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158 Ocean Dr # 407, Miami Beach FL 33139

House Active With Contract
$267,000

BTC: 3.29629630

ETH: 109.02409147

1 days
1 ba
400 sqft

Overview

Studio on iconic Ocean Dr. in the highly desirable South of Fifth neighborhood. Steps from world-class dining,nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity. Rentals allowed immediately after purchase (no short-term/Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including one next door. Showings Mon–Fri, 10am–6pm,with 24hr notice. Call owner/agent for showing.

Location

Details

Type:
Residential
Parking:
Covered / Parking-Under Building / Space Rented
Year Built:
1961
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$668
Cooling:
Wall/Window Unit(s)
HOA:
$2,943

Valuation

Our model vs. what's actually selling nearby.
Estimate
$175,000
$139K – $219K
Confidence Low
List vs. estimate
$92K above estimate
List $267,000 · +52.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$667
-33.7% vs. city median $1,006
Based on
26 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,141
2024
HOA
$2,943/qtr
View
Garden View, Skyline
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Gas Range

    • Refrigerator

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Covered

    • Parking-Under Building

    • Space Rented

    Property

    • Exterior Features: Exterior Cat Walk

    Other Property Information

    • Parcel Number: 02-42-03-077-0210

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Stock Cooperative

  • Other financial information

    • HOA: $2,943

    • HOA Frequency: Quarterly

    • Annual tax amount: $3,141

  • Source details

    • MLS ID: A12082656

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Porch

    • Architectural Style: Corner Unit

    • Living Area: 400

    • Subdivision Name: OCEAN BEACH FLA SUB

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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Market around this address

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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: Marela Properties, LLC