Real Estate Stalking: Inside Ocean Terrace, Miami Beach’s Extraordinary New Oceanfront Address
You know how much I love a little Real Estate Stalking, and this week we are heading straight to Miami Beach for a look at a new oceanfront property that is definitely worth watching.
Meet Ocean Terrace.
Occupying an incredible full oceanfront block in Miami Beach, Ocean Terrace is bringing together luxury residences, resort living, extraordinary design, lush parkland and some pretty spectacular views of the Atlantic Ocean, Biscayne Bay and surrounding greenery.
The development will include a limited collection of 52 condominium Residences and just 24 Resort Residences—and there are currently some very interesting opportunities available.
And, as always, if Miami real estate is on your radar, I have you covered. Our NS Lifestyles Miami real estate expert, Nick Jovanovich of Douglas Elliman Real Estate, can give you the inside scoop on Ocean Terrace, current availability and other exceptional properties throughout Miami and Miami Beach.
Let’s Take a Look Inside the Resort Residences…
The collection of just 24 Resort Residences immediately caught my attention.
These homes offer that wonderful combination of having your own sophisticated Miami residence while enjoying the ease and amenities of a luxury resort.
And the outdoor spaces! In Miami, your terrace really does become another room of your home, and several of these residences offer hundreds of additional square feet outside.
Residence 617 — $3,350,000
1 Bedroom | 1.5 Baths | South & East Views
1,002 SF Interior
411 SF Exterior
1,413 Total SF
Residence 717 — $3,420,000
1 Bedroom | 1.5 Baths | South & East Views
1,002 SF Interior
411 SF Exterior
1,413 Total SF
For a Miami pied-à-terre, I think these are particularly intriguing. You get a beautifully sized one-bedroom plus 411 square feet of outdoor space and those coveted south and east exposures.
Need a Little More Room?
The two-bedroom Resort Residences take things up another notch.
Residence 811/812 — $5,000,000
2 Bedrooms | 2.5 Baths | North & West Views
1,314 SF Interior
509 SF Exterior
1,823 Total SF
Residence 814/815 — $5,550,000
2 Bedrooms | 2.5 Baths | East Views
1,425 SF Interior
394 SF Exterior
1,819 Total SF
Residence 1016/1017 — $5,650,000
2 Bedrooms | 2.5 Baths | South & East Views
1,436 SF Interior
515 SF Exterior
1,951 Total SF
Residence 1014/1015 — $5,750,000
2 Bedrooms | 2.5 Baths | East Views
1,425 SF Interior
394 SF Exterior
1,819 Total SF
Pricing and availability are subject to change.
But Wait Until You Hear About the Penthouses…
Now this is where my Real Estate Stalking gets really serious!
Ocean Terrace also has two duplex penthouses available upon request, and they sound absolutely incredible.
We’re talking private rooftops, private lap pools, hydrotherapy spas and panoramic terraces.
Can you imagine having your own rooftop pool overlooking Miami Beach?
These are obviously for a very particular buyer, and additional information is available privately through Nick.
VIEW THE OCEAN TERRACE RENDERINGS
VIEW THE COMPLETE INFORMATION PACKAGE
The Names Behind Ocean Terrace Are Just as Impressive
One of the things that makes this development stand apart is the caliber of the team behind it.
Witkoff and Ocean Terrace Holdings are bringing the project to life, with classically inspired layouts and interiors by the legendary Robert A.M. Stern Architects (RAMSA).
The modernist architecture is by Revuelta, while renowned landscape architect Enzo Enea is creating the lush landscaping surrounding the property.
And then there is Ocean Terrace Park, designed by acclaimed landscape architect Raymond Jungles.
The combination of classic interiors, contemporary Miami architecture and lush tropical landscaping feels like such a natural fit for this location.
It’s Not Just a Residence—It’s a Lifestyle
This is the part I find especially interesting about Ocean Terrace.
It isn’t simply another luxury condominium building. The development is being conceived as an entire oceanfront lifestyle destination.
Ocean Terrace will include:
- A 20-story, 235-foot tower with 52 condominium Residences
- A separate tower with only 24 Resort Residences
- A 42-key luxury hotel
- More than 18,000 square feet of RAMSA-designed interior amenities
- Approximately 50,000 square feet of exterior amenities surrounded by lush Enzo Enea landscaping
- Approximately 15,000 square feet of curated street-level retail
- Ocean Terrace Park, designed by Raymond Jungles
You have the ocean, the park, resort amenities, beautiful restaurants and retail all coming together in one destination.
For someone looking for a second home in Miami, I think that ease of lifestyle is incredibly appealing.
When Can We Move In?
The estimated delivery for Ocean Terrace is currently Q4 2028 / Q1 2029.
The current deposit structure is:
20% — Due at execution of contract
10% — Due at groundbreaking
10% — Due at top-off
60% — Due at closing
That timeline gives buyers the opportunity to secure a residence now while planning ahead for their future Miami lifestyle.
Thinking About Miami? Meet Our Expert, Nick Jovanovich
If you’ve been following NS Lifestyles, you know that I love bringing you people who really know their markets.
For Miami, that person is Nick Jovanovich of Douglas Elliman Real Estate.
Nick is our NS Lifestyles Miami real estate expert, and he can provide the latest information on Ocean Terrace, including current availability, pricing, floor plans, individual residence views, renderings and private details on the duplex penthouses.
More importantly, Nick can help you look at the bigger picture.
If you’re thinking about buying in Miami or Miami Beach, he can help you compare Ocean Terrace with other exceptional new developments and determine which property, neighborhood and lifestyle make the most sense for you.
NICK JOVANOVICH
Douglas Elliman Real Estate
NS Lifestyles Miami Real Estate Expert
CONTACT NICK & VIEW HIS DOUGLAS ELLIMAN PROFILE
Whether you’re looking for a Miami pied-à-terre, second home, investment or the ultimate oceanfront residence, Ocean Terrace is definitely one to put on your Real Estate Stalking list.
And personally? I wouldn’t mind doing a little more stalking of those duplex penthouses!
Pricing, availability, floor plans, features, finishes, amenities and estimated delivery dates are subject to change. Prospective purchasers should consult the developer’s official offering documents for complete information.
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