Condominium

301 Ocean Dr # 402

301 Ocean Dr # 402, Miami Beach FL 33139 Get directions

$675,000

For Sale New — 3 days on market

0 Beds · 1 Bath · 640 SqFt

See estimated monthly cost

This listing is courtesy of Compass Florida, LLC. Joanne Jones

Overview

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.

Facts & features

Interior

Living area (sq ft): 640
Full bathrooms: 1

Built-in Features

Building & exterior

Year built: 1967
Garage spaces: 1
Covered spaces: 1
Waterfront: Yes

Garden View
Ocean Access
Ocean Front
Exterior Cat Walk
1 Space
Covered
Guest
Parking-Under Building

HOA (homeowners association)

Association fee: $800 per month
Pets allowed: No

Laundry
Elevator(s)
Exterior Lighting
None
Trash Chute
No Lease-1st Year Owned
No

Taxes

Annual tax: $9,743
Tax year: 2025
Parcel number: 02-42-03-057-0200

Assigned schools

Elementary: South Pointe
Middle: Nautilus
High: Miami Beach

Listing

MLS number: A12113008
Property type: Condominium
Price per SqFt: $1,055
Subdivision: OCEAN PARK CONDOMINIUM IN,Ocean Park
On market since: Oct 23, 2026
Days on market: 3

Estimated monthly cost

$5,531 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $3,413
Property tax: $812
Insurance (estimated): $506
Association fee: $800

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

Show nearby schools

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Nearby schools

BaseCamp 305 Jr Private · KG-KG · 0.35 mi
South Pointe Elementary School Private · 01-10 · 0.41 mi
Miami Beach South Pointe Elementary Public · PK-5 · 0.44 mi
Fisher Island Day School Private · PK-08 · 0.86 mi
Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.91 mi
Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.97 mi
Miami Beach Adult & Community Education Center Public · 0 · 0.98 mi

$649,000 View details

Price increase: $10,000 (+1.6%)

London Foster Realty

For Sale

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1 Bed · 1 Bath · 437 Sq Ft

$0/mo HOA

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Price increase: $32,422 (+4.8%)

BHHS EWM Realty

For Sale

250 Collins Ave # 104, Miami Beach FL 33139

1 Bed · 1 Bath · 444 Sq Ft

$0/mo HOA

$715,000 View details

BHHS EWM Realty

For Sale

465 Ocean Dr # 419, Miami Beach FL 33139

1 Bed · 1 Bath · 654 Sq Ft

$702/mo HOA

$595,000 View details

Douglas Elliman

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