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345 Ocean Dr # 718, Miami Beach FL 33139

Condo/Co-op For Sale
$374,999

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ETH: 235.15479498

-$20K (2026/03/30)
136 days
Waterfront
1 ba
407 sqft

Overview

Wake up to ocean views this winter in the heart of South of Fifth, Miami Beach’s most coveted oceanfront neighborhood. This light-filled studio offers a rare NE ocean view from a private balcony, creating an ideal coastal retreat just steps from the sand. The unit is thoughtfully designed for comfort and efficiency, kitchen equipped with smart appliances, Nest thermostat with central A/C and heat, new impact windows, brand-new flooring, and a sleek modern bath. Smart home features keep owners connected effortlessly, whether you’re home or away. Newly installed expansive sliding glass doors bring in natural light and ocean breezes, seamlessly connecting the living space to the freshly renovated balcony. Own 1 of 10 Studios available in the building, keeping your monthly maintenance expenses the lowest. The building recently completed major capital improvements, including the exterior, balconies, roof, pool deck with shower, fitness center, and a gated backyard fence around the landscaped beachfront grounds with footbath. Additional enhancements are part of the building’s long-term modernization plan, including renovated spa-style gym/pool bathrooms and saunas. Enjoy direct beach access and walkable proximity to South Pointe Park and South of Fifth’s celebrated dining scene, including Joe’s Stone Crab, Carbone, and Smith & Wollensky. A rare opportunity to own a smart, oceanfront residence in South of Fifth — perfect as a pied-à-terre, beach escape, or refined full-time home.

Location

Details

Type:
Residential
Parking:
Other / On Street
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$921
Cooling:
Central Air
HOA:
$884

Valuation

Our model vs. what's actually selling nearby.
Estimate
$250,000
$207K – $364K
Confidence Low
List vs. estimate
$124K above estimate
List $374,999 · +50.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$921
+52.6% vs. city median $603
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,819
2025
HOA
$884/mo
View
Ocean View, Water View
Waterfront
Ocean Access, Ocean Front
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Range

    • Refrigerator

    Other interior features

    • Lobby

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Other

    • On Street

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-118-1310

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $884

    • HOA Frequency: Monthly

    • Annual tax amount: $4,819

  • Source details

    • MLS ID: A11965700

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Window Features: High Impact Windows

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Living Area: 407

    • 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: Compass Florida, LLC