Condo in 301 Ocean Drive 402, Miami Beach, FL 33139 for sale with MLS# A12113008

Oceanfront living in coveted South of Fifth with income in place. Residence 402 at Ocean Park is a bright, open 640 sq ft studio with protected south-facing park views. Polished concrete floors, an exposed concrete column, and crisp white cabinetry create a modern-industrial, light-filled space. The kitchen offers a stainless refrigerator, smooth-top cooktop, built-in oven, and ample storage, plus a window counter that seats three for dining or work. A built-in credenza and tall wardrobe add rare studio storage. Also features an updated bath, in-unit washer and dryer, central A/C, and a private balcony overlooking the treetops. Ocean Park is a boutique six-story, 45-residence building on the beach, built in 1967, with its 50-year recertification complete. Enjoy direct beach access, the beachwalk, keypad entry, cameras, an elevator, and one assigned covered, gated parking space plus guest parking. No pool or gym; fitness options are within walking distance. Rental policy: 6-month minimum lease, no leasing in the first year of ownership, association approval required for tenants, no pets. Leased at $3,200/month through 12/22/2026. The tenant would like to stay, so an investor can renew and keep income from day one, or the tenant can vacate on 12/22. Walk to the park, pier, marina, Ocean Drive, and South of Fifth dining, with Lincoln Road, the Art Deco District, Downtown, and Brickell minutes away.

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301 Ocean Drive 402, Miami Beach, FL 33139

Price
Price:
$675,000.00
Original List Price:
$675,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,054.68
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
October 23, 2026 4:00 am
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Shower
Dining Area:
Eat-in Kitchen, Breakfast Area
Measures
Living Area:
640 Sqft
Built-Up Area:
640 Sqft
Property Features
View from the Property:
Garden
Waterfront:
Yes
Waterfront Features:
Ocean Access, Ocean Front, Other
Security:
Entry - Phone/intercom
Appliances:
Dryer, Microwave, Refrigerator, Washer, Ice Maker, Oven
Interior:
Built-in Features
Exterior:
Lighting
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Unit Description:
High Rise, Exterior Catwalk, Garden Apartment, Studio
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1967
Levels:
Two
Construction Materials:
Block
Flooring:
Concrete
Number of stories:
6
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$9,743.00
Tax Year:
2025
Association Fee:
$800.00
Association Fee Frequency:
Monthly
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Attached, Covered, Guest, Under Building, Attached Garage
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval, Association Approval Required
Association Type:
Condominium
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Trash Chute, Laundry, Management, None, Elevator(s), Parking
Building Name:
301
Subdivision Name:
OCEAN PARK CONDOMINIUM IN
Association Fee Includes:
Sewer, Water, Trash, Maintenance Structure, Insurance, Hot Water, Legal/accounting, Elevator, Reserve Funds
Senior Community:
No
Development Name:
Ocean Park
Minimum Days per Lease:
181
Other Leasing Restrictions:
Leasing Prohibited 1st 2 Years
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Cryptocurrency
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
OCEAN PARK CONDOMINIUM INC APT 402 FOURTH FL UNDIV 2.08% INT IN COMMON ELEMENTS CLERKS FILE 67R 161510 OR 18943-3842 1299 1
Real Estate Folio Number (Parcel Number):
0242030570200
Public Schools Assigned
Elementary School:
Miami Beach South Pointe
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
October 23, 2026
Listing Agreement executed on:
October 23, 2026
Listing Status Last Changed On:
October 23, 2026 4:00 am
Photos updated on:
October 26, 2026 6:07 pm
Last Modified:
October 26, 2026 7:10 pm
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Location
Floor Number:
4
Street Name:
Ocean
Street Number:
301
Unit Number:
402
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 19.4''
Longitude:
W81° 52' 5.5''
Street Suffix:
Drive
Property Map

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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
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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.