Stock Cooperative

158 Ocean Dr # 407

158 Ocean Dr # 407, Miami Beach FL 33139

$267,000

For Sale

0 Beds · 1 Bath · 400 SqFt

See estimated monthly cost

This listing is courtesy of Marela Properties, LLC. Martin Urruela

Overview

Studio on iconic Ocean Dr. in the highly desirable South of Fifth neighborhood. Steps from world-class dining,nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity. Rentals allowed immediately after purchase (no short-term/Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including one next door. Showings Mon–Fri, 10am–6pm,with 24hr notice. Call owner/agent for showing.

Facts & features

Interior

Living area (sq ft)
400
Full bathrooms
1
Furnished
Unfurnished
  • 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
$2,943 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
$3,141
Tax year
2024
Parcel number
02-42-03-077-0210

Listing

MLS number
A12082656
Property type
Stock Cooperative
Price per SqFt
$668
Subdivision
OCEAN BEACH FLA SUB
On market since
Jul 1, 2026
Days on market
63

Estimated monthly cost

$2,793 per month

Principal & interest (30 yr)
$1,350
Property tax
$262
Insurance (estimated)
$200
Association fee
$981

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

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Nearby schools

  • BaseCamp 305 Jr Private · KG-KG · 0.36 mi
  • South Pointe Elementary School Private · 01-10 · 0.38 mi
  • Miami Beach South Pointe Elementary Public · PK-5 · 0.42 mi
  • Fisher Island Day School Private · PK-08 · 0.75 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.95 mi

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