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Oceanfront living in coveted South of Fifth with income in place. Residence 402 at Ocean Park is a bright, open 640 sq ft studio with protected south-facing park views. Polished concrete floors, an exposed concrete column, and crisp white cabinetry create a modern-industrial, light-filled space. The kitchen offers a stainless refrigerator, smooth-top cooktop, built-in oven, and ample storage, plus a window counter that seats three for dining or work. A built-in credenza and tall wardrobe add rare studio storage. Also features an updated bath, in-unit washer and dryer, central A/C, and a private balcony overlooking the treetops. Ocean Park is a boutique six-story, 45-residence building on the beach, built in 1967, with its 50-year recertification complete. Enjoy direct beach access, the beachwalk, keypad entry, cameras, an elevator, and one assigned covered, gated parking space plus guest parking. No pool or gym; fitness options are within walking distance. Rental policy: 6-month minimum lease, no leasing in the first year of ownership, association approval required for tenants, no pets. Leased at $3,200/month through 12/22/2026. The tenant would like to stay, so an investor can renew and keep income from day one, or the tenant can vacate on 12/22. Walk to the park, pier, marina, Ocean Drive, and South of Fifth dining, with Lincoln Road, the Art Deco District, Downtown, and Brickell minutes away.
| DAYS ON MARKET | 20 | LAST UPDATED | 10/26/2026 |
|---|---|---|---|
| TRACT | OCEAN PARK CONDOMINIUM IN | YEAR BUILT | 1967 |
| COMMUNITY | 42 | GARAGE SPACES | 1.0 |
| 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 | Insurance, Maintenance Structure, Sewer, Trash, Water |
| APPLIANCES | Dryer, Ice Maker, Microwave, Oven, Refrigerator, Washer |
| AREA | 42 |
| CONSTRUCTION | BLOCK |
| GARAGE | Attached Garage, Yes |
| HEAT | Electric |
| HOA DUES | 800 |
| INTERIOR | Built-in Features, Eat-in Kitchen |
| LOT | 0 |
| LOT DESCRIPTION | Waterfront |
| PARKING | Attached, Covered, Underground, Garage, Guest |
| STORIES | 6 |
| STYLE | GardenApartment, HighRise |
| SUBDIVISION | OCEAN PARK CONDOMINIUM IN |
| TAXES | 9743 |
| VIEW | Yes |
| VIEW DESCRIPTION | Garden |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Ocean Access, Ocean Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Compass Florida, LLC
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