158 Ocean Dr, Unit 406 Miami Beach, FL 33139
Studio apartment on Ocean Drive, South of Fifth neighborhood.
Building Details
- Year built
- 1961
Source:
Elliman
Listing Agent: Martin Urruela
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Ocean Drive Studio Apartment
This studio apartment is located on Ocean Drive in the South of Fifth neighborhood. The property is situated steps from dining, nightlife, shopping, and parks, and directly across from the beach. It is currently rented at $1,800 per month, presenting an income-producing opportunity. Rentals are allowed immediately after purchase, and short-term rentals such as Airbnb are not restricted. The building provides covered parking spaces that are rented via the HOA. The building has recently completed its 40-year recertification. The owner has two additional units for sale, including one next door. Showings are available Monday through Friday, from 10am to 6pm, with 24-hour notice.
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1359
- Latitude
- 25.784
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Studio apartment on Ocean Drive, South of Fifth neighborhood.
Where is this apartment building located?
The property is located at 158 Ocean Dr, Unit 406 Miami Beach, FL.
What is the asking price?
The asking price for this property is $266,000.
What are key features of this property?
This property features: - Prime location on Ocean Drive in the South of Fifth neighborhood, directly across from the beach and steps from dining, nightlife, shopping, and parks.; - Excellent income-producing opportunity with current rental income of $1,800/month.; - Rentals allowed immediately after purchase.