Ownership And Leasing
Long Term Policy: 2 times a year, 6 Months minimum
Lease After Purchase: Ok To Lease
Price Range: From $4,700,000
Long Term Policy: 2 times a year, 6 Months minimum
Lease After Purchase: Ok To Lease
Price Range: From $4,700,000
Glass 120 is an ultra-boutique South of Fifth condo building at 120 Ocean Dr in South of Fifth, Miami Beach. Built in 2015, the 18-story building has only 10 residences, so privacy, architecture, ocean proximity, residence size, parking, and monthly costs are central to value.
Glass 120 condos for sale should be compared by residence size, floor level, exposure, outdoor space, interior finish, parking, and monthly fees. With only 10 residences, buyers should focus on the specific residence and recent ultra-boutique South of Fifth sales rather than broad condo averages.
Rental policy currently shows a long-term rental setup, a 6-month minimum rental term, and up to 2 rentals per year. Buyers should confirm association rules, lease approvals, fees, and current restrictions before planning around rental income.
Architectural and ownership notes point to Rene Gonzalez. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. The condominium boasts lush landscaping and an urban garden by the celebrated Raymond Jungles, along with an exclusive beach club, a pool deck, and a rejuvenating spa and mezzanine. The state-of-the-art fitness facility, onsite estate manager, 30 parking spaces, 24-hour front desk, security, full-service valet, and concierge services, all contribute to a lifestyle of unmatched luxury and convenience. The units are also equipped with various upscale appliances, stone kitchens, and other high-end features, ensuring an extraordinary living experience.
Compare active condos for sale, active rentals, recent sales, residence size, unit condition, monthly fees, parking, rental rules, and South of Fifth walkability. It is also useful to compare Glass 120 Miami Beach with nearby buildings and area pages such as South of the Fifth, One Ocean, Ocean House, and Miami Beach.
Glass 120 Miami Beach has completed-year closed-sale history from 2016 through 2024 in the market statistics, with 6 recorded condo sales, or about 2 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2016 with 2 sales, while the quietest was 2019 with 1. Recent completed-year sales volume is below the long-term average. The year-to-year spread is not extreme, which points to a more consistent resale comparison set.
The completed-year price-per-square-foot history for Glass 120 Miami Beach ranges from about $2,196/sqft to $2,341/sqft, with an average near $2,237/sqft across the years shown. That tighter band suggests buyers should focus heavily on the details that justify small pricing differences. The first and last completed years in the series are relatively close, moving from $2,341/sqft in 2016 to $2,196/sqft in 2024. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $6,334,375, but that number should be read by bedroom count, size, view, and renovation level.
Bedroom-level statistics also help explain value at Glass 120 Miami Beach: 3 Beds and 2 Beds units have the broadest historical comparison set, while 3 Beds around $7,383,333 and 2 Beds around $4,518,750 represent the higher average closed-price tiers in the chart data. The segment is useful, but buyers should still check whether the underlying sales were similar in size, view, and condition. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Glass 120 Miami Beach also has long-term rental positioning with a 6-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.
Building FAQ
Glass 120 is located at 120 Ocean Dr in South Of Fifth, Miami Beach.
The building profile lists 2015 construction, 18 stories, and 10 units.
For Glass 120, the building profile notes a long-term rental profile, 6 Months minimum rental term, and up to 2 rentals per year. That policy can matter as much as the unit itself for investors and seasonal-use buyers. Before making an offer, confirm association rules, approval timing, fees, city requirements, and any recent policy changes.
Buyers should compare view exposure, floor plan, unit condition, monthly fees, parking, rental rules, pet policy, amenities, recent sales, and competing nearby buildings.
Glass 120 Miami Beach has completed-year sales history from 2016 through 2024 with 6 recorded closed sales, or about 2 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. Recent completed-year sales volume is below the long-term average. Buyers should still compare individual units by line, view, condition, floor height, fees, parking, and building rules.
The completed-year price-per-square-foot history for Glass 120 Miami Beach runs from 2016 through 2024 and ranges from about $2,196/sqft to $2,341/sqft, with an average near $2,237/sqft. That tighter band suggests buyers should focus heavily on the details that justify small pricing differences. Average closed price over the same completed-year data is about $6,334,375, but buyers should read that number by bedroom count, size, view, and renovation level.