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Back 166 Ocean Way
Off Market

166 Ocean Way

South Beach FL 32963

4
6
3
4259 sq. ft.
1.14 ac.
Single-Family
Last sold for $4,400,000
Cheryl GerstnerCheryl Gerstner, last sold this property on 27 May 2026 after 215 days on market.

Overview

Experience over 4,000 sq/ft of oceanfront living in the highly sought-after Seagrove Community. This 4 Bed, 5 Bath courtyard pool home with separate guest quarters, offers 120 ft of ocean frontage & private beach access. The home includes a spacious 3,500 sq/ft basement (A/C & full bath) with a three-car garage. Fully renovated in 2016, the home offers a gourmet kitchen with marble countertops & Viking appliances, beautiful hardwood floors, custom built-ins, & impact windows. Enjoy stunning views from the living area, oceanside patio, & screened-in porch—ideal coastal living at its finest.

Features

4 bedrooms
6 bathrooms
3 carspaces
3 garage spaces
4259 sq. ft. floor area
1.14 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in South Beach over the last 12 months, the estimated median property value of 166 Ocean Way is $1.72m.

Median value
$1.72m
Estimated value range
$625k - $8m
Median days on market
102
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in South Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 166 Ocean Way

2026
Sold
$4,400,000
27 May 2026 by Cheryl Gerstner, of Alex MacWilliam, Inc.
2026
Sold
$4,400,000
27 May 2026 by Katharine Fields, of Alex MacWilliam, Inc.
2021
Sold
$3,240,000
22 Feb 2021 by J Dale Sorensen, of DALE SORENSEN REAL ESTATE, INC

Happy sellers in South Beach

85%
85% of sellers in South Beach reported that their sale price either exceeded or met their price expectations.

South Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in South Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in South Beach

In the last 12 months, 96 four-bedroom single-family properties similar to 166 Ocean Way, have been sold.

This represents a 12% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Beach

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Kelly Fischer

Sellers who recommend Kelly Fischer have praised them for being local expert, clear communication, responsive, great negotiation, supportive, reliable, and strategic

  •   5   (506 reviews)
  •  1 Review in South Beach
  •  4 Sales in South Beach
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Kristin Bearce

Kristin Bearce is a recommended agent for South Beach.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (7 reviews)
  •  1 Review in South Beach
  •  2 Sales in South Beach
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Jill Cameron

Sellers who recommend Jill Cameron have praised them for being local expert, responsive, clear communication, dedicated, reliable, empathetic, and great negotiation

  •   5   (104 reviews)
  •  1 Review in South Beach
  •  1 Sale in South Beach
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Susie Wilson

Susie Wilson is a recommended agent for South Beach.  They have 33 local sales across the last 12 months.

  •  33 Sales in South Beach
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