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Make money on your vacation home! Experience the best of South Beach, a bright 1-bedroom, 1-bath Art Deco architecture. Steps from the sand and Atlantic Ocean, this is an exceptional opportunity to own a Miami Beach retreat with the added benefit of short-term rental investment. Enjoy an unbeatable location in the heart of South of Fifth, one of the most desirable neighborhoods, minutes from Joe's Stone Crab and South Point Park. Spend mornings walking the beach or biking along the oceanfront path and boardwalk, afternoons at nearby 3rd Street Beach, and evenings exploring some of Miami's best restaurants, cafés, shops, nightlife, and entertainment"”all within walking distance, no car needed. The building allows short-term rentals and Airbnb, creating compelling income potential and the flexibility to enjoy the residence personally while generating rental revenue when you're away. The unit has an active Business Tax Receipt (BTR) license, adding to its appeal as a turnkey investment opportunity. Residents enjoy a pool, Wi-Fi, cable, internet, hot water, and electricity included through the HOA, plus complimentary daily beach service with one large umbrella and two chairs. Whether you're looking for a South Beach pied-à -terre, vacation home, or income-producing property with strong return potential, #106 offers an exceptional combination of location, lifestyle, and rental flexibility.
| DAYS ON MARKET | 5 | LAST UPDATED | 9/17/2026 |
|---|---|---|---|
| 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 |
| AMENITIES | Internet |
| APPLIANCES | Electric Range, Refrigerator |
| AREA | 42 |
| CONSTRUCTION | BLOCK |
| HEAT | Electric |
| HOA DUES | 615 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| LOT DESCRIPTION | Waterfront |
| PARKING | Other, On Street |
| POOL DESCRIPTION | Association |
| STORIES | 3 |
| SUBDIVISION | OCEAN WALK ON SOUTH BEACH |
| TAXES | 6016 |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean, Water |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Compass Florida, 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.
This IDX solution is (c) Diverse Solutions 2026.
