Homes for sale in Miami Beach
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Stock Cooperative
158 Ocean Dr # 406
Miami Beach, FL 33139
$275,000
- Baths
- 1
- Sq ft
- 400
- Year built
- 1961
- Price per sq ft
- $688
Listing courtesy of Martin Urruela, Marela Properties, LLC
About this home
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.
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.
Details
Property
- Type
- Stock Cooperative
- Style
- Corner Unit
- Building
- Condo 1-4 Stories
- Year built
- 1961
- Stories
- 4
- Building name
- Ocean Towers
- Subdivision
- OCEAN BEACH FLA SUB
- County
- Miami-Dade County
- View
- Garden View, Ocean View, Skyline
- Flood zone
- AE
Interior
- Appliances
- Electric Range, Ice Maker, Microwave, Refrigerator
- Flooring
- Ceramic Floor
- Cooling
- Wall/Window Unit(s)
- Heating
- Window/Wall
- Laundry
- Common Area
- Features
- First Floor Entry
- Furnished
- Unfurnished
Exterior and parking
- Exterior
- Exterior Cat Walk
- Patio and porch
- Open Porch
- Parking
- Covered, Parking-Under Building, Space Rented
- Construction
- CBS Construction
Community and fees
- Association fee
- $2,890 quarterly
- Amenities
- Laundry, Community Room, Elevator(s), Exterior Lighting
- Maintenance includes
- Building Exterior, Common Area, Elevator, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Outside Maintenance, Reserve Fund, Roof Repairs, Sewer, Water
- Security
- Complex Fenced, Elevator Secure, Secured Garage/Parking
- Pets
- No
- Annual taxes
- $3,267
- Terms
- All Cash, Conventional, VA Loan
- Minimum lease (days)
- 365
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 11, 2026.