# 524 Ocean Dr, Miami Beach, FL 33139 > **TL;DR:** commercial, $25,000,000, built 1993. > Waterfront, A/C. Est. $133,706/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $25,000,000 | | Year Built | 1993 | | Lot Size | 6,020 sqft (0.14 acres) | | Stories | 5 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $126,414 | | Estimated Insurance | $7,292 | | **Total** | **$133,706** | ## Key Amenities - Waterfront - A/C ## Property Highlights - Built in 1993 - 0.14 acre lot - 5 stories - Waterfront ## Description ### Agent Description OCEAN DRIVE ALL-SUITES HOTEL WITH ROOFTOP SWIMMING POOL Modern 22-suite oceanfront hotel with a restaurant and bar in an iconic beachfront location, which attracts millions of visitors each year. Built in 1993, The Fritz Hotel offers 15 one and two-bedroom suites - all with kitchenettes and some with balconies, as well as 7 studios. The hotel boasts a rooftop swimming pool and sun deck overlooking Lummus Park and endless ocean views. The property is offered fee simple. ## Location - **Address:** 524 Ocean Dr, Miami Beach, FL 33139 - **County:** Miami-Dade ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A12113598 ## Listing Agent - **Name:** Susan Gale · **License:** 0394993 - **Brokerage:** One Sothebys International Realty - **Broker Phone:** (305) 666-0562 ## Photos ![524 Ocean Dr - Photo 1](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f3900828840r.jpg) ![524 Ocean Dr - Photo 2](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f1757774330r.jpg) ![524 Ocean Dr - Photo 3](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f4132683716r.jpg) ![524 Ocean Dr - Photo 4](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f3639919263r.jpg) ![524 Ocean Dr - Photo 5](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f2956199611r.jpg) ![524 Ocean Dr - Photo 6](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f1619380677r.jpg) ![524 Ocean Dr - Photo 7](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f160639737r.jpg) ![524 Ocean Dr - Photo 8](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f779419006r.jpg) ![524 Ocean Dr - Photo 9](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f1689817773r.jpg) ![524 Ocean Dr - Photo 10](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f2756302237r.jpg) ![524 Ocean Dr - Photo 11](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f88133993r.jpg) ![524 Ocean Dr - Photo 12](http://lh.rdcpix.com/cbada4880b5fba3465bfe6f0c96c0fc2l-f2556760351r.jpg) --- **MLS#:** A12113598 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/524-ocean-dr-miami-beach-fl-33139-413a10dabc80494dbac11203c7164ab4) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/524-ocean-dr-miami-beach-fl-33139-413a10dabc80494dbac11203c7164ab4#listing", "url": "https://www.propertysimple.ai/listing/524-ocean-dr-miami-beach-fl-33139-413a10dabc80494dbac11203c7164ab4", "name": "524 Ocean Dr, Miami Beach, FL 33139", "description": "OCEAN DRIVE ALL-SUITES HOTEL WITH ROOFTOP SWIMMING POOL Modern 22-suite oceanfront hotel with a restaurant and bar in an iconic beachfront location, which attracts millions of visitors each year. 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