1920 S Ocean Dr 16B ALL ASSESSMENTS PAID IN FULL. FANNIE MAE & FREDDIE MAC APPROVED. BUILDING COMPLETED ITS 40/50-YEAR RECERTIFICATION IN 2025. Massive high-floor corner unit at Malaga Towers with spectacular direct ocean views and an expansive wraparound balcony overlooking the ocean, Intracoastal, and city skyline. The spacious floor plan offers flexibility for an easy conversion to 3 bedrooms or 2 bedrooms plus a private office. Enjoy a huge private terrace ideal for outdoor living and entertaining, new balcony railings, beautiful chandeliers, in-unit washer and dryer, and garbage disposal. Malaga Towers offers a private, resort-style beachfront lifestyle with 24-hour security, concierge service, direct beach access with beach chairs and umbrellas, a beachfront pool, fitness center, tennis courts, recreation room, BBQ areas, and covered parking. The unit includes 1 assigned parking space plus 1 guest parking space. Dogs allowed. Rental policy: no leasing during the first year of ownership; thereafter, up to two rentals per year with a minimum 90-day term. A rare opportunity to own a spacious oceanfront corner residence with exceptional views, flexible living space, and full-service resort amenities in one of South Florida's most desirable beachfront settings