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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.
| DAYS ON MARKET | 21 | LAST UPDATED | 9/8/2026 |
|---|---|---|---|
| TRACT | OCEAN BEACH FLA SUB | YEAR BUILT | 1961 |
| COMMUNITY | 42 | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Maintenance Structure, Sewer, Water |
| APPLIANCES | Gas Range, Ice Maker, Refrigerator |
| AREA | 42 |
| CONSTRUCTION | BLOCK |
| HEAT | Wall Furnace |
| HOA DUES | 2890 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| PARKING | Covered, Underground, Leased |
| STORIES | 4 |
| SUBDIVISION | OCEAN BEACH FLA SUB |
| TAXES | 2729 |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Garden |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Marela Properties, LLC
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.
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