Home » South Florida Condos Listed By City » Miami Beach » Oceanside Plaza
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Prices: $395,000 - $699,000
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Square Feet: 546 - 1,400 sq. ft.
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Residences: Studios, 1 & 2 Bedrooms
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Architect: N/A
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Developer: N/A
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Designer: N/A
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Maintenance: 0.75 per ft2 ($ 8.07)
Description

Oceanside Plaza is a Morris Lapidus building — and that pedigree changes everything about how to read it. The legendary architect behind the Fontainebleau Miami Beach designed this 18-story, roughly 299-residence oceanfront condominium at 5555 Collins Avenue, completed in 1967, giving Mid-Beach a direct link to the golden age of Miami Modern resort architecture. Beyond the name, the tower delivers an unusually deep amenity bench — oceanfront heated pool, two gyms, rooftop solarium, ballroom, and the on-site restaurant Lola — at resale prices far below its starchitect neighbors.

Oceanside Plaza Frequently Asked Questions

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Oceanside Plaza is a Morris Lapidus building — and that pedigree changes everything about how to read it. The legendary architect behind the Fontainebleau Miami Beach designed this 18-story, roughly 299-residence oceanfront condominium at 5555 Collins Avenue, completed in 1967, giving Mid-Beach a direct link to the golden age of Miami Modern resort architecture. Beyond the name, the tower delivers an unusually deep amenity bench — oceanfront heated pool, two gyms, rooftop solarium, ballroom, and the on-site restaurant Lola — at resale prices far below its starchitect neighbors.

Oceanside Plaza Frequently Asked Questions

❯ What is the Morris Lapidus connection?

Lapidus — the architect who defined Miami Beach's resort era with the Fontainebleau (1954) — designed this tower, completed in 1967. That lineage shows in the building's theatrical public spaces and sweeping oceanfront siting. For architecture-minded buyers, owning in a Lapidus building carries a cultural cachet few other 1960s towers on the row can claim.

❯ Are pets allowed?

Yes — Oceanside Plaza is described as pet-friendly, a meaningful advantage on a corridor where several comparable towers prohibit animals. Confirm current weight and breed rules with the association, but pet owners get a full-amenity beachfront option here that stricter neighbors don't provide.

❯ How active is the rental market?

Very — recent data shows around 14 units for rent at any given time, with one- and two-bedroom leases roughly $2,700 to $5,500 depending on season and view. The deep amenity package and pet-friendly policy widen the tenant pool, supporting occupancy for landlords. Confirm minimum lease terms with the association before underwriting.

❯ What amenities set it apart?

Oceanside Plaza's list is long for the price point: oceanfront heated pool with beach service, jacuzzi, two gyms, rooftop solarium with panoramic views, indoor gymnasium with basketball and racquetball, pickleball and tennis courts, billiards room, grand ballroom, club room, sauna, and 24-hour front-desk reception with valet and security. Few 1960s towers offer this breadth.

❯ What unit sizes and prices should buyers expect?

Oceanside Plaza offers studios to three bedrooms, from compact units around 546 square feet to two-bedrooms over 1,300 — many with oversized terraces and direct ocean or Intracoastal views from private balconies. Recent asking prices run roughly $275,000 to $798,000, keeping the building among the accessible entries to architecturally significant beachfront living.

❯ Is there dining on site?

Yes — the restaurant Lola operates in the building, giving residents an everyday dining option without leaving the property. Combined with the ballroom and club room, it supports the building's social, resort-style character that long-term owners cite as a reason to stay.

Key Facts

  • Building: Oceanside Plaza
  • Address: 5555 Collins Avenue, Miami Beach, FL 33140
  • Neighborhood: Mid-Beach (Millionaire's Row), oceanfront
  • Architect: Morris Lapidus
  • Stories: 18
  • Residences: Approximately 299, studios to 3 bedrooms
  • Completed: 1967
  • Pet policy: Pet-friendly
  • Market: Active resale and rental market

Design & Architecture

Lapidus didn't just design hotels — his residential work brought the same sweeping curves, dramatic lobbies, and indoor-outdoor theatricality to condo living. At Oceanside Plaza that DNA survives in the oceanfront siting and grand public rooms, and the building has been undergoing amenity renovations that sharpen the package. For buyers who care about architectural provenance, this is the rare sub-$500,000 entry into a genuine Lapidus building.

Mid-Beach Location

At 55th and Collins you're on the row's prime central stretch, with the beach at your door and Bal Harbour and South Beach equidistant. Against Miami Beach's most expensive neighborhoods, Oceanside Plaza's value proposition is stark: starchitect pedigree at mainstream prices. Compare across the full Miami Beach market to see how few buildings offer this combination.

Explore our comprehensive list of New and Pre-Construction, A Class Office Space, and Most Expensive Neighborhoods.

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For Sale

Studios

Unit Price FT2 (M2) $/SF
15P $335,000 546 (50 m2)$614

1 Bedroom

Unit Price FT2 (M2) $/SF
3C $375,000 844 (78 m2)$444

2 Bedrooms

Unit Price FT2 (M2) $/SF
8Z $425,000 1064 (98 m2) $399
15W $514,900 1048 (97 m2) $491
14U $549,000 1048 (97 m2) $524
16B $575,000 1047 (97 m2) $549
9U $575,000 1048 (97 m2) $549
10G $720,000 1048 (97 m2) $687

Features

Building Features
  • Oceanfront location
  • Heated swimming pool
  • Tennis court
  • Fitness center
  • Round-the-clock security service
  • Valet parking
  • Poolside cabanas
  • Community laundry
  • High-speed Wi-Fi in common areas s
  • Housekeeping service
  • Poolside towel service
  • Clubroom
Residence Features
  • Up-to-date appliances
  • High ceilings
  • Guest rooms
  • Glass enclosed showers
  • Coffee machine
  • Wine cooler
  • Floor-to-ceiling windows
  • Well-equipped kitchens
  • Walk-in closets
  • Private storage spaces

Location

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