301 Ocean Drive Unit 402, Miami Beach, FL 33139

$675,000
1
BA
640
SqFt

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List Price
$675,000
Status
ACTIVE
Days on Market
11
MLS#
A12113008
Subtype
Residential
Year Built
1967
Bathrooms
1
Full Baths
1
Living Area
640
Subdivision
Ocean Park Condominium In
Building Name
301
MLS Area Major
2420

Property Description

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.

Additional Information

Amenities
Laundry, Management, None, Parking, Trash, Elevator(s)
Interior Features
Built-in Features, Breakfast Area, Eat-in Kitchen, Separate Shower
Exterior Features
Lighting, Outdoor Living Area
Taxes
$9,743
HOA Fee
$800
HOA Freqency
Monthly
Pets Allowed
No
Building Name
301
Flooring
Concrete
Appliances
Dryer, Ice Maker, Microwave, Oven, Refrigerator, Washer
Heating
Electric
Air Conditioning
Electric
Exterior Construction
Block
Stories
6
Parking Features
Attached, Covered, Garage, Guest
Garage Spaces
1
Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach
View
Garden

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Listing courtesy of Compass Florida, LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Joanne Jones | Email: JoanneJonesmiami@gmail.com