Studio on iconic Ocean Dr. In the highly desirable South of Fifth neighborhood. Steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity—currently rented at $1,800 / month. Rental

158 OCEAN DR #407, Miami Beach

$267,000 USD 1
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Address158 OCEAN DR #407, Miami Beach
Building NameOcean Towers
Type of PropertyStock Cooperative
Price$267,000
Property StatusActive
MLS NumberA11883830
Full Bathrooms Number1
Living Area400
Year Built1961
Folio Number02-42-03-077-0210
Days on Market36

Detailed Description: Studio on iconic Ocean Dr. In the highly desirable South of Fifth neighborhood. Steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity—currently rented at $1,800 / month. Rentals allowed immediately after purchase (no short-term / Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including one next door. Showings Mon–Fri, 10am–6pm, with 24hr notice. Call owner / agent for showing.

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Waterfront
Pets Allowed

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address158 OCEAN DR
Section3
Zip Code (4 Digits)7237
Financial Information
Price$267,000
Price per Foot$0
Folio Number02-42-03-077-0210
Maintenance Charge Month$2,943
Association Fee PaidQuarterly
Association Fee$2,943
Tax Amount$3,141
Tax Year2024
Full Descriptions
Detailed DescriptionStudio on iconic Ocean Dr. In the highly desirable South of Fifth neighborhood. Steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity—currently rented at $1,800 / month. Rentals allowed immediately after purchase (no short-term / Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including one next door. Showings Mon–Fri, 10am–6pm, with 24hr notice. Call owner / agent for showing.
Property ViewGarden View, Ocean View, Skyline
Waterfront DescriptionOcean Access
Floor DescriptionCeramic Floor
Interior FeaturesFirst Floor Entry
Exterior FeaturesExterior Cat Walk
Furnished InformationUnfurnished
Equipment AppliancesGas Range, Refrigerator
AmenitiesLaundry, Community Room, Elevator (s), Exterior Lighting
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionWindow / Wall
Parking DescriptionCovered, Parking-Under Building, Space Rented
Pet RestrictionsNo
Property parameters
Full Baths Number1
Balcony Includes1
Living Area400
Year Built1961
Type of PropertyStock Cooperative
Building NameOcean Towers
Development NameOCEAN BEACH FLA SUB
Construction TypeCBS Construction
Listed withMarela Properties, LLC