Stock Cooperative
158 Ocean Dr # 203
158 Ocean Dr # 203, Miami Beach FL 33139
$270,000
0 Beds · 1 Bath · 400 SqFt
See estimated monthly costThis listing is courtesy of Marela Properties, LLC. Martin Urruela
Overview
Location, Location, Location. Studio on iconic Ocean Drive in the highly desirable South of Fifth neighborhood. Ideally located just steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. The building offers covered parking, with spaces available for rent through the HOA, and has recently completed its 40-year recertification. No pets permitted. An excellent income-producing opportunity, the unit is currently rented for $1,800/month. The building allows rentals immediately after purchase; short-term rentals and Airbnb are not permitted. The owner is also offering an additional unit in the building for sale, providing a potential opportunity to acquire multiple units. Showings are available Monday through Friday, 10:00 AM–6:00 PM, with 24-hour notice. Please contact the owner/agent to schedule.
Facts & features
Interior
- Living area (sq ft)
- 400
- Full bathrooms
- 1
- First Floor Entry
Building & exterior
- Year built
- 1961
- Garden View
- Skyline
- Exterior Cat Walk
- Covered
- Parking-Under Building
- Space Rented
HOA (homeowners association)
- Association fee
- $2,890 per quarter
- Pets allowed
- No
- Laundry
- Community Room
- Elevator(s)
- Exterior Lighting
- Exterior Alterations
- No Daily Rentals
- Okay To Lease 1st Year
- No
Taxes
- Annual tax
- $2,729
- Tax year
- 2025
- Parcel number
- 02-42-03-077-0030
Listing
- MLS number
- A12085617
- Property type
- Stock Cooperative
- Price per SqFt
- $675
- Subdivision
- OCEAN BEACH FLA SUB
- On market since
- Sep 1, 2026
- Days on market
- 7
Estimated monthly cost
$2,759 per month
- Principal & interest (30 yr)
- $1,365
- Property tax
- $227
- Insurance (estimated)
- $203
- Association fee
- $963
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- BaseCamp 305 Jr
- South Pointe Elementary School
- Miami Beach South Pointe Elementary
- Fisher Island Day School
- Lubavitch Educational Center - Yeshiva Gedolah
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