Tour
$3,408 Closing Credit¹
#A11609788, Martin Urruela, Listing Office: Marela Properties, LLC
$290,000 List price
158 Ocean Dr Unit 407 Miami Beach, FL 33139
$3,444
Closing credit¹
0 beds
1 full
400 sqft
$725 / sqft
Condo
Property details
About 158 Ocean Dr Unit 407
Studio on famous Ocean Dr. in the coveted South of 5th St. neighborhood. Walking distance to everything SouthBeach 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, one of them is next to this unit.
Highlights
Home typeStock Cooperative
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Size400 sqft
Year built1961
ParkingCovered, Underground, Leased, On Street
MLS #A11609844
ViewGarden
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Gas Range, Refrigerator
- Flooring Type: Tile
- Interior: Elevator, First Floor Entry
- Parking: Covered, Underground, Leased, On Street
- View: Garden
- Exterior: Porch
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $290,000
- Price/SqFt: $725
- HOA Amount: $754
- HOA Frequency: Quarterly
- Year Built: 1961
- Living Area: 400 SqFt
- MLS Number: A11609844
- 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: 5/16/2025, 8:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$290,000
158 Ocean Dr Unit 407
$3,444
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. Most Miami Beach, FL residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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 407
The listing price of 158 Ocean Dr Unit 407 property is $290,000.
The property 158 Ocean Dr Unit 407 is a condo located in Miami Beach, Florida, 33139.
Active Listing: 158 Ocean Dr Unit 407 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 158 Ocean Dr Unit 407 are: South Pointe Elementary School (GreatSchools Rating 8/10), Fienberg/Fisher K-8 Center (GreatSchools Rating 6/10), Miami Children's Museum Charter School (GreatSchools Rating 8/10), Nautilus Middle School (GreatSchools Rating 4/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Lincoln-Marti Charter School Little Havana Campus (GreatSchools Rating 8/10), Miami Beach Senior High School (GreatSchools Rating 4/10), Mast Academy (GreatSchools Rating 10/10), New World School of the Arts (GreatSchools Rating 9/10).
The property at 158 Ocean Dr Unit 407 has 0 bedroom and 1 bathroom.
The property 158 Ocean Dr Unit 407 is 400 SqFt (source: MLS/tax record).
The year of construction for 158 Ocean Dr Unit 407 is 1961.
This home is located at 158 Ocean Dr Unit 407 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 $290,000.
Over 2 listings were sold over their listed price in April 2025 in Miami Beach, FL. In the same period over 129 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Miami Beach, FL increased by 7.5% between March and April 2025. In April 2025, listings were on the market for 102 days. During the same period, the median list price in this real estate market was $698,200.
From Rocket Homes Real Estate and based on county public records data.