Home›158 Ocean Drive 203, Miami Beach, FL 33139

Residential in Miami Beach

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.

Property Highlights

View

  • Garden
  • Skyline

Cooling

  • WallWindow Unit(s)
  • Wall/Window Unit(s)

Heating

  • WindowWall
  • Window/Wall

Flooring

  • Ceramic Tile

Amenities

  • Community Room
  • Elevator(s)
  • Laundry
  • Management

Appliances

  • Gas Range
  • Ice Maker
  • Refrigerator
  • Gas Water Heater

Possession

  • Close Of Escrow

Restrictions

  • Other Restrictions

Listing Terms

  • Cash
  • Conventional
  • VA Loan

Porch Details

  • Porch - Open

ParkingFeatures

  • Covered
  • Space Rented
  • Under Building

Pets Allowed YN

  • No

Tax Information

  • Tax Reflects No Exemptions

Association Type

  • Co-Op
  • Homeowner Association

ExteriorFeatures

  • Lighting

Parking Features

  • Covered
  • Space Rented
  • Under Building

SecurityFeatures

  • Elevator Secure
  • Secured Garage/Parking
  • Security Fence

Unit Description

  • CornerEnd Unit
  • Exterior Catwalk
  • Studio

Exterior Features

  • Lighting

Security Features

  • Elevator Secure
  • Secured GarageParking
  • Security Fence

Master BedroomBath

  • Bedroom On Entry Level
  • Combo TubShower

Special Information

  • Sold As-Is

AssociationAmenities

  • Community Room
  • Elevator(s)
  • Laundry
  • Management

Showing Requirements

  • Call Listing Agent

Water Heater Details

  • Gas Water Heater

Outdoor Living Spaces

  • Porch

PatioAndPorchFeatures

  • Porch - Open
  • Porch

Accessibility Features

  • Accessible Elevator Installed

Construction Materials

  • CBS

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

Leasing Permitted Details

  • Okay To Lease During First Year

Property Details

Property TypeResidential
StyleStock Cooperative
Year Built1961
CountyMiami-Dade
SubdivisionOCEAN BEACH FLA SUB
Living Area400 sq ft
Bedrooms0
Baths1
Half Baths0
Unit Number203
HOA Fee$2,890 / Quarterly
HOA IncludesCommon Areas, Elevator, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Sewer, Water
Annual Tax$2,729 (2025)
Pets AllowedNo
Listing OfficeMarela Properties, LLC
Listing AgentMartin Urruela
Office Phone305-439-5299

158 Ocean Drive 203, Miami Beach, FL 33139, Miami Beach, FL 33139