Tour
$3,408 Closing Credit¹
#A11609788, Martin Urruela, Listing Office: Marela Properties, LLC
$285,000 List price
158 Ocean Dr Unit 203 Miami Beach, FL 33139
$3,384
Closing credit¹
0 beds
1 full
400 sqft
$713 / sqft
Condo
Property details
About 158 Ocean Dr Unit 203
Studio on famous Ocean Dr. in the coveted South of 5th St. neighborhood. Walking distance to everything South Beach can offer: night clubs, bars, fine dining, shopping centers, houses of worship, parks, and most importantly the unit is right across from the beach. Perfect income producing investment property. Unit is currently rented at $1800. Association allows rentals the same year after purchase. No short term rentals allowed (Airbnb). Building has its own covered parking lot, but spaces are rented by the HOA. No pets allowed. Maintenance is paid quarterly. Building just obtained its 40 year recertification. CALL OWNER FOR SHOWINGS with 24 hour prior notice, Mon-Fri 10am-6pm. Owner has 2 other units in the building for sale.
Highlights
Home typeStock Cooperative
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Size400 sqft
Year built1961
ParkingAttached, Covered, Underground, Garage, Leased, On Street
MLS #A11609761
Attached garageYes
ViewGarden
Virtual tour
Summary
- MLS Number: A11609761
- MLS Name: SEFMIAMI
- Office Name: Marela Properties, LLC
- Office Phone: (786) 282-3992
- Office Email: martinurruela@gmail.com
- Listing Agent: Martin Urruela
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/14/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$285,000
158 Ocean Dr Unit 203
$3,384
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
South Pointe Elementary School
Public District PK-5
0.4 mi
•1050 4th St
6
Fienberg/Fisher K-8 Center
Public District PK-5
1.1 mi
•1420 Washington Ave
8
Miami Children's Museum Charter School
Public Charter KG-5
2.9 mi
•980 MacArthur Cswy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,886. The majority of Miami Beach, FL residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
64%
<35k
17%
35k-100k
8%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
82%
Single, No Kids
3%
Single, with Kids
12%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
25%
18-34 yrs old
51%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Tennis
Art Museums
Where do the neighbors shop?
Banana Republic
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Starbucks
Chipotle
What do the neighbors drive?
Toyota
BMW
Audi
What do the neighbors listen to?
Jazz
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 158 Ocean Dr Unit 203
This home is located at 158 Ocean Dr Unit 203 in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 400 square foot home was built in 1961. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $285,000.
Miami Beach, FL housing market in March 2025 saw over 3 listings sold above listed price, more than 6 sold at listed price and over 102 sold below. Between February and March 2025, Miami Beach, FL real estate market has seen increase in the number of listings by 13.1%. The median list price of listings available in March 2025 was $682,619, while the average time on the real estate market was 108 days.
From Rocket Homes Real Estate and based on county public records data.