Oceanfront studio located in South of Fifth, the most expensive section of Miami Beach. Great investment property. NO RENTAL RESTRICTIONS. DAILY RENTALS ALLOWED. Rents from $90-$130/night, up to $250/night during high season and holidays. Direct beach acc ess. Walking distance to of all the excitement South Beach has to offer; beach,restaurants, nightclubs and shopping. Ocean Walk building offers pool, hottube, elevator and laundry facility.