The Story

158 Ocean Drive 203

Miami Beach, FL 33139 · Condo

Location, Location, Location. Studio on iconic Ocean Drive in the highly desirable South of Fifth neighborhood. Ideally located just steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. The building offers covered parking, with spaces available for rent through the HOA, and has recently completed its 40-year recertification. No pets permitted. An excellent income-producing opportunity, the unit is currently rented for $1,800/month. The building allows rentals immediately after purchase; short-term rentals and Airbnb are not permitted. The owner is also offering an additional unit in the building for sale, providing a potential opportunity to acquire multiple units. Showings are available Monday through Friday, 10:00 AM–6:00 PM, with 24-hour notice. Please contact the owner/agent to schedule.


Facts & Features

Property Info

Price
$270,000
Completion Year
1,961
Living Space
400 sq ft
Floors
4
Bathrooms
1

Features & Amenities

Cooling

Wall Window Units

Heating

Wall Furnace

Appliances

Some Gas Appliances, Gas Range, Ice Maker, Refrigerator

Flooring

Ceramic Tile

Exterior

Security High Impact Doors, Porch

View

City

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Listing Broker

Marela Properties, LLC

Broker Name

Marela Properties, LLC

Agent

Martin Urruela