158 Ocean Dr # 407, Miami Beach FL 33139 | Miami-Dade County | A11883830

$267,000

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.

Address

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Address: Ocean Dr
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33139
Area: OCEAN BEACH FLA SUB

Details

Updated on September 23, 2025 at 11:54 pm

Property ID A11883830
Price $267,000
Property Size 400 Square Feet
Bedroom 0
Bathroom 1
Garage 0
Year Built 1961
Type Stock Cooperative
Property Status Residential

Additional details

ArchitecturalStyle Corner Unit
AssociationAmenities Laundry, Community Room, Elevator(s), Exterior Lighting
AssociationFee 2943
AssociationFeeFrequency Quarterly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 400
BuildingAreaUnits Square Feet
BuildingName Ocean Towers
CarportSpaces 0
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-09-15
Cooling Wall/Window Unit(s)
CoveredSpaces 0
DaysOnMarket 9
DoorFeatures High Impact Doors
EntryLevel 4
ExpirationDate 2026-09-14
Flooring Ceramic Floor
Furnished Unfurnished
Heating Window/Wall
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Common Area
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-282-3992
ListAgentEmail martinurruela@gmail.com
ListAgentFullName Martin Urruela
ListAgentKey 6b8056781aa5f325bf216b84ae7247c9
ListAgentMlsId 3226725
ListAgentOfficePhone 786-282-3992
ListAgentStateLicense 3258808
ListOfficeKey ec62a27ef3e432fcf3c098314811334c
ListOfficeMlsId MPLL01
ListOfficeName Marela Properties, LLC
ListOfficePhone 786-282-3992
ListingAgreement Exclusive Agency
ListingContractDate 2025-09-15
ListingKey 7d2eed5c777d797cd59a52ebb6a7c353
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Ocean Beach Fla Sub
MajorChangeTimestamp September 23, 2025 at 11:41pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp September 24, 2025 at 05:00am
NumberOfUnitsInCommunity 21
NumberOfUnitsTotal 21
OnMarketDate 2025-09-15
OriginalEntryTimestamp September 23, 2025 at 11:41pm
OriginalListPrice 267000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 02-42-03-077-0210
ParkingFeatures Covered, Parking-Under Building, Space Rented
PatioAndPorchFeatures Open Porch
PetsAllowed No
PhotosChangeTimestamp September 23, 2025 at 11:59pm
PhotosCount 5
PostalCodePlus4 7237
PriceChangeTimestamp September 23, 2025 at 11:41pm
PublicSurveyRange 42
PublicSurveySection 3
PublicSurveyTownship 42
RoomsTotal 0
SecurityFeatures Complex Fenced, Elevator Secure, Secured Garage/Parking
ShowingContactType Owner
ShowingInstructions Call Owner, See Broker Remarks
SourceSystemKey 420951686
StateOrProvince FL
StatusChangeTimestamp September 23, 2025 at 11:41pm
StoriesTotal 4
StreetName Ocean Dr
StreetNumber 158
StreetNumberNumeric 158
StructureType Co-Op 1-4 Stories, Co-Op
SyndicationRemarks 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.
TaxAnnualAmount 3141
TaxLegalDescription OCEAN BEACH FLA SUB PB 2-38 LOT 1 BLK 2 OCEAN TOWERS INC - CO-OP #407 4.86% OF OWNERSHIP
TaxYear 2024
UnitNumber 407
View Garden View, Ocean View, Skyline
WaterfrontFeatures Ocean Access
YearBuiltDetails Effective Year Built