301 Ocean Drive Unit 402, Miami Beach, FL 33139

$675,000 — Active

Property Features

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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.

Property Details

  • Listing ID: A12113008
  • Status: Active
  • Listing Date: 2026-10-23
  • Property Type: Condominium
  • Unit / Building #: 402
  • Subdivision: OCEAN PARK CONDOMINIUM IN
  • County: Miami-Dade
  • MLS Area: 2420
  • Bedrooms: 0
  • Full Bathrooms: 1
  • Living Area Sq Ft: 640
  • Year Built: 1967

Financial

  • List Price: $675,000
  • HOA Fee: $800/mo
  • Taxes: $9,743/yr

Features & Amenities

  • View: Garden
  • Pets Allowed: No
  • Parking: Covered, Guest, Under Building, Garage, Attached Garage, Attached
  • Cooling: Electric
  • Heating: Electric
  • Flooring: Concrete
  • Construction: Block
  • Interior Features: Built-in Features
  • Exterior Features: Lighting
  • Community Amenities: Elevator(s), Laundry, Management, None, Parking, Trash Chute

Courtesy of Compass Florida, LLC
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.