158 Ocean Dr 406, Miami Beach, FL 33139

1 bath |
400 sqft

Condominium
Built in 1961
—— sqft lot
—— car garage
$665/sqft
Listed 15 days ago

Property 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.

Listing Status:: Active
Date Added:: September 15, 2025 at 05:00AM
Listing Office:: Marela Properties, LLC : 786-282-3992
Listing Agent:: Martin Urruela : 305-439-5299
MLS ID:: A11883843

General: First Floor Entry
Appliances: Gas RangeRefrigerator
Laundry: Common Area
Flooring: Ceramic Floor
A/C: Wall/Window Unit(s)
Heating: Window/Wall

General: Exterior Cat Walk
Parking: CoveredParking-Under BuildingSpace Rented

General: CBS Construction

HOA Amenities: LaundryCommunity RoomElevator(s)Exterior Lighting2943.0Quarterly
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: OCEAN BEACH FLA SUB PB 2-38 LOT 1 BLK 2 OCEAN TOWERS INC - CO-OP #406 4.86% OF OWNERSHIP OR 19573-2068 0301 502-42-03-077-0200
View: Garden View

Source: Miami Association of REALTORS®

This listing courtesy of Martin Urruela, Marela Properties, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

South Pointe Elementary School

1050 4th St, Miami Beach, FL, 33139

Grades PK-5

0.41 miles away

Amikids Miami-Dade South

1820 Arthur Lamb Jr Rd, Key Biscayne, FL, 33149

Grades 6-12

2.69 miles away

Miami Beach Senior High School

2231 Prairie Ave, Miami Beach, FL, 33139

Grades 9-12

2.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.