One Plan, Two Towers
The Oasis is built on a single idea repeated thirty-eight times. Two nineteen-story towers stand side by side on the Singer Island oceanfront, Tower A to the west and Tower B on the sand, and each floor holds exactly one home. Private elevators open into residences with the Atlantic along the east wall and the Intracoastal along the west. The building finished in 2004, a generation before the island's current construction wave.
That design makes the sales record unusually easy to read. In most buildings a jump between two sales might mean a bigger unit or a higher floor. Here the floor plan never changes, so the differences come down to timing, elevation, renovation and the seller's patience. Our 2025 island report places the building in Singer Island's second pricing tier, between $900 and $1,200 per square foot. The newest towers price above that tier, and the report finds real negotiating room inside it. The island's wider ladder of buildings is on our luxury condominiums page.
The Nine Closings
The Oasis recorded nine closings from January 2021 through June 2026, totaling about $29.8 million, per the Palm Beach Luxury Singer Island sales file from Beaches MLS. Eight different residences produced them, which means roughly one owner in five has sold inside the window while the other thirty homes sat still. Turnover runs under two sales a year against thirty-eight residences, and the building page's own market table counts a single closing in the last twelve months of its window.
The pace of those sales varied as much as the prices. Unit 20A went under contract in four days in the summer of 2024. Unit 5A took 321 days across 2022, raised its asking price mid campaign, and still closed at $2,965,000, above the $2.6 million it first asked. Every one of the nine closed below its final asking price, the standing lesson that an asking price opens a negotiation and the recorded price ends it. The median closing ran 92.9 percent of the last number the seller published.
Beaches MLS closed sales at the building, from the Singer Island export window of January 2021 to June 2026. A year with no mark recorded no closing in the feeds we hold.
Beaches MLS via our town export, closings January 2021 to June 2026, deduplicated. Every residence shares one recorded floor area. Of asking compares the closing to the final asking price
What Moved the Price
Read in time order, the nine sales draw one arc. The 2021 closings caught the building low, at $492 and $639 per square foot, while the island's post-2020 repricing was still finding the boutique stock. The arc then climbed for two years and peaked in January 2023, when unit 9B closed at $1,106 per square foot. The three closings since have stepped back down, ending at $673 on unit 7A in June 2026 after a 224-day campaign.
With size held constant, the remaining spread belongs to condition and to seller behavior. Unit 11B shows the second force plainly. It came to market asking $6 million, spent 280 days finding the market, and closed at $3.85 million in February 2023, at 64 percent of where it began. The window's fastest sales carried none of that drama, because they opened at numbers the recent record already supported.
One Floor, Four Years Apart
One residence sold at both ends of the arc, and it happens to be the cleanest measurement the building offers. Unit 2B closed at $2 million in April 2021, after nine months on market and a long walk down from its original asking price. The same floor returned in April 2025, found its buyer in seventeen days, and closed that June at $3.85 million. The gain was 92.5 percent in a little over four years, on an identical floor.
A pair like that is one data point, and renovation between the two sales likely carried part of the gain. It still brackets the repricing of Singer Island's boutique oceanfront stock better than any median built from mixed unit sizes. Our second-quarter island report measures the same repricing from the top of the market down.
- Open circles are asking figures
- Filled squares are the recorded sales
Beaches MLS listing history for the one residence. The open circles mark asking figures and the filled squares mark its two recorded closings.
The Campaigns Open Now
Two campaigns are running at the building as of October 2, 2026, and one of them is a live test of the record. Unit 9B set the window's $4.5 million top in January 2023. The same floor returned to market in June 2026 asking $4.75 million and went under contract within a month. A closing near that figure would reset the building's recorded high. The contract price stays private until the deed records, so the test resolves on the closing date, not before.
The other is unit 6A, asking $3.8 million since early August. Against a ledger whose middle sits at $823 per square foot, that campaign asks $934, a premium the record has paid only twice. In a thirty-eight home building, the listed inventory is also never the whole story. The building page notes that some Oasis sales are agreed before a public listing, and Compass Private Exclusives is one of the channels where that happens. Buyers can start with our buyer services, and owners weighing the pending result can start with a valuation.
Bottom Line
The Oasis ledger is short, slow and unusually legible. One floor plan has recorded nine prices in five and a half years. The spread between them is the island's boutique market in miniature: a low in 2021, a peak in early 2023 and a softer, slower 2026. The next entry will come from unit 9B's pending contract, which is asking $4,750,000.
For anyone weighing a full floor at the Oasis: The nine recorded prices matter more than the two asking prices. Tell us which line you want pulled, and the desk will run it against the record.
Recorded sales come from Beaches MLS closed sales at 3920 N Ocean Drive in our Singer Island town export, January 2021 through June 2026. Records are deduplicated on address, closing date and price. The export window opens in January 2021, so earlier closings at the building are outside this ledger, and the building's 2004 to 2020 history is not restated here. Per square foot figures divide the recorded closing by the 4,069 square feet the feed records for every residence. Of asking compares each closing to its final asking price. Days on market runs on the Beaches MLS clock. Open campaigns and their statuses come from our local MLS database, synced October 2, 2026. Closings recorded outside the feeds we hold would not appear here, so counts are floors, not ceilings.
Building facts, the twin-tower layout and the one-residence-per-floor plan restate our live Oasis building page. Tier placement restates our 2025 Singer Island market report, and that tier spans four buildings rather than this one alone. The gain on unit 2B is a single pair and may include renovation between the sales. Nothing here is a projection of resale value, and a pending contract's price is unknown until it records. We work with buyers and sellers as a transaction broker.
This is market data and public record analysis, not investment advice.
Beaches MLS via the Singer Island export, closed sales at 3920 N Ocean Drive, January 2021 through June 2026.
Local MLS database (Beaches MLS records), open and pending campaigns at the building, synced October 2, 2026.
palmbeachluxury.com Oasis building page: specifications, policies and the live market table, read October 2, 2026.
Palm Beach Luxury: the Singer Island luxury market report 2025 and the second-quarter 2026 island report.
