Active MLS listing

301 Ocean Dr #402

For sale · $675,000 · Miami Beach · FL

Listing details

Address: 301 Ocean Dr 402
Price: $675,000
Status: Active for sale
Bedrooms: 0
Bathrooms: 1
Living area: 640 sq ft
Year built: 1967
Association fee: $800/month
Days on market: 16

Listing courtesy of Compass Florida, LLC. mlsfl@compass.com

Listing information provided by the MLS. Details and availability can change.

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Listing 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.