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Homes for sale in Miami Beach
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.

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.