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345 Ocean Dr # 705, Miami Beach FL 33139

Condo/Co-op Active With Contract
$499,000

BTC: 6.51776385

ETH: 221.77777778

24 days
Waterfront
1 bds
2 ba
662 sqft

Overview

South Beach Oceanfront: Corner Residence in the Coveted South of Fifth neighborhood with den & 2 full bathrooms! This beautifully remodeled corner residence offers the perfect combination of luxury, style, and flexibility in one of South Beach’s most desirable neighborhoods. Thoughtfully redesigned with modern finishes throughout, the home features elegant porcelain tile flooring, an open-concept kitchen with integrated appliances, and 2 beautifully updated full bathrooms. A unique second room adds exceptional versatility and can be used as a private home office, oversized luxury closet, den, or even a cozy guest room—an uncommon feature that makes this residence stand out. Enjoy the convenience of in-unit washer and dryer, along with the lifestyle amenities of this completely updated oceanfront building (building just completed a full renovation including building exterior, new elevators, new impact windows and doors, new roof, and a new lobby that is nearly complete – all paid for by seller). Residents enjoy a heated oceanfront pool, beach service with two chairs and an umbrella, a new fitness center, sauna, and 24 hour security. Priced for a quick cash sale at the seller’s request, this is a rare opportunity to own a beautifully remodeled oceanfront residence in one of Miami Beach’s most coveted locations.

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$754
Cooling:
Central Air
HOA:
$945

Valuation

Our model vs. what's actually selling nearby.
Estimate
$320,000
$210K – $518K
Confidence Low
List vs. estimate
$179K above estimate
List $499,000 · +55.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$753
+24.3% vs. city median $606
Based on
722 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $104K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,143
2025
HOA
$945/mo
View
Ocean View, Skyline
Waterfront
Ocean Front
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Interior Hall

    • Closet Cabinetry

    • Walk-In Closet(s)

    • Den/Library/Office

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • On Street

    Property

    • Levels: 1

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-118-1190

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $945

    • HOA Frequency: Monthly

    • Annual tax amount: $6,143

  • Source details

    • MLS ID: A12101479

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass / Blinds / High Impact Windows / Impact Glass

    • Direction Faces: West

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Living Area: 662

    • Subdivision Name: OCEAN POINT CONDO,Ocean Point

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company