$675,000

301 Ocean Dr # 402, Miami Beach FL 33139

8 days on market

Bedrooms
0
Bathrooms
1
Living area
640 sqft
Price per sqft
$1,055
Type
Condominium
Year built
1967
HOA
$800/mo
Taxes
$9,743/yr
Waterfront
Yes
MLS #
A12113008

About this home

Oceanfront living in coveted South of Fifth with income in place. Residence 402 at Ocean Park is a bright, open 640 sq ft studio with protected south-facing park views. Polished concrete floors, an exposed concrete column, and crisp white cabinetry create a modern-industrial, light-filled space. The kitchen offers a stainless refrigerator, smooth-top cooktop, built-in oven, and ample storage, plus a window counter that seats three for dining or work. A built-in credenza and tall wardrobe add rare studio storage. Also features an updated bath, in-unit washer and dryer, central A/C, and a private balcony overlooking the treetops. Ocean Park is a boutique six-story, 45-residence building on the beach, built in 1967, with its 50-year recertification complete. Enjoy direct beach access, the beachwalk, keypad entry, cameras, an elevator, and one assigned covered, gated parking space plus guest parking. No pool or gym; fitness options are within walking distance. Rental policy: 6-month minimum lease, no leasing in the first year of ownership, association approval required for tenants, no pets. Leased at $3,200/month through 12/22/2026. The tenant would like to stay, so an investor can renew and keep income from day one, or the tenant can vacate on 12/22. Walk to the park, pier, marina, Ocean Drive, and South of Fifth dining, with Lincoln Road, the Art Deco District, Downtown, and Brickell minutes away.

Estimated subtotal

$1,612/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2025 annual tax, shown monthly
$812
HOAMLS association fee, monthly
$800

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

Miami Beach, 33139

What to check here

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Listing courtesy of Compass Florida, LLC

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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