301 Ocean Dr Unit #402, Miami Beach, FL 33139

$675,000
1
BA
640
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$675,000
Days on Market
4
MLS#
A12113008
Year Built
1967
Bathrooms
1
Living Area
640
Building Name
Ocean Park

Property Description

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.

Additional Information

Taxes
$9,743
Hoa Fee
$800
Community Features
Ocean Park Condominium In
Property Description
Condo 5+ Stories, Condo
Interior Features
Built-in Features
Appliances
Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
Heating
Electric
Air Conditioning
Electric
Exterior Construction
Concrete Block Construction
Garage Spaces
1
Elementary School
South Pointe
Middle School
Nautilus
High School
Miami Beach

Listing Courtesy Of Compass Florida, LLC, Contact:

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks