Skip to main content

Ocean Drive

C. Coronado

Punta Pacífica201334 floors4.8 · 6 reviews

Updated Nov 1, 2026View on the map

What are you looking for at Ocean Drive?

Rentarea $3,000/moBuybuilding $2,140/m²Sellwhat yours is worth

Free. Opens Alma with this building already selected.

2013
year built
34
floors
117
units
$3,000
rent/month, area
$2,140
per m², building
4.8
6 Google reviews
  • Infinity pool
  • 24/7 security
  • Event hall
  • Kids' play area
  • BBQ area
  • Concierge
  • Hot tub
  • Spa
  • Coworking
  • Squash court
  • Tennis court
  • Housekeeping
  • Pet area
  • Private cinema
  • Double-height lobby

Building data and Google reviews; asking prices on listing portals for Punta Pacífica, as of Nov 1, 2026. Sources and method

About Ocean Drive

A 34-story tower on Calle Coronado with comfortable, spacious apartments and visitor parking.

Ocean Drive is a residential tower built in 2013 with 34 floors and 117 units, located on Calle Coronado in the Punta Pacifica corridor. Its documented amenities program includes infinity pool, jacuzzi, sauna, spa, private cinema, event hall, double-height lobby, valet parking, tennis court, squash court, BBQ area, pet park, kids playground, coworking, concierge, housekeeping service, and 24/7 security — a package consistent with the premium segment.

It maintains a 4.8 out of 5 rating on Google Maps after 6 verified reviews. Recurring mentions highlight the location, good condition of the building, visitor parking, and comfortable, spacious apartments with good distribution. The sample is modest but consistent with a stable residential profile. An additional review refers to maintenance services (sofa cleaning) — suggesting active condominium dynamics. Buyers should request from management the unit floor plan, square footage, and current monthly fee level before advancing to a visit.

Availability at Ocean Drive

Rent

Ask the PanamaProp team about rentals: we check what is coming up in the building based on your bedrooms, budget and move-in date.

Sale

Ask the PanamaProp team about units for sale: we review the building's units based on your bedrooms and budget.

Market data

$441K
Average sale price
7 comparables
—
Average rent
no data
$2,140/m²
Median $/m²
7 units
63 days
Days on market
7 active listings

Stats aggregated from active public-portal listings. Minimum 3 comparables per bucket required to publish an average (noise filter).

Asking prices describe published listings. A zone reference covers a wider area and is not a closing price for this building. Compare sale and rental data separately, checking each sample and date.

What's nearby

113 places within a 10-minute walk.

Among the 42 buildings in Punta Pacífica, Ocean Drive ranks 2nd for park access: Volleyplaya Beach Volleyball Xspark is a 2-minute walk, while the zone median is 5 minutes. Ocean Drive ranks 1st of 41 buildings in Punta Pacífica for gym access: Grupo Delgado Sanchez S.A is a 1-minute walk, against a zone median of 2 minutes. For school, Instituto Alberto Einstein is a 6-minute walk from Ocean Drive, with 1 within 500 meters. Grupo Roble is the nearest mall to Ocean Drive: a 5-minute walk, against a Punta Pacífica median of 3 minutes.

  • Nearby gymsGrupo Delgado Sanchez S.A1 min walk
  • EducationSalvador Institute6 min walk
  • HealthcareDra. Denisse Martínez Ginecología4 min walk
  • ShoppingOficinas AMPM Panamá4 min walk
  • ParksVolleyplaya Beach Volleyball Xspark2 min walk
  • RestaurantsRakki House3 min walk
  • Specialty cafesMrs. Fields | Multiplaza6 min walk
  • CoworkingWorkings Punta Pacífica3 min walk
See the 3 closest places in each category

Nearby gyms

  • Grupo Delgado Sanchez S.A1 min65m
  • Synergic Yoga Panamá4.6 (24)6 min462m
  • PowerCLUB | Punta Pacífica4.3 (111)6 min464m

Education

  • Salvador Institute5.0 (1)6 min474m
  • Instituto Alberto Einstein6 min477m
  • Escuela República De Finlandia7 min548m

Healthcare

  • Dra. Denisse Martínez Ginecología4 min248m
  • Grupo Gineco Obstetra,S.A4 min259m
  • Neuro and Critical Care Corp NCC5.0 (1)4 min273m

Shopping

  • Oficinas AMPM Panamá1.0 (2)4 min245m
  • Abarrotería You Hao4.1 (9)4 min256m
  • Grupo Roble4.1 (25)5 min355m

Parks

  • Volleyplaya Beach Volleyball Xspark2 min98m
  • Parque de descanso Oceanía4 min288m
  • Parque Infantil de Boca la Caja5 min394m

Restaurants

  • Rakki House4.6 (125)3 min207m
  • Noa Evolution4.4 (213)3 min223m
  • Ricominciare Cucina italiana4.6 (145)3 min231m

Specialty cafes

  • Mrs. Fields | Multiplaza4.7 (3)6 min429m
  • Tinta y cafe4.6 (10)7 min486m
  • Mandarina Garden Panamá4.8 (35)7 min551m

Coworking

  • Workings Punta Pacífica4.9 (53)3 min192m
  • Oceania Business Center4.5 (790)4 min242m
  • Regency Works4.9 (8)4 min247m

Living at Ocean Drive

Resident profile

Is Ocean Drive right for you?

