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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 18 2025 AT 2:37 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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158 Ocean Dr 203

miami beach, FL 33139

$285,000

  • 1 BA
    APPROX. 400 SF

INTERESTED? LET'S CONNECT

Studio on famous Ocean Dr. in the coveted South of 5th St. neighborhood. Walking distance to everything South Beach can offer: night clubs, bars, fine dining, shopping centers, houses of worship, parks, and most importantly the unit is right across from the beach. Perfect income producing investment property. Unit is currently rented at $1800. Association allows rentals the same year after purchase. No short term rentals allowed (Airbnb). Building has its own covered parking lot, but spaces are rented by the HOA. No pets allowed. Maintenance is paid quarterly. Building just obtained its 40 year recertification. CALL OWNER FOR SHOWINGS with 24 hour prior notice, Mon-Fri 10am-6pm. Owner has 2 other units in the building for sale.

Details

400 Sq Ft

Co-op

$2,262 Quarterly Maintenance/CC

$2,551 Annual Tax

Built in 1961

MLS/Listing ID A11609761

OCEAN TOWERS INC

4 Stories

21 Units

Amenities & Features

Parking - Underground

Parking - Rented

Wrap Around

Gas Range

Association - Laundry

Parking - Covered

Common Area

Elevator

Heating - Wall Units

Exterior Cat Walk

Association - Community Room

Listing Courtesy of MARELA PROPERTIES, LLC, MARTIN URRUELA - 305-439-5299

MIAMIRE

Source of Data: MIAMI ASSOCIATION OF REALTORS

Interested in 158 Ocean Dr 203?