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Rare opportunity to own a true beachfront getaway in Miami Beach's coveted South of Fifth neighborhood. Perfectly positioned directly on the ocean in a quiet residential stretch of Ocean Drive, Ocean Walk is just two blocks from the world-famous Art Deco District, with acclaimed dining, shopping, and entertainment close by. This well-maintained residence offers a rare lifestyle and investment combination in one of the few areas of Miami Beach where approved short-term rentals are still permitted. Ideal as a part-time second home, owners can enjoy personal use while also renting the property when not in residence to help offset expenses. Strong income potential and compelling ROI add to the appeal. Heated pool and direct beach access are just steps away. Maintenance includes electricity, water, WiFi, cable TV, and insurance. No building rental restrictions. Beach chair and umbrella service is available through management.
| DAYS ON MARKET | 9 | LAST UPDATED | 4/10/2026 |
|---|---|---|---|
| TRACT | OCEAN WALK ON SOUTH BEACH | YEAR BUILT | 1939 |
| COMMUNITY | 42 | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | South Pointe |
|---|---|
| Jr. High School | Nautilus |
| High School | Miami Beach |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | 42 |
| CONSTRUCTION | Other |
| EXTERIOR | Other |
| HEAT | Electric |
| HOA DUES | 614 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| LOT DESCRIPTION | Waterfront |
| PARKING | None |
| STORIES | 1 |
| STYLE | Other |
| SUBDIVISION | OCEAN WALK ON SOUTH BEACH |
| TAXES | 6900 |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Ocean Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with MJ Estates, Inc.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
