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$275,000

  • For Sale
  • Active
  • Condo
  • 1 Full Bath
  • 400 Sq. Ft.
  • Updated 7 hours ago

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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.

Full Property Details for 158 Ocean #406

General

  • Price: $275,000
  • HOA FEE: $722
  • Taxes: $3,267 (2025)
  • Status: Active
  • Type: Condo
  • Source: Martin_County
  • MLS ID: A12085601
  • Updated: 9/8/2026
  • Added to Site: 8 day(s) ago

Interior

  • Interior Features: Living/Dining Room, Separate Shower
  • Appliances: Electric Range, Ice Maker, Microwave, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared Amenities: Elevator(s)

Exterior

  • Exterior Features: Porch
  • Porch/Patio/Deck: Open, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Parking Features: Attached, Covered, Garage

Location

  • Area: 2420
  • County: Miami-Dade
  • Subdivision: Ocean Towers

Community

  • Community Name: 2420
  • Association: Yes
  • Assoc. Fees Include: Association Management, Common Areas, Laundry, Maintenance Grounds, Reserve Fund, Road Maintenance, Sewer, Water
  • Adult Community: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Structural Information

  • Construction: Block, Concrete
  • Entry Floor Number: 4
  • Elevator: Yes
  • Square Feet: 400
  • Living Area: 400 Sq. Ft.
  • Year Built: 1961

Lot Features

  • Property View: Garden, Ocean

Financial Considerations

  • Association Fee: $722
  • Tax Amount: $3,267
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: OCEAN BEACH FLA SUB PB 2-38 LOT 1 BLK 2 OCEAN TOWERS INC - CO-OP #406 4.86% OF OWNERSHIP OR 19573-2068 0301 5
  • Disclosures/Rstr.: Owner Is Listing Agent
  • Property ID: 02-42-03-077-0200

Listed by Marela Properties, LLC

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Listing agent

— 158 Ocean #406 —

  • Marela Properties, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 158 Ocean #406

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-50.4 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-83 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 158 Ocean #406 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/01/2026
Listed
$275,000
54.49%
MLS
5/01/2014
Sold
$178,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 158 Ocean #406

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,266
—
$174,116
—
2024
$3,272
3%
$174,116
—
2023
$3,180
10%
$174,116
16%
2021
$2,898
3%
$150,100
—
2022
$2,820
-3%
$150,100
-5%
2021
$2,898
-5%
$158,000
—
2019
$3,062
3%
$158,000
—
2018
$2,973
-1%
$158,086
—
2017
$3,010
-1%
$158,086
1%
2016
$3,053
8%
$156,662
10%
2015
$2,822
-2%
$142,420
—
2014
$2,894
30%
$142,420
30%
2013
$2,228
—
$109,550
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Marela Properties, LLC

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158 Ocean #406, Miami Beach, FL 33139 (MLS# A12085601) is a Condo property with 0 bedrooms and 1 full bathroom. 158 Ocean #406 is currently listed for $275,000 and was received on September 01, 2026. Want to learn more about 158 Ocean #406? Do you have questions about finding other Condo real estate for sale in South Pointe? You can browse all South Pointe real estate or contact a Coldwell Banker agent to request more information.

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