Condo (co-op) in 158 Ocean Dr 406 Miami Beach for sale with MLS# A11883843
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-currently rented at $1,800/month. 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.
158 Ocean Dr 406, Miami Beach, FL 33139
Price
- Price:
- $266,000.00
- Original List Price:
- $266,000.00
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential
- Property Type:
- Co-Op Stock Cooperative
- MLS Number:
- A11883843
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 23, 2025 8:17 pm
Rooms Distribution
- Bathrooms Total:
- 1
- Full Bath:
- 1
Measures
- Living Area:
- 400 Sqft
- Built-Up Area:
- 400 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- Garden
- Waterfront:
- No
- Security:
- Elevator Secured, Complex Fenced, Secured Garage/Parking
- Furnished:
- Unfurnished
- Appliances:
- Refrigerator, Gas Range
- Interior:
- First Floor Entry
- Exterior:
- Security/high Impact Doors, Porch
- Patio and Porch:
- Open, Porch
- Laundry:
- Common Area
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Wall Furnace
- Building:
- Exterior Lighting
Construction
- Year Built:
- 1961
- Year Built Details:
- Effective Year Built
- Entry Level (floor):
- 4
- Entry Level Location:
- 4
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 4
Taxes and Expenses
- Tax Annual Amount:
- $3,141.00
- Tax Year:
- 2024
- Association Fee:
- $2,943.00
- Association Fee Frequency:
- Quarterly
- Property Tax Status:
- Tax Reflects No Exemptions
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Covered, Underground, Leased
Community
- Amenities Provided by the Homeowner's Association (HOA):
- Clubhouse, Laundry, Elevator(s)
- Subdivision Name:
- OCEAN BEACH FLA SUB
- Association Fee Includes:
- Maintenance Grounds, Roof, Sewer, Water, Maintenance Structure, Common Areas, Association Management, Reserve Fund, Laundry
- Complex Name:
- Ocean Towers
- Senior Community:
- No
- Restrictions:
- Exterior Alterations, Okay to Lease During First Year of Ownership
Terms
- Disclosures:
- Owner Is Listing Agent
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Call Agent
- Buyer Possession:
- Close Of Escrow
- Lease Considered:
- No
Zoning and Legal
- Tax Legal Description:
- OCEAN BEACH FLA SUB PB 2-38 LOT 1 BLK 2 OCEAN TOWERS INC - CO-OP #406 4.86% OF OWNERSHIP OR 19573-2068 0301 5
- Real Estate Folio Number (Parcel Number):
- 02-42-03-077-0200
Listing History
- Originally published on:
- September 23, 2025 8:17 pm
- Active on the market since:
- September 15, 2025
- Price change occurred on:
- September 23, 2025 8:17 pm
- Listing Status Last Changed On:
- September 23, 2025 8:17 pm
- Photos updated on:
- September 24, 2025 12:32 am
- Last Modified:
- September 28, 2025 11:19 pm
Additional Information
- Unit View:
- Garden View
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- Exterior Cat Walk
- Type of Association:
- Homeowners
- Minimum Number of Days per Lease:
- 180
- Type of Governing Bodies of the Association:
- Co-Op
- Number of Times Leased per Year:
- 2
- Flood Zone:
- AE
- Application Fee:
- $150.00
- Style:
- Co-Op 1-4 Stories
- Municipal Code:
- 2
- Subdivision Number:
- 77
- Courtesy of:
- Marela Properties, LLC
- Attribution:
- Not provided
Location
- Street Name:
- Ocean Dr
- Street Number:
- 158
- Unit Number:
- 406
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 14.6''
- Longitude:
- W81° 52' 0.9''
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$63,368
Median Home Value
$480,500
Median Rent
$1,745/mo
Median Age
42
Population
34,406
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
51
Moderate
☀️ O3
51
Moderate
🫁 PM2.5
44
Good
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