$399,000

Estimated payment $3,257/month

Total Views 458
1 Bed
1 Bath
410 Sq Ft
$973 Price per Sq Ft

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

SUPERB OCEANFRONT FIVE STAR INCOME INVESTMENT PROPERTY! Fully Licensed and Permitted AirBnb & VRBO 1 Bedroom Condo On World Famous Ocean Drive in the Exclusive and Affluent Neighborhood of “South of Fifth”. This Classic Art Deco Boutique Building Includes It’s Own Private Beach Club with Chaise Lounge Chairs, Umbrellas, Beach Towels and Heated Pool. This Has Everything You Want In An Oceanfront Investment Including 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. Equinox One Block Away. "South of Fifth" Is Home to South Pointe Park, Miami Marina, 3rd St. Sunset Yoga, Surfers Beach. Easterly Breezes, Morning Jogs & Best Restaurants: Joe’s Stone Crab, Smith and Wollensky, Carbone, Prime 112, Big Pink, Monty's. Easy to Show! Onsite Property Management Available. Easy To Show.

Listing Agent

Jason Mccarthy

Coldwell Banker Realty License #3399205 Listed on: 12/01/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,601

Year Built

  • Built in 1939

Lot Details

  • Ocean Front
  • Privacy Fence

HOA Fees

  • $614 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Stone

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Patio

Location

  • East of U.S. Route 1

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-206-0320

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator
  • Secure Lobby

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Walled
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,601

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: 3
  • 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
  • CurrentPrice: 399000
  • InternetRemarks: SUPERB OCEANFRONT FIVE STAR INCOME INVESTMENT PROPERTY! Fully Licensed and Permitted AirBnb & VRBO 1 Bedroom Condo On World Famous Ocean Drive
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: Third Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 410
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction, Stone
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN WALK
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 614
  • Amenities: Bike/Jog Path, Laundry, Elevator(s), Heated Pool, Other, Other Membership Included, 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: 02-42-03-206-0320

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6601

Multi Family

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $6,164 $360,800 -- --
2024 $6,417 $351,304 -- --
2023 $6,417 $333,132 $0 $0
2022 $5,690 $302,848 $0 $0
2021 $5,847 $302,848 $0 $0
2020 $5,863 $302,848 $0 $0
2019 $5,240 $270,400 $0 $0
2018 $4,898 $260,458 $0 $0
2017 $3,389 $143,849 $0 $0
2016 $3,156 $130,772 $0 $0
2015 $2,619 $118,884 $0 $0
2014 $2,447 $108,077 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 For Sale $399,000 +20.9% $973 / Sq Ft
05/24/2019 05/24/19 Sold $330,000 -13.2% $805 / Sq Ft View Prior Sale
04/30/2019 04/30/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $380,000 +27.1% $927 / Sq Ft
04/28/2017 04/28/17 Sold $299,000 0.0% $729 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
06/27/2016 06/27/16 Price Changed $299,000 -9.1% $729 / Sq Ft
02/12/2016 02/12/16 For Sale $329,000 -- $802 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 Florida T&E Professionals In
Warranty Deed $299,000 Attorney
Warranty Deed -- None Available
Warranty Deed $143,000 --
Warranty Deed $147,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,400 Unknown
Previous Owner $114,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11912557

MIAMI REALTORS® MLS

APN: 02-4203-206-0320