-square-foot value in a compact unit rather than square footage alone
  • Buyers comfortable pricing off current, softened comparables rather than last year's figures

Probably not for

  • Buyers who need a transaction to close within a few weeks
  • Buyers expecting near-term price appreciation as part of their plan
  • Buyers who want confirmed on-site amenities, since none are currently identified from MLS listings

Windows contain 1 to 17 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$350K$400K$450K$500K20182020202220242026
Down 20.3% year over year.
Every sale since 2018 · price vs size
$0$500K$1M0k1k2k
79 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$500$600$70020182020202220242026
Up from $501 in 2018 to a $747 peak in 2025; $616 now.
Median days on market · closed sales
5010015020182020202220242026
53 days at the 2021 low; 183 now.
Sale price vs original ask · median
85%90%95%20182020202220242026
83.2% now.
Homes sold per 12-mo window
05101520182020202220242026
1 to 17 a year; 10 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
85 at the 2022 peak, 11 in the troughs, 11 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

12% of homes for sale in ZIP 33139 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).

OCEAN POINT CONDO Market Scorecard

Balanced

OCEAN POINT CONDO is currently a balanced market., and homes go under contract in about 0 days.

$392,500
Median sold
$837
List $/sqft
0
Days on mkt
7/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in OCEAN POINT CONDO

Live MLS inventory for OCEAN POINT CONDO. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending OCEAN POINT CONDO listings as of 2026-08-18, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.

If we were buying in OCEAN POINT CONDO today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in OCEAN POINT CONDO.

Best Buy
Buyers comfortable with a slow-moving market who want room to negotiate on price and timeline.
Biggest Risk
A 183-day median time on market means holding costs and patience are part of the deal on either side.
Sweet Spot
Buyers targeting a well-priced, move-in-ready unit who can wait out a slower closing timeline.
Avoid If
Avoid if you need a fast close or are relying on rapid price appreciation to make the numbers work.

A market correcting in real time

The combination of a -20.3% year-over-year price shift and a median 183 days on market is the clearest signal in this snapshot. Units are taking roughly six months to sell, and the prices they're clearing at are meaningfully below where the market stood a year prior. That's not a one-off — with only 10 closings in this window, each sale carries more weight, but the direction is consistent enough to read as a genuine repricing rather than noise.

The per-square-foot figure of $615.99 against a $392,500 median price implies these are compact units, and it's a reminder that in a building like this, price and value are driven by unit size and condition more than by broad market sentiment. With a market heat score of 11, there is little urgency built into this market right now — inventory is not moving quickly, and that gives buyers leverage on price and terms that hasn't been present in stronger cycles.

The location and the amenities are priced into every listing in OCEAN POINT CONDO. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin — 10 closings, a 183-day median timeline, and a double-digit price decline — the data alone won't tell you whether a specific unit is a fair deal or a falling knife. We track this building's actual contract activity and can help you read a listing against recent comparable closings, not last year's numbers, so an offer or a listing price is grounded in what's really happening now.

OCEAN POINT CONDO in 15 seconds.

Best forBuyers comfortable with a slow-moving market who want room to negotiate on price and timeline.
Biggest advantageA -20.3% year-over-year price shift has already reset expectations, creating real room below prior asking levels.
Biggest riskA 183-day median time on market means holding costs and patience are part of the deal on either side.
Sweet spotBuyers targeting a well-priced, move-in-ready unit who can wait out a slower closing timeline.
Avoid ifAvoid if you need a fast close or are relying on rapid price appreciation to make the numbers work.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed OCEAN POINT CONDO sales matched to your home.

What is your OCEAN POINT CONDO home worth?

Get a no-obligation home value based on real comparable sales in OCEAN POINT CONDO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in OCEAN POINT CONDO on the map →

Real comps, not an automated estimate.

Recent Developments in Ocean Point Condo

Development, infrastructure, retail, and school activity affecting Ocean Point Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Development

    Two-tower Gwen Cherry Residences slated for 170 NE 67th Street

    Redwood Development Co. and Magasi, in partnership with Miami-Dade County, planned Gwen Cherry Residences, a 154-unit development across two towers of 11 and 10 stories at 170 NE 67th Street on a 1.6-acre site. The project includes 233 parking spaces and 7,700 square feet of ground-floor retail, replacing aging public housing from the 1970s that holds 24 units.

    What it may mean for the marketReplaces older low-density public housing with two mid-rise towers, expanding the unit count on the site and adding ground-floor retail and structured parking. The project is about 3 miles north of Ocean Point Condo, elsewhere in Miami-Dade County.

