$275,000
Stock CooperativeActive158 Ocean Dr # 406, Miami Beach FL 33139
MLS #A12085601About This Property
Location, Location, Location. Studio on iconic Ocean Drive in the highly desirable South of Fifth neighborhood. Ideally located just steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. The building offers covered parking, with spaces available for rent through the HOA, and has recently completed its 40-year recertification. No pets permitted. An excellent income-producing opportunity, the unit is currently rented for $1,800/month. The building allows rentals immediately after purchase; short-term rentals and Airbnb are not permitted. The owner is also offering an additional unit in the building for sale, providing a potential opportunity to acquire multiple units. Showings are available Monday through Friday, 10:00 AM–6:00 PM, with 24-hour notice. Please contact the owner/agent to schedule.
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Blue Mar Real Estate Group
About Miami Beach
Miami Beach is a barrier island city defined by its Art Deco Historic District, oceanfront condos, and year-round tourist energy along Ocean Drive, Lincoln Road, and Collins Avenue. The neighborhood ranges from the party-forward South Beach to quieter mid-Beach and North Beach pockets, plus the Faena District's newer luxury development on 32nd-36th streets. The city draws international buyers and second-home owners who want walkable beach living with full urban amenities.
Property Details
Property Type
Stock Cooperative
Year Built
1961
Living Area
400 sq ft
Bedrooms
0
Bathrooms
1
Pool
No
Waterfront
No
Cooling
Wall/Window Unit(s)
Heating
Window/Wall
Flooring
Ceramic Floor
Construction
CBS Construction
Style
Corner Unit
HOA Fee
$2,890 / Quarterly
Annual Taxes
$3,267 (2025)
Days on Market
7
MLS #
A12085601
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Location
City
Miami Beach
State
FL
ZIP Code
33139
County
Miami-Dade County
Subdivision
OCEAN BEACH FLA SUB
Listing provided by Martin Urruela at Marela Properties, LLC. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12085601.