345 Ocean Dr # 424, Miami Beach FL 33139 | Miami-Dade County | A12016035
  • $475,000

Description

This beautifully updated 1-bedroom, 1-bath residence truly has it all—ocean views, an oversized balcony, covered parking, and a prime location in a newly renovated oceanfront building in highly desirable South of Fifth. Featuring tile floors throughout, a modern kitchen with new cabinetry, granite countertops, and stainless appliances, generous closet space with room for a washer/dryer (which is allowed), central A/C, impact windows and sliding glass door, and assigned covered parking. Enjoy northeast-facing ocean views from the spacious oversized balcony. The oceanfront building has recently completed an extensive renovation including a new exterior, new roof, new elevators, new oceanfront patio with heated pool, new ocean view fitness center, and new lobbies and building entrance are underway- with all assessments paid by Seller! Excellent tenant in place through 12/3/2026, making this a great opportunity for both end users and investors.

Property Overview

This 1-bedroom, 1-bathroom condo at Ocean Point offers a well-maintained, updated layout with 654 square feet of living space. Located at 345 Ocean Dr #424, the unit features tile flooring throughout, a modern kitchen with new cabinetry, granite countertops, and stainless steel appliances. Impact windows and a sliding glass door provide energy efficiency and access to the oversized balcony with northeast-facing ocean views. The residence also includes generous closet space, a washer/dryer setup permitted in the unit, and central air conditioning. Assigned covered parking is included, and the building offers an oceanfront patio with a heated pool and an ocean-view fitness center. The Ocean Point building has recently undergone a major renovation, including a new exterior, roof, elevators, and pool area, with new lobbies and building entrance renovations currently underway. All assessments related to these improvements have been paid by the seller. A long-term tenant is in place through December 3, 2026, making this unit well-suited for both primary residence and investment opportunities. The property is in the South of Fifth neighborhood of Miami Beach, known for its convenient access to the beach, shopping, dining, and culture. For more information or to schedule a visit, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does the unit have?

The unit has 1 bedroom and 1 full bathroom.

What is the square footage of the living area?

The living area is 654 square feet.

What is included in the HOA fee?

The HOA fee of $945 includes amenities such as the oceanfront heated pool, fitness center, elevators, building common areas, and other building services.

Is there parking included?

Yes, the unit includes assigned covered parking.

Are there any existing tenants in the unit?

Yes, there is an excellent tenant in place through December 3, 2026.

What recent renovations has the building completed?

The building has recently completed an extensive renovation including a new exterior, new roof, new elevators, a new oceanfront patio with heated pool, and a new ocean view fitness center. New lobbies and building entrance are also underway.

Monthly Fees & Carrying Costs

Association Fee $945 / month
Total Monthly Fees $945 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

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  • Address: Ocean Dr
  • City: Miami Beach
  • Zip/Postal Code: 33139

Details

Updated on July 3, 2026 at 3:40 pm
  • Property ID A12016035
  • Price $475,000
  • Property Size 654 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Year Built 1970
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Waterfront Features Ocean Access, Ocean Front
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building Ocean Point
  • Association Fee Frequency Monthly
  • Area Ocean Point Condo
  • Annual Tax 6226
  • Association Yes
  • Elementary School South Pointe
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision OCEAN POINT CONDO
  • Total Stories 11
  • Restrictions Ok To Lease
  • Amenities Barbecue, Bike Storage, Laundry, Community Room, Elevator(s), Exercise Room, Trash Chute
  • Parking 1 Space, Assigned, Covered
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Covered Spaces 1
  • Unit Floor 4
  • View Ocean View
  • Year Built Details Resale
  • Pets Allowed No
  • Attached Yes
  • Unit Number 424
  • Inclusions Unrestricted Salt Water Access, Beach,Beach Access
  • Half Bathrooms 0
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 945
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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