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$320,000   Price Analysis
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158 Ocean Dr Apt 406
Miami Beach, FL 33139
0 bed 1 bath 400 SqFt ($800/SqFt)
Built 1961
Listed 2024-06-19, HOA $754, Taxes $2,820
Ⓧ USDA Ineligible
due to location

near Miami Beach

Studio on famous Ocean Dr.

In the coveted South of 5th St. neighborhood. Walking distance to everything SouthBeach can offer: night clubs, bars, fine dining, shopping centers, houses of worship, parks and most importantly the unit is right across from the beach. Perfect income producing investment property. Unit is currently rented at$1800.

Association allows rntals the same year after purchase. No short term rentals allowed (Airbnb). Building has its own covered parking lot, but spaces are rented by the HOA. No pets allowed. Maintenance is paid quarterly. Building obtained its 40 year recertification. CALL OWNER FOR SHOWINGS with 24 hour prior notice, Mon-Fri 10am-6pm. Owner has 2 other units in the building for sale, one is next to this unit.





Property MLS #A11609788 from MiamiMLS

Bedrooms: 0

Total Bathrooms: 1
Full Bathrooms: 1

FirstFloorEntry
Flooring: Tile

GasRange
Refrigerator
Laundry Features: CommonArea

Cooling Features: WallWindowUnits
Heating Features: WallFurnace
Heating: Yes

Porch
Patio And Porch Features: WrapAround

Parking Features: Covered, Underground, Leased, OnStreet

View: Garden
Security Features: SecuredGarageParking, LobbySecured

Association: Yes
Association Amenities: Clubhouse, Laundry, Elevators
Association Fee: 2262
Association Fee Frequency: Quarterly
Association Fee Includes: AssociationManagement, CommonAreas, Laundry, MaintenanceGrounds, MaintenanceStructure, ReserveFund, Roof, Sewer, Security, Water
Calculated Total Monthly Association Fees: 754
Pets Allowed: No

Unit Type: Exterior Cat Walk

Lease Considered: Yes
Application Fee: 150

Annual Tax Amount: 3054
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: OCEAN BEACH FLA SUB
Parcel Number: 02-42-03-077-0200
Postal City: Miami Beach
Postal Code Plus 4: 7237
Subdivision: OCEAN BEACH FLA SUB
Property Subtype: StockCooperative
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$150,100 + $unknown
$150,100
$2,820
2021$150,100 + $unknown
$150,100
$2,898
2020$158,000 + $unknown
$158,000
$3,058
2019$158,000 + $unknown
$158,000
$3,061
2018$158,086 + $unknown
$158,086
$2,972
2017$158,086 + $unknown
$158,086
$3,010
2016$unknown + $unknown
$156,662
$3,053
2015$unknown + $unknown
$142,420
$2,821
2014$unknown + $unknown
$142,420
$2,893
2013$unknown + $unknown
$109,550
$2,227
2012$unknown + $unknown
$109,550
$1,872
2011$unknown + $unknown
$72,600
$1,798
2010$unknown + $unknown
$66,000
$1,671
2009$unknown + $unknown
$108,310
$2,228
2008$unknown + $unknown
$161,660
$3,277
2007$unknown + $unknown
$161,660
$3,261

Listed 2024-06-19
$320,000
MiamiMLS
Listing removed 2022-07-29
$1,795
MiamiMLS
Listed for rent 2022-06-28
$1,795
MiamiMLS
Listing removed 2015-02-05
$1,350
MiamiMLS
Price Changed for rent 2015-01-06
$1,350
MiamiMLS
Price Changed for rent 2014-12-09
$1,400
MiamiMLS
Listed for rent 2014-11-20
$1,500
MiamiMLS
Sold 2014-06-30
$178,000
Public Record
Listing removed 2014-04-23
$180,000
MiamiMLS
Listed 2014-02-12
$180,000
MiamiMLS
Sold 2013-04-30
$155,200
MiamiMLS
Listing removed 2013-01-21
$165,000
MiamiMLS
Listed 2013-01-21
$165,000
MiamiMLS
Listing removed 2012-10-29
$1,100
MiamiMLS
Price Changed for rent 2012-09-26
$1,100
MiamiMLS
Listed for rent 2012-07-13
$1,250
MiamiMLS
Listed 2012-07-13
$165,000
MiamiMLS
Listing removed 2012-03-08
$1,000
MiamiMLS
Listing removed 2012-02-13
$1,100
MiamiMLS
Price Changed for rent 2012-02-02
$1,100
MiamiMLS
Listed for rent 2011-12-08
$1,200
MiamiMLS
Sold 1993-08-01
$22,000
Public Record

Total Square Feet Living: 400
Year Built: 1961
Building Area Total: 400
Building Features: ExteriorLighting
Construction Materials: Block
Entry Level: 4
Entry Location: 4
Property Age: 63
Property Attached: Yes
Building Total Stories: 4
House Style: Co-Op 1-4 Stories
Year Built Details: Effective Year Built

South Pointe Elementary School is a public elementary school located approximately 0.4 miles away.
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Miami Beach Senior High School is a public high school located approximately 2 miles away.
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Nautilus Middle School is a public middle school located approximately 3 miles away.
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Landow Yeshiva Center is a private elementary, middle and high school located approximately 1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.