Glass
120 Ocean Drive, Miami Beach, FL 33139
South of Fifth
Folio 0242033670001
- Year built
- 2015
- Residences
- 10
- Building area
- 35,137 sq ft
- Median residence
- 3,389 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $4,500,000 · May 2024
- Median sale (10 yr)
- $6,975,000
- Recorded transfers
- 19
Glass is a 10-residence boutique condominium building at 120 Ocean Drive, in South Beach, completed in 2015 by Terra with design by Rene Gonzalez Architects. It has a median residence of 3,389 square feet.
The recorded market runs to 18 arms-length sales since 2015, an annual turnover rate of 7 percent of the building over the past decade, and a median of $2,206 per square foot. Across 8 same-unit resales, a small sample, only 38 percent sold above their prior recorded price, with a median change of -1 percent over a median hold of 5 years.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Oct 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 |
|---|---|---|---|---|
| May 2024 | 600 | 1,938 sf | $4,500,000 | ✓ |
| Jan 2024 | 900 | 3,389 sf | $7,200,000 | ✓ |
| Sep 2021 | 1000 | 3,389 sf | $7,200,000 | ✓ |
| Apr 2021 | 1100 | 3,389 sf | $7,450,000 | ✓ |
| May 2020 | 1200 | 3,389 sf | $6,750,000 | ✓ |
| Sep 2019 | 1500 | 3,389 sf | $7,500,000 | ✓ |
| Dec 2016 | 600 | 1,938 sf | $4,500,000 | ✓ |
| Feb 2016 | 600 | 1,938 sf | $4,575,000 | ✓ |
| Nov 2015 | 700 | 1,938 sf | $4,000,000 | ✓ |
| Nov 2015 | 800 | 3,389 sf | $6,400,000 | ✓ |
| Oct 2015 | 1200 | 3,389 sf | $7,865,000 | ✓ |
| Oct 2015 | 1100 | 3,389 sf | $7,335,000 | ✓ |
| Oct 2015 | 1400 | 3,389 sf | $8,400,000 | ✓ |
| Oct 2015 | 900 | 3,389 sf | $6,800,000 | ✓ |
| Oct 2015 | 600 | 1,938 sf | $3,400,000 | ✓ |
| Oct 2015 | PENT | 7,538 sf | $20,000,000 | ✓ |
| Oct 2015 | 1000 | 3,389 sf | $7,800,000 | ✓ |
| Oct 2015 | 1500 | 3,389 sf | $8,900,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 1 nominal-consideration paper transfer 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.