    Source: Florida YIMBY
  2. July 2026
    Development

    Construction permits filed for two-tower Biscayne 18 in Edgewater

    Melo Group filed construction permit applications with the City of Miami for Biscayne 18, a two-tower project with 1,178 residential units at 1825 Biscayne Boulevard in Edgewater. The towers reach about 465 feet across 45 stories, with an estimated construction cost of $321 million and space for office, retail, and a banquet hall.

    What it may mean for the marketMoves a large two-tower residential project toward construction in Edgewater, adding more than a thousand units plus office and retail space along the Biscayne Boulevard corridor. The site is less than a mile southeast of Ocean Point Condo.

    Source: Florida YIMBY
  3. July 2026
    Development

    OKO Lilli condo tower nabs Miami review board approval in Edgewater

    The Miami Urban Development Review Board recommended approval for OKO Group's OKO Lilli, a 53-story tower with 117 units at 717 Northeast 27th Street in Edgewater. Plans include a 350-foot public baywalk, an eight-story garage with 244 spaces, and Aman-curated amenities.

    What it may mean for the marketAdds a high-rise condo tower and a public baywalk to the Edgewater bayfront, expanding the local housing supply and waterfront access along Biscayne Bay. The site is less than a mile northeast of Ocean Point Condo.

    Source: The Real Deal
  4. July 2026
    Development

    619 Brickell by Nobu condo tower wins review board approval

    The Miami Urban Development Review Board recommended approval for 619 Brickell by Nobu, a 75-story tower with 321 units from 13th Floor Investments and Key International at 619 Brickell Avenue. The design by Foster and Partners and Sieger Suarez preserves First Miami Presbyterian Church and adds ground-floor commercial space and a public baywalk.

    What it may mean for the marketAdds a branded ultra-tall condo tower to the Brickell waterfront while preserving an existing church, expanding luxury housing and adding public baywalk and commercial space. The project is about 2 miles south of Ocean Point Condo, elsewhere in Miami-Dade County.

    Source: The Real Deal
  5. July 2026
    Development

    Foundation pour completed for Twenty Sixth and 2nd Wynwood Residences

    Developers PMG and LNDMRK Development completed foundation work and began vertical construction on Twenty Sixth and 2nd, an 8-story building with 233 residences at 2600 NW 2nd Avenue in Wynwood. The project includes about 26,000 square feet of ground-floor retail and over 32,000 square feet of amenities, with completion expected in the second quarter of 2028.

    What it may mean for the marketAdvances a new mid-rise rental building with ground-floor retail in the Wynwood district, adding housing units and street-level commercial space as vertical construction begins. The site is less than a mile northwest of Ocean Point Condo.

    Source: Florida YIMBY
  6. June 2026
    Development

    Grupo T&C plans 62-story 13th Edge tower near Brickell

    Grupo T&C filed a pre-application with Miami-Dade County for 13th Edge, a 62-story, 648,700-square-foot tower at 237 Southwest 13th Street with 400 apartments and 400 hotel rooms. The project, designed by Kobi Karp Architecture, would replace the 36-unit El Vedado condominium built in 1972.

    What it may mean for the marketIntroduces a large mixed-use residential and hotel tower to the area west of Brickell, adding hundreds of apartments and hotel rooms and replacing a small older condominium. The project is about 2 miles south of Ocean Point Condo, elsewhere in Miami-Dade County.

    Source: The Real Deal

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in OCEAN POINT CONDO?
The median sale price in OCEAN POINT CONDO was $392K over the 12 months ending July 20, 2026 (10 closed sales, miami).
How long do homes in OCEAN POINT CONDO take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 183 days on market (10 sales, miami).
Do cash buyers compete in OCEAN POINT CONDO?
Cash buyers took 60% of OCEAN POINT CONDO sales in the 12 months ending July 2026 (6 of 10 closings, miami).
Who is the best real estate agent for OCEAN POINT CONDO?
The best agent for OCEAN POINT CONDO is one who actively works Miami Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for OCEAN POINT CONDO.
How do I find a top Miami Beach real estate agent who knows OCEAN POINT CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows OCEAN POINT CONDO and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for OCEAN POINT CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your OCEAN POINT CONDO purchase or sale - no call center and no pressure.
Buyers with a flexible timeline who can negotiate patiently against a slow-moving marketExcellent fit
Buyers focused on per-square-foot value in a compact unit rather than square footage aloneExcellent fit
Buyers comfortable pricing off current, softened comparables rather than last year's figuresExcellent fit
Buyers who need a transaction to close within a few weeksProbably not
Buyers expecting near-term price appreciation as part of their planProbably not
Buyers who want confirmed on-site amenities, since none are currently identified from MLS listingsProbably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2018 (79 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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Thinking of selling in OCEAN POINT CONDO? 10 recorded closings; median 183 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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