158 Ocean Drive 407, Miami Beach, FL 33139 (MLS# A12082656)

158 Ocean Drive 407, Miami Beach, FL 33139

$267,000
Property Type: Residential Baths: 1 Square Footage: 400 Status: Active
Current Price: $267,000 List Date: 7/01/2026 Last Modified: 9/03/2026

Overview

Description

Studio on iconic Ocean Dr. in the highly desirable South of Fifth neighborhood. Steps from world-class dining,nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity. Rentals allowed immediately after purchase (no short-term/Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including one next door. Showings Mon–Fri, 10am–6pm,with 24hr notice. Call owner/agent for showing.

Listing Details MLS# A12082656

General Property Information

Total Units In Building
21
Unit Floor #
4
Property Sub Type
Stock Cooperative
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
400
Living Area Main
400
Adjusted Area Main
400
Year Built
1961
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
4
Furnished
Unfurnished

Property Features

Application Information: 1-2 Weeks Approval; Association Approval Required Association Fee Includes: Common Areas; Elevator; Maintenance Grounds; Maintenance Structure; Reserve Funds; Roof Repairs; Sewer; Water Exterior Features: Lighting Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease During First Year Parking Features: Covered; Space Rented; Under Building Appliances: Gas Range; Refrigerator Construction Materials: CBS Cooling: Wall/Window Unit(s) Association Type: Co-Op; Homeowner Association Heating: Window/Wall Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Other Restrictions Security Features: Elevator Secure; Secured Garage/Parking; Security Fence Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit; Exterior Catwalk; Studio View: Garden; Skyline Showing Requirements: Appointment Only Outdoor Living Spaces: Porch Porch Details: Porch - Open

Contract Information

Comp Sale YN
No
Original List Price
267000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
158
Street Name
Ocean
Street Suffix
Drive
Unit Number
407
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
7237
Postal Zip
33139
Subdivision Name
OCEAN BEACH FLA SUB
Area
2420
Elementary School
Miami Beach South Pointe
Middle Or Junior School
Miami Beach Nautilus
High School
Miami Beach
Parcel Number
0242030770210
Subdivision Number
77
Flood Zone
AE

Financial Information

Association YN
Yes
Association Fee
2943
Association Fee Frequency
Quarterly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
981
Membership Fee Required YN
No
Tax Annual Amount
3141
Tax Year
2024
Tax Legal Description
OCEAN BEACH FLA SUB PB 2-38 LOT 1 BLK 2 OCEAN TOWERS INC - CO-OP #407 4.86% OF OWNERSHIP

Status Change Information

Major Change Timestamp
2026-07-01T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-09-02

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes

Leasing Permitted Details

Leasing Permitted YN
Yes

Leasing Restrictions

Leasing - Max Times Per Year
2
Leasing - Minimum Number of Days
180

Storm Protection

Impact Glass
Partial

Price Calculations

Current Price To SqFt
667.5

Section Details

Parcel Number MLX
0210

Originating Details

Originating System Key
561321157
Originating System ID
M00000151
IDX
Listing Office: Marela Properties, LLC
Last Updated: September - 03 - 2026
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