158 Ocean Dr Unit #406, Miami Beach, FL 33139

$275,000
1
BA
400
SqFt

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List Price
$275,000
MLS#
A12085601
Complex Name
Ocean Towers
Status
ACTIVE
Type
Condo
Full baths
1
Living Area
400

Property 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.

Additional Information

Days on Market
9
Interior Features
First Floor Entry
Tax Amount
$3,267
Parcel Number
02-42-03-077-0200
Bedroom Description
Entry Level, Studio
Exterior Features
Exterior Cat Walk
Association Fee
$2890
Unit View
Garden View, Ocean View, Skyline
Parking Restrictions
Covered, Parking-Under Building, Space Rented
Pet Restrictions
No
Pets Allowed
Yes
Unit Number
406
SqFt Liv Area
400
Amenities
Laundry, Community Room, Elevator(s), Exterior Lighting
Year Built
1961
Style
Condo 1-4 Stories, Co-Op
Restrictions
Exterior Alterations, No Daily Rentals, Okay To Lease 1st Year
Development Name
Ocean Beach Fla Sub
Construction Type
CBS Construction
Section
3

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Listing Courtesy of Marela Properties, LLC, Contact: