$445,000
SOLD JUL 7, 2025
1 Bed
1 Bath
410 Sq Ft
$614/mo HOA Fee

Recently Sold

$1,085 Per Sq Ft

115 Days on Market

Highlights

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

About This Home

As of July 2025

Oceanfront SHORT TERM RENTAL AIRBNB INVESTMENT Deco Bldg. Corner Unit, on Famous Ocean Dr. in SOFI South Beach. Excellent investment opportunity or pied-a-terre. Owner has paid the $42k Assessment.
Enjoy modern comfort in rare oceanfront short-term rental bldg in vibrant South of Fifth (SOFI) district. Charming, Updated, Furnished turnkey condo features a queen bed and sleeper sofa, perfect for Airbnb, VRBO & other rental platforms. Enjoy views or Pool, iconic South Beach sand dunes and direct partial ocean view. 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, New Pool, cable/internet, hot water, & electricity, all covered by the HOA.

Last Agent to Sell the Property

Michael Vertz

London Foster Realty License #3101266 Listed on: 03/14/2025

London Foster Realty

Last Buyer's Agent

Jim Brinker

LoKation License #3167060

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,622

Year Built

  • Built in 1939

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $614 Monthly HOA Fees

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Unrestricted saltwater access
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-206-0760

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator
  • Interior Hall

Recreation

  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,622

Year Built

Built in 1939

Lot Details

0

HOA Fees

$614 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • 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: 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 Condomini
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Interior Hall, No Interior Features
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 410
  • Possible Use: Investment
  • Stories: 3
  • Window Features: Drapes
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Ocean Walk Condominium
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Window/Wall
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, No Security

Condo/Co-op/Association

  • Association Fee: 614
  • Amenities: Bike/Jog Path, 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: Nautilus

Lot Info

  • Parcel Number: 02-42-03-206-0760

Rental Info

  • Pets Allowed: No, 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: 5622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Ocean Drive 139 Llc
Bought by
Neary Associates Lp

Purchase Details

Closed on
Aug 8, 2016
Sold by
Vargas Suzi A
Bought by
Ocean Drive 139 Llc

Purchase Details

Closed on
Apr 12, 2013
Sold by
Perrault Mylene and Bedard Sylvain
Bought by
Vargas Suzi A

Purchase Details

Closed on
Jan 29, 2010
Sold by
Fuller Tamara Kay
Bought by
Perreault Mylene and Bedard Sylvain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Fuller Tamara Kay
Bought by
Ocean Walk On South Beach Condo Assn Inc

Purchase Details

Closed on
Dec 13, 2005
Sold by
Maxwell Carl F and Maxwell Magdalena
Bought by
Fuller Tamara Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 13, 1997
Sold by
Sna Inc
Bought by
Maxwell Carl F and Maxwell Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.53%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $155,000 South Fl Title Group Inc
Warranty Deed $125,000 Attorney
Quit Claim Deed -- Attorney
Trustee Deed -- None Available
Warranty Deed $260,000 Internet Title Services Inc
Warranty Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 New Conventional
Previous Owner $147,000 Negative Amortization
Previous Owner $93,500 Unknown
Previous Owner $104,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $445,000 0.0% $1,085 / Sq Ft
06/08/2025 06/08/25 For Sale $445,000 0.0% $1,085 / Sq Ft
05/23/2025 05/23/25 Off Market $445,000 -- --
03/14/2025 03/14/25 For Sale $445,000 +187.1% $1,085 / Sq Ft
06/24/2013 06/24/13 Sold $155,000 -11.4% $378 / Sq Ft
03/17/2013 03/17/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $175,000 -- $427 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $5,622 $329,072 -- --
2024 $5,464 $299,157 -- --
2023 $5,464 $283,683 $0 $0
2022 $4,846 $257,894 $0 $0
2021 $5,510 $285,376 $0 $0
2020 $5,525 $285,376 $0 $0
2019 $4,938 $254,800 $0 $0
2018 $4,633 $255,517 $0 $0
2017 $4,177 $219,328 $0 $0
2016 $3,584 $167,306 $0 $0
2015 $3,013 $152,097 $0 $0
2014 $2,809 $138,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11745007

MIAMI REALTORS® MLS

APN: 02-4203-206-0760