Witkoff Group and Ocean Terrace Holdings have officially launched sales for Ocean Terrace, a premier oceanfront mixed-use development in North Beach, Miami Beach. This highly anticipated project promises a sophisticated coastal lifestyle with meticulously designed residences, a historic hotel, and curated retail spaces, all set against the backdrop of the Atlantic Ocean.
Key Takeaways
- Sales are now open for Ocean Terrace, a new luxury development in North Beach, Miami Beach.
- The project features 52 private condominium residences and 24 resort residences.
- It includes a RAMSA-designed historic hotel with 42 guestrooms and curated retail spaces.
- Amenities include extensive indoor and outdoor spaces, a Members Club, and a five-acre park.
- Pricing starts at $6.3 million, with completion expected in 2029.
A Vision of Coastal Sophistication
Ocean Terrace, situated between 74th and 75th Streets with 350 feet of direct ocean frontage, is designed to offer residents an unparalleled connection to the ocean. Alex Witkoff, CEO of Witkoff Group, described the development as "deeply connected to its surrounding ocean vistas," featuring "cinematic views of the water and park."
The architecture by Revuelta Architecture International and interiors by RAMSA (Robert A.M. Stern Architects) blend timeless design with Miami Beach’s unique aesthetic. Interiors boast features like Parquet de Versailles white oak flooring, custom RAMSA-designed cabinetry, natural stone countertops, and Gaggenau appliances. Residences range from one-bedroom-den configurations to expansive five-bedroom homes, each with private elevators and expansive terraces offering ocean, park, and skyline views.
World-Class Amenities and Design
RAMSA has envisioned over 18,000 square feet of interior amenities, including a sculpted lobby, a state-of-the-art fitness center with ocean views, a library, and a tea room. Outdoor amenities span approximately 50,000 square feet and include a resident-only sunrise lap pool, a sunset pool with cabanas, and various open-air gathering spaces. Landscape design by ENEA further enhances the integration with the natural surroundings.
"Our firm is known for designing buildings, but we were excited to focus our efforts at Ocean Terrace on the interior spaces,” said Paul Whalen, Partner at RAMSA. “We are creating our vision of an authentic Miami Beach life with references to the multiple modernisms that have together created the city we love."
Enhancing North Beach
Ocean Terrace also introduces a five-acre Raymond Jungles-designed park, a public space featuring an art installation by Prune Nourry. This park, already open, is intended to lead a resurgence in the neighborhood.
"With acres of beachfront, unobstructed ocean views, a world-class park, luxury retail and hospitality there is truly nothing comparable on Miami Beach," said Sandor Scher, Co-Founder of Ocean Terrace Holdings. "Our goal was to create an iconic residential development that is one-part private oasis and one-part impeccable placemaking."
An exclusive private Members Club is also part of the development, offering residents a refined retreat with dedicated social, dining, and wellness spaces.
Sales and Completion
Sales for Ocean Terrace are now underway, with pricing starting at $6.3 million. Douglas Elliman Development Marketing is handling the exclusive sales and marketing. Completion of the project is anticipated in 2029.