SOLD · JUL 29, 2026Reading the listing
ACTIVE
1 / 12
12 PHOTOGRAPHS
OCEAN BEACH FLA SUB · · MLS A12085601
158 Ocean Dr #406
Asking price$275,000
LIVE · MLS · AS OF NOV 1, 2026
- Bathrooms
- 1
- Living area
- 400 SF
- Price per SF $688/SF
- Year built
- 1961
What's special
- Ocean view
- Skyline view
- Corner unit
Listed by Marela Properties, LLC
Description
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.
Continue reading
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.
Property information
The propertyAs the MLS records it
- Property type
- Stock Cooperative
- Year built
- 1961
- Stories
- 4
- Association fee
- $2,890 · Quarterly
Size and layout
- Living area
- 400 SF
- Bathrooms
- 1
Home and lot
- Subdivision
- OCEAN BEACH FLA SUB
Payment calculator
Estimated monthly payment
$2,747 per month
30-year fixed, 7.32% interest
- Principal and interest
- $1,511
- Property taxes
- $272
- Association dues
- $963
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.32% for the week of October 22, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
REQUEST A TOUR
See 158 Ocean Dr #406 in person.
Showings of 158 Ocean Dr #406, Miami Beach, FL 33139 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
How to request a showing
Send the request
Use the form on this page, call +1 (786) 473-2565 or write on WhatsApp.
Say when
Name the days and the times that suit you. A second option helps.
Julian confirms
He answers within one business day and confirms the day and the time with you.
The listing and who shows it
- Address
- 158 Ocean Dr #406, Miami Beach, FL 33139
- MLS number
- A12085601
- Listed by
- Marela Properties, LLC
- Showings
- Julian Acosta, real estate advisor with Compass
- Reach him
- +1 (786) 473-2565 · WhatsApp ↗ · Text message · E-mail
No lists, no obligation.
Recent market sales nearby
◆ SOURCE · MLS CLOSED SALES · THE LAST TWELVE MONTHS- This home
- Closed sales, by number
SOLD · JUL 29, 2026
SOLD · OCT 2, 2026
SOLD · FEB 6, 2026
SOLD · AUG 3, 2026Miami Beach market snapshot
Cooperative apartments in Miami Beach · Closed sales of the last twelve monthsAs of NOV 1, 2026
- Closed sales
- 19
- Since NOV 1, 2025
- Median sale price
- $162,500
- Half closed for more, half for less
- Median price per SF
- $375
- Of the sales that state a living area
The market's sales, not sales by Julian Acosta
| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $293 | 20 |
| 2021 | $275 | 41 |
| 2022 | $372 | 48 |
| 2023 | $354 | 22 |
| 2024 | $329 |
Schools
Zoned public schools · Miami-Dade County Public Schools
PK-5 Grades
- Elementary
Miami Beach South Pointe Elementary ↗
Attendance zone Elementary
Distance 0.4 mi
6-8 Grades
- Middle
Nautilus Middle ↗
Attendance zone Middle
Distance 3.1 mi
9-12 Grades
- Senior high
Miami Beach Senior High ↗
Attendance zone Senior high
Distance 1.9 mi
Elementary · PK–5Middle · 6–8Senior high · 9–12 Color marks the grades a school serves, never a rating.
◆ SOURCE · MIAMI-DADE COUNTY GIS · ATTENDANCE BOUNDARIES EDITED SEP 21, 2026
Similar homes for sale
Homes of the same kind on the market nearby, the nearest in price first.
LIVE · MLS · AS OF NOV 1, 2026
1 / 18ACTIVE
1 / 13ACTIVE
1 / 49Real estate in other markets
ABOUT THIS LISTING
Where this listing's information comes from.
◆ MIAMI REALTORS® · SOUTHEAST FLORIDA MLS◆ UPDATED NOV 1, 2026◆ MLS A12085601
The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by Marela Properties, LLC. Julian Acosta is a real estate advisor with Compass.
Compass Coral Gables · 1515 Sunset Dr, Suite 40, Coral Gables, FL 33143 · julian.acosta@compass.com · +1 (786) 473-2565
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
