Condo (co-op) in 158 Ocean Drive 203, Miami Beach, FL 33139 for sale with MLS# A12085617
Location, Location, Location. Studio on iconic Ocean Drive in the highly desirable South of Fifth neighborhood. Ideally located just steps from world-class dining, nightlife, shopping, parks, and directly across from the beach.The building offers covered parking, with spaces available for rent through the HOA, and has recently completed its 40-year recertification. No pets permitted.An excellent income-producing opportunity, the unit is currently rented for $1,800/month. The building allows rentals immediately after purchase; short-term rentals and Airbnb are not permitted.The owner is also offering an additional unit in the building for sale, providing a potential opportunity to acquire multiple units.Showings are available Monday through Friday, 10:00 AM-6:00 PM, with 24-hour notice. Please contact the owner/agent to schedule.
158 Ocean Drive 203, Miami Beach, FL 33139
- Price:
- $270,000.00
- Original List Price:
- $270,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $675.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Co-Op Stock Cooperative
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 1, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Combo Tub/shower, Bedroom On Entry Level
- Living Area:
- 400 Sqft
- Built-Up Area:
- 400 Sqft
- View from the Property:
- Garden, Skyline
- Waterfront:
- No
- Security:
- Secured Garage/Parking, Security Fence, Elevator Secure
- Accessibility:
- Accessible Elevator Installed
- Appliances:
- Refrigerator, Gas Range, Gas Water Heater, Ice Maker
- Exterior:
- Lighting
- Patio and Porch:
- Porch, Porch - Open
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Unit Description:
- Corner/end Unit, Exterior Catwalk, Studio
- Storm Protection Impact Glass:
- Partial
- Year Built:
- 1961
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Ceramic Tile
- Number of stories:
- 4
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $2,729.00
- Tax Year:
- 2025
- Association Fee:
- $2,890.00
- Association Fee Frequency:
- Quarterly
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Covered, Under Building, Space Rented
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval, Association Approval Required
- Association Type:
- Homeowner Association, Co-op
- Lease Number Times per Year Allowed:
- 2
- Amenities Provided by the Homeowner's Association (HOA):
- Community Room, Laundry, Management, Elevator(s)
- Subdivision Name:
- OCEAN BEACH FLA SUB
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Maintenance Structure, Common Areas, Elevator, Reserve Funds, Roof Repairs
- Senior Community:
- Yes
- Restrictions:
- Other Restrictions
- Minimum Days per Lease:
- 365
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease During First Year
- Listing Terms Considered by Seller:
- Cash, Conventional, VA Loan
- Buyer Possession:
- Close Of Escrow
- 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):
- 0242030770030
- Elementary School:
- Dr. Phillips Elem
- High School:
- Miami Beach
- Middle Or Junior School:
- Miami Beach Nautilus
- Active on the market since:
- September 1, 2026
- Listing Agreement executed on:
- September 1, 2026
- Listing Status Last Changed On:
- September 1, 2026 4:00 am
- Photos updated on:
- September 11, 2026 3:05 pm
- Last Modified:
- September 11, 2026 3:05 pm
- Courtesy of:
- Marela Properties, LLC
- Attribution:
- Not provided
- Floor Number:
- 2
- Street Name:
- Ocean
- 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''
- Street Suffix:
- Drive

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Neighborhood Stats
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