$425,000

Estimated payment $3,346/month

Total Views 2,498
1 Bed
1 Bath
410 Sq Ft
$1,037 Price per Sq Ft

Highlights

  • Ocean Front
  • Heated Community Pool
  • Views
  • South Pointe Elementary School Rated A-
  • Elevator
  • 2-minute walk to Marjory Stoneman Douglas Park

About This Home

Oceanfront SHORT TERM RENTAL AIRBNB INVESTMENT Deco Bldg. Bright Unit, on Famous Ocean Dr. in SOFI South Beach. Excellent investment opportunity or pied-à-terre. Owner has paid the $42k AssessmentEnjoy modern comfort in rare oceanfront short-term rental bldg in vibrant South of Fifth (SOFI) district. Charming, bright, furnished and updated turnkey condo features porcelain flooring, renovated bathroom, queen bed & sleeper sofa, perfect for Airbnb, VRBO & other rental platforms. Oceanfront on the gorgeous white sand beaches, crystalline blue ocean and recently finished bike path. Walk to top restaurants, 3rd St. Park, shops & entertainment. Amenities include WiFi, Newer Pool, cable/internet, hot water, & electricity, all covered by the HOA.

Listing Agent

Michael Vertz

London Foster Realty License #3101266 Listed on: 06/08/2025

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 1939

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $614 Monthly HOA Fees

Home Design

  • Elevated Home
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 410 Sq Ft Home
  • 3-Story Property
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Microwave
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • South Pointe Elementary School
  • Feinberg-Fisher K8 Middle School
  • Miami Beach High School

Additional Features

  • Property has ocean access
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-206-0150

Community Details

Overview

  • 78 Units
  • Low-Rise Condominium
  • Ocean Walk On South Beach Condos
  • Ocean Walk On South Beach,Ocean Walk On South Subdivision

Amenities

  • Laundry Facilities
  • Elevator
  • Lobby
  • Secure Lobby
  • Interior Hall

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,599

Year Built

Built in 1939

Lot Details

0

HOA Fees

$614 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Ownership: Limited Partnership
  • Property Sub Type: Condominium
  • Directions: From Miami, Take I-395 East to SOuth Beach, Contiune east on 5th St. to Ocean Drive, Right on Ocean Drive 1 1.2 blocks to Ocean Walk Condo
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEAN WALK ON SOUTH BEACH,OCEAN WALK ON SOUTH
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry, Fire Sprinklers
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 410
  • Other Equipment: Natural Gas
  • Stories: 3
  • Window Features: Blinds, Drapes
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, None
  • Construction Type: Concrete Block Construction, CBS Construction, Elevated Construction
  • Direction Faces: West
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN WALK ON SOUTH BEACH
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Complex Fenced, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 614
  • Amenities: Laundry, Elevator(s), Exterior Lighting, Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Feinberg-Fisher K8

Lot Info

  • Parcel Number: 02-42-03-206-0150

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 78
  • Number Of Units Total: 78

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5599

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,599 $327,725 -- --
2024 $5,442 $297,932 -- --
2023 $5,442 $282,521 $0 $0
2022 $4,826 $256,838 $0 $0
2021 $5,510 $285,376 $0 $0
2020 $5,525 $285,376 $0 $0
2019 $4,571 $254,800 $0 $0
2018 $4,186 $255,351 $0 $0
2017 $3,862 $185,771 $0 $0
2016 $3,618 $168,883 $0 $0
2015 $3,042 $153,530 $0 $0
2014 $2,836 $139,570 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2025 06/08/25 For Rent $3,000 0.0% --
06/08/2025 06/08/25 For Sale $425,000 +14.9% $1,037 / Sq Ft
09/06/2019 09/06/19 Sold $370,000 -2.6% $902 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $380,000 -- $927 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $370,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $115,000 Attorney
Warranty Deed $110,000 American Title & Abstract Co
Quit Claim Deed $38,000 --
Warranty Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,500 Balloon
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11811810

MIAMI REALTORS® MLS

APN: 02-4203-206-0150