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345 Ocean Dr # 424, Miami Beach FL 33139

Condo/Co-op For Sale
$475,000

BTC: 5.86419753

ETH: 193.95671703

117 days
Waterfront
1 bds
1 ba
654 sqft

Overview

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, new tankless water heater, 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.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Covered
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$726
Cooling:
Central Air
HOA:
$945

Valuation

Our model vs. what's actually selling nearby.
Estimate
$320,000
$210K – $545K
Confidence Low
List vs. estimate
$155K above estimate
List $475,000 · +48.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$726
+21.0% vs. city median $600
Based on
664 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $504K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,226
2025
HOA
$945/mo
View
Ocean View
Waterfront
Ocean Access, Ocean Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • Interior Hall

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    • Covered

    Property

    • Levels: 1

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-118-0620

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $945

    • HOA Frequency: Monthly

    • Annual tax amount: $6,226

  • Source details

    • MLS ID: A12016035

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

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

    • Direction Faces: Northeast

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 654

    • Subdivision Name: OCEAN POINT CONDO

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