301 Ocean Drive Unit 402, Miami Beach, FL 33139

$675,000
1
BA
640
SqFt

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List Price
$675,000
MLS#
A12113008
Bathrooms
1
Sq. Ft
640
Subtype
Condominium
County
Miami-Dade
Subdivision
Ocean Park Condominium In
Region
2420
Year Built
1967

Property Description

Oceanfront living in coveted South of Fifth with income in place. Residence 402 at Ocean Park is a bright, open 640 sq ft studio with protected south-facing park views. Polished concrete floors, an exposed concrete column, and crisp white cabinetry create a modern-industrial, light-filled space. The kitchen offers a stainless refrigerator, smooth-top cooktop, built-in oven, and ample storage, plus a window counter that seats three for dining or work. A built-in credenza and tall wardrobe add rare studio storage. Also features an updated bath, in-unit washer and dryer, central A/C, and a private balcony overlooking the treetops. Ocean Park is a boutique six-story, 45-residence building on the beach, built in 1967, with its 50-year recertification complete. Enjoy direct beach access, the beachwalk, keypad entry, cameras, an elevator, and one assigned covered, gated parking space plus guest parking. No pool or gym; fitness options are within walking distance. Rental policy: 6-month minimum lease, no leasing in the first year of ownership, association approval required for tenants, no pets. Leased at $3,200/month through 12/22/2026. The tenant would like to stay, so an investor can renew and keep income from day one, or the tenant can vacate on 12/22. Walk to the park, pier, marina, Ocean Drive, and South of Fifth dining, with Lincoln Road, the Art Deco District, Downtown, and Brickell minutes away.

Additional Information

Hoa Fee
$800
Hoa Freq
Monthly
Heating
Electric
Cooling
Electric
Exterior Features
Lighting, Outdoor Living Area
Flooring
Concrete
Construction
Block
Living Area
640
Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach
Pets Allowed
No

Listing courtesy of Compass Florida, LLC. Contact:

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