Recommended for

  • Buyers who prioritize spacious and well-distributed apartments.
  • Families who value the availability of visitor parking.
  • Profiles who prefer a consolidated tower (2013) with verifiable history.

Keep in mind if

  • Buyers who require more recent inventory with the latest finishes.
  • Profiles who prioritize taller towers (40+ floors).

Review summary

What residents and visitors highlight

Analysis of 6 verified Google Maps reviews.

Comfortable and spacious apartments

Mencionado positivamente

Reviews describe comfortable, spacious apartments with good distribution. The building is in good condition according to residents.

Visitor parking

Mencionado positivamente

It has visitor parking — an attribute valued in the sample and a differentiator compared to other towers in the corridor.

Active condominium

Mencionado positivamente

An additional review refers to maintenance services contracted by residents — suggests active condominium dynamics.

Google Reviews

4.8(6)
kelwys oropeza

PH muy bien ubicado se encuentra en muy buenas condiciones cuenta con parking para las visitas los apartamentos son comodos y amplios buena distribución

David Andrade

Grata en realidad

M&A Súper Clean

Realizamos mantenimiento y limpieza de sillones

Rafael Jose Alegretti Ordoñez

PanamaProp analysis

Investment thesis

Read the full analysis (in Spanish)

Análisis de inversión

Ocean Drive es una torre del año 2013 con 34 pisos y 117 unidades sobre Calle Coronado, con rango de precios entre US$500,000 y US$3,000,000. El bucket incluye unidades premium, penthouses y posiblemente medio-pisos según el tope del rango. Programa de amenidades documentadas amplio: piscina infinity, jacuzzi, sauna, spa, cine privado, salón de eventos, lobby doble altura, valet parking, cancha de tenis, cancha de squash, BBQ área, pet park, juegos para niños, coworking, concierge, housekeeping y seguridad 24/7.

Para una unidad de US$800,000 (rango medio del bucket), el alquiler razonable oscila entre US$4,000 y US$6,400 mensuales, lo que sitúa el rendimiento bruto entre 0.5% y 0.8% mensual (6% a 9.6% anual). Neto, descontando cuotas premium de torre lujo, vacancia e impuestos, el rendimiento se aproxima a 4% a 6% anual.

Frente a bonos panameños del Estado con rendimientos de 3% a 4%, Ocean Drive ofrece prima razonable. La calificación de 4.8 sobre 5 — aunque con muestra modesta de 6 reseñas verificadas — es excepcional dentro del corredor, respaldada por menciones recurrentes de ubicación, condiciones del edificio, parqueo para visitas y amplitud de apartamentos. Antigüedad de 13 años en activo bien mantenido suele defender valor patrimonial mejor que torres deterioradas más recientes.

Ideal resident profile

Read the full analysis (in Spanish)

Perfil de residente

Ocean Drive calza para familias consolidadas y ejecutivos senior que valoran programa de amenidades resort-style completo: spa, cancha de tenis, cancha de squash, cine privado, pet park y juegos para niños configuran propuesta integral para hogares con hijos o adolescentes. La presencia de valet parking, concierge y housekeeping añade nivel de servicio premium.

También aplica para inversores patrimoniales que buscan torre con administración consolidada — la calificación de 4.8 sobre 5 y las menciones positivas verificadas reducen el riesgo operativo del activo.

NO calza para compradores con presupuesto inferior a US$450,000 o para perfiles que prefieren torres minimalistas sin amenidades de alto consumo de cuota. Tampoco para residentes que no valoran convivencia con familias — el programa de amenidades familiares atrae población con hijos. Quien busque ambiente exclusivamente adulto-profesional debe considerar torres con programa más corporativo.

Compared with similar buildings

Read the full analysis (in Spanish)

Comparación con la zona

Ocean Drive se posiciona en el tier premium del corredor. El rango de precios (US$500,000–US$3,000,000) lo ubica en el segmento alto-residencial con techo en penthouse de lujo. El programa de amenidades documentadas — 12+ atributos premium verificados — está por encima del promedio de torres residenciales del bucket medio y compite directamente con torres del segmento ultra-premium.

