OCEAN BEACH FLA SUB

158 Ocean Dr # 203, Miami Beach FL 33139

1 baths · 400 ft²

For Sale · Active Listing

$270,000

Est. Payment $1,437/mo

MLS Sheet Video

1

Bathrooms

400

Sq. Ft.

1961

Year Built

4

Stories

10

Days on Market

Description

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

MLS#
A12085617
Subdivision
OCEAN BEACH FLA SUB
Property Type
Residential
Property Sub Type
Stock Cooperative
Year Built
1961
Lot Size
0 sqft
Sq. Ft.
400 ft²
Sq. Mt.
37 m²
Price per sq. ft.
$675/ft²
Price per sq. mt.
$7,297/m²
Stories
4
Garage
Pool
Days on Market
10 days
Listed
Sep 1, 2026
Last Updated
Sep 11, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

64

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/11/2026Listed for sale$270,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

158 Ocean Dr # 203, Miami Beach FL 33139Directions

Estimated Monthly Payment

$1,812/mo

Principal & Interest

$1,437

Property Tax

$225

Insurance

$150

HOA

$0

20% ($54,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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