Condo (co-op) in 158 Ocean Dr 203 Miami Beach for sale with MLS# A11883849

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, side by side, on the 4th floor. Showings Mon-Fri, 10am-6pm,with 24hr notice. Call owner/agent for showing.

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Days on the market

158 Ocean Dr 203, Miami Beach, FL 33139

Price
Price:
$263,000.00
Original List Price:
$263,000.00
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:
A11883849
Description of Last Important Update:
New Listing
Last Major Update on:
September 23, 2025 8:34 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
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):
2
Entry Level Location:
2
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
4
Taxes and Expenses
Tax Annual Amount:
$2,725.00
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 #203 4.03% OF OWNERSHIP OR 13248-2980-2981 0487 1
Real Estate Folio Number (Parcel Number):
02-42-03-077-0030
Listing History
Originally published on:
September 23, 2025 8:34 pm
Active on the market since:
September 15, 2025
Price change occurred on:
September 23, 2025 8:34 pm
Listing Status Last Changed On:
September 23, 2025 8:34 pm
Photos updated on:
September 24, 2025 12:44 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:
203
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) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.