$275,000

For sale

158 Ocean Dr #406, Miami Beach FL 33139

0 beds1 baths400 sq ftBuilt 1961MLS# A12085601

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About 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.

Property details

Property type
Condo
Year built
1961
Living area
400 sq ft
Price per sq ft
$688
HOA fee
$2,890/mo
Property taxes
$3,267/yr
Floors in building
4
Building / community
Ocean Beach Fla Sub
Status
For sale
MLS #
A12085601

Listing courtesy of Marela Properties, LLC.

Location

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