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OCEAN TERRACE APTS INC CO-OP

123 3rd St, Miami Beach, FL 33139

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Property Rating

5.0
Excellent
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1 Week Ago
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Under 30 minutes

Commute Time is calculated at rush hour.
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Pricing & Floor Plans

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Fees and Policies

Details

Property Information

  • Built in 1950
  • 30 units/2 stories

About OCEAN TERRACE APTS INC CO-OP

Find your new apartment at Ocean Terrace Apts Inc Co-Op. The address for this community is in Miami Beach on 3rd St.. Here at this community, the professional leasing staff is ready and waiting to help you find your perfect floorplan option. Come for a visit to see the current floorplan options. Contact us or drop by the leasing office to talk about leasing your new apartment and make your move to Ocean Terrace Apts Inc Co-Op.

OCEAN TERRACE APTS INC CO-OP is an apartment community located in Miami/Dade County and the 33139 ZIP Code. This area is served by the Miami-Dade County Public Schools attendance zone.

Community Amenities

  • Courtyard

Apartment Features

Air Conditioning

Tub/Shower

Heating

Grill

  • Air Conditioning
  • Heating
  • Tub/Shower
  • Kitchen
  • Bay Window
  • Grill
Location
123 3rd St, Miami Beach,
FL 33139
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Neighborhood

South Pointe sits in the southernmost portion of Miami Beach’s South Beach. Residents enjoy a broad range of rental options in the community, including apartments, condos, and townhomes with sweeping waterfront views of either the Meloy Channel or the Atlantic Ocean, which both surround the community.

South Pointe is brimming with exciting amenities like South Pointe Beach, South Pointe Park, exceptional restaurants, convenient shops, the Jewish Museum of Florida, and South Shore Branch Library. The community is also within walking distance of Lummus Park, the Art Deco Historic District, and South Beach’s unparalleled nightlife scene.

Learn more about living in South Pointe 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

South Pointe Miami Beach, FL
Studio $1,559 $1,457
1 Bedroom $1,781 $2,076
2 Bedrooms $2,375 $3,316
3 Bedrooms - $5,905

Below are rent ranges for similar nearby apartments

Beds Average Size Lowest Typical Premium
Studio Studio Studio 413 Sq Ft $1,650 $1,885 $2,400
1 Bed 1 Bed 1 Bed 746 Sq Ft $1,800 $4,988 $24,000
2 Beds 2 Beds 2 Beds 1304 Sq Ft $2,800 $9,774 $24,000
3 Beds 3 Beds 3 Beds 2141 Sq Ft $3,600 $17,930 $59,999
4 Beds 4 Beds 4 Beds 3553 Sq Ft $11,323 $37,728 $60,000
Amenities
  • Courtyard
  • Air Conditioning
  • Heating
  • Tub/Shower
  • Kitchen
  • Bay Window
  • Grill
Education
Colleges & Universities Distance
Colleges & Universities Distance
AI Miami
Drive: 8 min 4.3 mi
Miami Dade College, Wolfson
Drive: 11 min 5.2 mi
Miami Dade College, Medical
Drive: 12 min 6.1 mi
Univ. of Miami, Rosentiel Sch.
Drive: 21 min 11.3 mi
OCEAN TERRACE APTS INC CO-OP is within 8 minutes or 4.3 miles from AI Miami. It is also near Miami Dade College, Wolfson and Univ. of Miami, Rosentiel Sch..
Schools
Fienberg/Fisher K-8 Center
Public Elementary & Middle School
Grades PK-8
842 Students
Nearby
Miami Beach Senior High School
Public High School
Grades 9-12
2,175 Students
Attendance Zone
Landow Yeshiva Center
Private Elementary, Middle & High School
Grades PK-12
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

Transportation options available in Miami Beach include Museum Park Metromover Station, located 4.5 miles from OCEAN TERRACE APTS INC CO-OP. OCEAN TERRACE APTS INC CO-OP is near Miami International, located 15.2 miles or 28 minutes away, and Fort Lauderdale/Hollywood International, located 26.9 miles or 40 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Museum Park Metromover Station
Drive: 9 min 4.5 mi
College/Bayside
Drive: 9 min 4.8 mi
First Street
Drive: 10 min 4.9 mi
Bayfront Park
Drive: 11 min 5.0 mi
Knight Center
Drive: 10 min 5.2 mi
Commuter Rail Distance
Commuter Rail Distance
Historic Overtown/Lyric Theatre
Drive: 10 min 4.9 mi
Miami
Drive: 10 min 4.9 mi
Miamicentral Station
Drive: 11 min 5.0 mi
Government Center
Drive: 11 min 5.2 mi
Brickell (Metrorail)
Drive: 13 min 6.0 mi
Airports Distance
Airports Distance
Miami International
 Drive: 28 min 15.2 mi
Fort Lauderdale/Hollywood International
 Drive: 40 min 26.9 mi

Walkability Near OCEAN TERRACE APTS INC CO-OP

Getting Around
Very Walkable
Walkability
80 / 100
Some Public Transit
Transit
40 / 100
Very Drivable
Drivability
80 / 100
Moderately Bikeable
Bikeability
70 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
-
Soundscore™
- / 100

Traffic

-

Airport

-

Businesses

-

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from OCEAN TERRACE APTS INC CO-OP.

Shopping Centers Distance
Shopping Centers Distance
Washington Ave Properties
Walk: 6 min 0.4 mi
The Gateway to Miami Beach
Walk: 9 min 0.5 mi
Shoppes of Fifth & Alton
Walk: 12 min 0.6 mi
OCEAN TERRACE APTS INC CO-OP has 3 shopping centers within 0.6 mile, which is about a 12-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Jungle Island
 Drive: 6 min 3.2 mi
Miami Children's Museum
 Drive: 7 min 3.6 mi
Miami Seaquarium
 Drive: 20 min 11.0 mi
Virginia Key Beach and Park
 Drive: 20 min 11.2 mi
Biscayne Nature Center
 Drive: 22 min 13.0 mi
OCEAN TERRACE APTS INC CO-OP has 5 parks within 13.0 miles, including Jungle Island, Miami Children's Museum, and Miami Seaquarium.
Hospitals Distance
Hospitals Distance
Mount Sinai Medical Center
Drive: 9 min 3.6 mi
Jackson Health System
Drive: 11 min 6.1 mi
Douglas Gardens Hospital
Drive: 14 min 6.6 mi
OCEAN TERRACE APTS INC CO-OP has 3 hospitals within 6.6 miles, the nearest is Mount Sinai Medical Center which is 3.6 miles away and a 9 minute drive.
 
 
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Frequently Asked Questions
Does OCEAN TERRACE APTS INC CO-OP have in-unit laundry?

OCEAN TERRACE APTS INC CO-OP does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.

What utilities are included in rent at OCEAN TERRACE APTS INC CO-OP?

Utilities are not included in rent. Residents should plan to set up and pay for all services separately.

Is parking available at OCEAN TERRACE APTS INC CO-OP?

Contact this property for parking details.

Is OCEAN TERRACE APTS INC CO-OP pet-friendly?

OCEAN TERRACE APTS INC CO-OP does not allow pets, though service animals are always welcome in accordance with applicable laws.

Does OCEAN TERRACE APTS INC CO-OP have move-in specials?

OCEAN TERRACE APTS INC CO-OP is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does OCEAN TERRACE APTS INC CO-OP offer Matterport 3D tours?

While OCEAN TERRACE APTS INC CO-OP does not offer Matterport 3D tours, renters can request a tour directly through our online platform.

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