321 Ocean
321 Ocean Drive, Miami Beach, FL 33139
South of Fifth
Folio 0242033660001
- Year built
- 2015
- Residences
- 21
- Building area
- 57,207 sq ft
- Median residence
- 2,675 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $8,025,000 · Nov 2025
- Median sale (10 yr)
- $7,250,000
- Recorded transfers
- 43
321 Ocean is a 21-residence condominium building at 321 Ocean Drive, in South Beach, completed in 2015. It has a median residence of 2,675 square feet.
The recorded market runs to 33 arms-length sales since 2015, an annual turnover rate of 7.1 percent of the building over the past decade, and a median of $1,798 per square foot. Across 14 same-unit resales, 86 percent sold above their prior recorded price, with a median gain of 30 percent over a median hold of 4.6 years. Recorded deeds show 4 parties that acquired more than one residence in the building.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to May 2015. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Nov 2025 | 301 | 2,530 sf | $8,025,000 | ✓ |
| Mar 2025 | 201 | 3,970 sf | $10,750,000 | ✓ |
| Apr 2024 | 300 | 2,926 sf | $7,250,000 | ✓ |
| May 2023 | 701 | 2,530 sf | $5,200,000 | |
| Jun 2022 | 200 | 3,440 sf | $9,000,000 | ✓ |
| Sep 2021 | 502 | 2,704 sf | $4,225,000 | ✓ |
| Jun 2021 | 701 | 2,530 sf | $4,700,000 | ✓ |
| Jun 2021 | 301 | 2,530 sf | $5,375,000 | ✓ |
| May 2021 | 400 | 2,926 sf | $6,300,000 | ✓ |
| Jul 2020 | 901 | 2,675 sf | $10,312,500 | ✓ |
| Jul 2020 | 900 | 3,041 sf | $11,687,500 | ✓ |
| Mar 2020 | 300 | 2,926 sf | $5,750,000 | ✓ |
| Aug 2019 | 401 | 2,530 sf | $4,290,000 | ✓ |
| Jun 2018 | 201 | 3,970 sf | $6,750,000 | ✓ |
| May 2018 | 901 | 2,675 sf | $26,000,000 | ✓ |
| May 2018 | 900 | 3,041 sf | $26,000,000 | ✓ |
| Jul 2015 | 302 | 1,730 sf | $229,400 | |
| Jun 2015 | 700 | 2,926 sf | $2,861,700 | |
| Jun 2015 | 701 | 2,530 sf | $4,550,000 | ✓ |
| May 2015 | 202 | 1,730 sf | $1,450,000 | ✓ |
| May 2015 | 401 | 2,530 sf | $3,900,000 | ✓ |
| May 2015 | 400 | 2,926 sf | $4,100,000 | ✓ |
| May 2015 | 901 | 2,675 sf | $20,000,000 | ✓ |
| May 2015 | 900 | 3,041 sf | $20,000,000 | ✓ |
| May 2015 | 800 | 5,497 sf | $4,700,000 | ✓ |
| May 2015 | 300 | 2,926 sf | $4,950,000 | ✓ |
| May 2015 | 403 | 1,705 sf | $1,675,000 | ✓ |
| May 2015 | 303 | 1,705 sf | $1,600,000 | ✓ |
| May 2015 | 502 | 2,704 sf | $2,788,400 | ✓ |
| May 2015 | 402 | 1,730 sf | $1,725,000 | ✓ |
| May 2015 | 302 | 1,730 sf | $1,370,700 | |
| May 2015 | 501 | 2,530 sf | $4,600,000 | ✓ |
| May 2015 | 301 | 2,530 sf | $4,000,000 | ✓ |
| May 2015 | 700 | 2,926 sf | $1,713,400 | |
| May 2015 | 500 | 2,926 sf | $5,125,000 | ✓ |
| May 2015 | 200 | 3,440 sf | $5,950,000 | ✓ |
| May 2015 | 601 | 2,530 sf | $4,450,000 | ✓ |
| May 2015 | 600 | 2,926 sf | $5,500,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 5 nominal-consideration paper transfers omitted.
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Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.