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$275,000

  • For Sale
  • Active
  • Co-op
  • 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 Dr #406

General

  • Price: $275,000
  • HOA FEE: $963/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $3,267 (2025)
  • Status: Active
  • Type: Co-op
  • Source: Greater_Miami
  • MLS ID: A12085601
  • Updated: 9/8/2026
  • Added to Site: 8 day(s) ago

Interior

  • Interior Features: First Floor Entry
  • Appliances: Electric Range, Ice Maker, Microwave, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Primary Bathroom: Shower Only

Bedrooms

  • Bedroom Features: Entry Level, Studio

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared Amenities: Laundry, Community Room, Elevator(s), Exterior Lighting
  • Maint. Includes: Building Exterior, Common Area, Elevator, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Outside Maintenance, Reserve Fund, Roof Repairs, Sewer, Water
  • Security/Safety: Complex Fenced, Elevator Secure, Secured Garage/Parking
  • Equipment: Natural Gas

Exterior

  • Exterior Features: Exterior Cat Walk
  • Deck/Patio: Open Porch

Parking

  • Attached garage: Yes
  • Parking Features: Covered, Parking-Under Building, Space Rented

Location

  • Area: Ocean Beach Fla Sub
  • County: Miami-Dade County
  • Subdivision: OCEAN BEACH FLA SUB
  • Building Name: Ocean Towers

Community

  • Community Name: Ocean Beach Fla Sub
  • Association: Yes
  • Units Assoc/Comm: 21

Heating & Cooling

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

Structural Information

  • Architectural Style: Corner Unit
  • Structure Type: Condo 1-4 Stories, Co-Op
  • Detached/Attached: Attached
  • Construction: CBS Construction
  • Doors: High Impact Doors
  • Entry Floor Number: 4
  • Building Size: 400
  • Square Feet: 400
  • Living Area: 400 Sq. Ft.
  • Year Built: 1961

Unit Information

  • Units in Complex: 21

Lot Features

  • Property View: Garden View, Ocean View, Skyline

Financial Considerations

  • Price Per Sq. Ft.: $687.5
  • Association Fee: $2,890
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $3,267
  • Tax Year: 2025
  • Terms: All Cash, Conventional, VA Loan

Disclosures and Reports

  • 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
  • Restrictions: Exterior Alterations, No Daily Rentals, Okay To Lease 1st Year
  • Property ID: 02-42-03-077-0200

Listed by Marela Properties, LLC

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Listing agent

— 158 Ocean Dr #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 Dr #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 Dr #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 Dr #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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Marela Properties, LLC

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

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