La calificación de 4.8 sobre 5 — aunque con muestra de 6 reseñas — es de las más altas registradas en el bucket comparable, y refuerza la posición del activo como uno bien administrado dentro de su rango. Edificios del mismo corredor con calificación promedio entre 4.0 y 4.4 tienen descuento operativo natural frente a Ocean Drive.

El atributo competitivo principal es la combinación de programa de amenidades amplio y administración consistentemente bien evaluada. El precio de entrada (US$500,000) está alineado con expectativas del segmento alto del corredor, lo que coloca a Ocean Drive como referente cualitativo dentro del bucket.

Risks to consider

Read the full analysis (in Spanish)

Riesgos a considerar

Iliquidez: Apartamentos de US$500,000+ en Panamá tienen ciclos de reventa de 12 a 24 meses. La planificación financiera debe contemplar ese horizonte, especialmente en el tramo superior del bucket (US$1M+).

Muestra de reseñas modesta: 6 reseñas verificadas constituyen una base estadística limitada, aunque la calificación de 4.8 sea sólida. Conviene complementar con visita presencial, conversación con residentes y revisión del estado real de áreas comunes para confirmar el consenso cualitativo.

Cuotas de mantenimiento de torre lujo: Programa con 12+ amenidades premium implica cuota mensual elevada. Pedir desglose oficial de cuota actual y proyectada, así como historial de cuotas extraordinarias de los últimos 3 años antes de firmar.

Antigüedad de 13 años: Edificios construidos en 2013 entran en ciclo de renovaciones mayores típicas a los 10–15 años (ascensores, equipos de piscina, fachada). Validar fondo de reserva de la administración y plan de renovación pendiente.

Ticket alto reduce universo de compradores: En escenario de salida, el conjunto de compradores con capacidad para US$1M+ es estructuralmente menor que en buckets medios.

What is the return on investing here?

Monthly cash flow, 5-year ROI, break-even and payback, in 2 minutes.

Do you own an apartment at Ocean Drive?

What yours is worth (PanamaEstimate)

PanamaEstimate

Instant valuation

Powered by PanamaProp · 531 verified buildings

Estimates, ROI and projections are for reference only and are based on aggregated market data. Independent market analysis; not personalized financial advice.

Your building report

Available listings, asking prices and dated market references. It is a reference, not an official appraisal.

For owners

Do you own a unit in this building?

This page shows 7 sale or rental listings at Ocean Drive. Compare asking prices for the transaction you are considering.

or request your building's market report

Compare before you decide

Frequently asked questions

How much does an apartment in Ocean Drive cost?

According to PanamaProp's catalog, the median sale price in Ocean Drive is $475,000 (~$2,140/m²), based on 7 listed units as of Sep 24, 2026. These are active-inventory market figures, not an appraisal; contact us for a formal valuation.

Where is Ocean Drive located?

Ocean Drive is in Punta Pacífica, Panama City. The map at the top of this page shows its location.

Are there apartments for sale at Ocean Drive?

Yes. This page shows sale listings published on portals for Ocean Drive. Ask the PanamaProp team about availability before visiting.

Are rentals available at Ocean Drive?

Ask the PanamaProp team about rentals: we check what is coming up at Ocean Drive based on your bedrooms, budget and move-in date.

When was the building constructed?

Ocean Drive was built in 2013. This usually affects HOA fees and renovation needs.

How many floors does Ocean Drive have?

Ocean Drive has 34 floors. Height affects views, wind exposure and elevator wait times.

How many units does Ocean Drive have?

Ocean Drive has 117 total units. Density impacts privacy, noise, and social dynamics in the building.

How do I ask about availability at Ocean Drive?

Use the "Ask our team about availability" button: it opens Alma with Ocean Drive already selected. You can also request an alert when a unit is listed or write to info@panamaprop.com.

How do you get to the Metro from Ocean Drive?

From Ocean Drive, public transport is by bus or car: the nearest Panama Metro station is beyond walking distance.

Which schools are near Ocean Drive?

Within walking distance of Ocean Drive: Instituto Alberto Einstein (6 min), Escuela República De Finlandia (7 min) and Escuela Profesional Isabel Herrera Obaldia (8 min).

New to Panama? Get the complete guide

Property types, the 9 premium areas, financing, Law 81, taxes and legal due diligence, in a free guide.

Sources and method

Building data; reviews and places from Google Maps; asking prices on listing portals; map © OpenFreeMap and © OpenStreetMap. Updated .

Data methodology (in Spanish)

Verified with Google and public sourcesPublished, auditable methodology
Back to Punta Pacífica