$499,000

Estimated payment $3,933/month

1 Bed
1 Bath
410 Sq Ft
$1,217 Price per Sq Ft

Highlights

  • Ocean Front
  • Heated Community Pool
  • Cooling System Mounted To A Wall/Window
  • South Pointe Elementary School Rated A-
  • High Impact Windows
  • 2-minute walk to Marjory Stoneman Douglas Park

About This Home

This One Has It All!
Rarely Available Direct Oceanfront Licensed and Permitted AirBnb & VRBO with Stunning Ocean Views on World Famous Ocean Drive in the Exclusive and Affluent Neighborhood of “South of Fifth”. This Income Generating Cash Cow is Housed in the Classic Art Deco Boutique Building of 'Ocean Walk Condos' with its own Private Beach Club with Chaise Lounge Chairs, Umbrellas, Beach Towels and Heated Pool. This 5 Star Reviewed Apartment is only One of Four Units in the Building with Ocean Views from Your Living Room and Bedroom. All Utilities: Electric, Cable TV & Wifi Included in the Maintenance. Building has Undergone Extensive Renovations and Brand New Roof. Great Opportunity to Invest in the Thriving AirBnb/VRBO Community of Miami Beach. On-Site Property Management Available

Listing Agent

Jason Mccarthy

Coldwell Banker Realty License #3399205 Listed on: 11/13/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,263

Year Built

  • Built in 1939

HOA Fees

  • $614 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 2nd floor
  • Stone

Interior Spaces

  • 410 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

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 Available

Additional Features

  • Property has ocean access
  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-206-0770

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Secure Lobby

Recreation

  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,263

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
  • Entry Level: 2
  • 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
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: No Interior Features
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 410
  • Stories: 3
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View, Water View
  • Exterior Features: East Of Us1, Other
  • Construction Type: Concrete Block Construction, Stone
  • Pool Private: Yes
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 614
  • Amenities: Bike/Jog Path, Heated Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-206-0770

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8263

Multi Family

  • Number Of Units In Community: 72
  • Number Of Units Total: 72

Map

Range of Values:

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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 $7,573 $443,333 -- --
2024 $8,032 $439,733 -- --
2023 $8,032 $416,988 $0 $0
2022 $7,123 $379,080 $0 $0
2021 $7,038 $364,500 $0 $0
2020 $7,057 $364,500 $0 $0
2019 $7,063 $364,500 $0 $0
2018 $6,335 $336,918 $0 $0
2017 $4,935 $259,168 $0 $0
2016 $4,362 $203,632 $0 $0
2015 $3,668 $185,120 $0 $0
2014 $2,989 $109,142 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 For Sale $499,000 +18.8% $1,217 / Sq Ft
06/16/2017 06/16/17 Sold $420,000 -6.7% $1,000 / Sq Ft View Prior Sale
05/17/2017 05/17/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $450,000 -- $1,071 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $460,000 Florida T&E Professionals In
Warranty Deed $420,000 Florida Title And Escrow
Quit Claim Deed -- Attorney
Warranty Deed $215,000 Clear Title Group Llc
Deed $110,000 --
Deed -- --
Warranty Deed $158,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $126,450 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11912530

MIAMI REALTORS® MLS

APN: 02-4203-206-0770