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.
Current real estate data for Single Family in Miami Beach as of Nov 09, 2026
248
Single Family Listed
160
Avg DOM
1,958
Avg $ / SqFt
$10,464,690
Avg List Price
Listing Provided Courtesy of Marela Properties, LLC at 305-439-5299
Property Details
Price:
$270,000
MLS #:
A12085617
Status:
Active
Beds:
0
Baths:
1
Type:
Single Family
Subtype:
Stock Cooperative
Subdivision:
OCEAN BEACH FLA SUB
Neighborhood:
2420
Listed Date:
Aug 31, 2026
Finished Sq Ft:
400
Total Sq Ft:
400
Year Built:
1961
Schools
Elementary School:
Miami Beach South Pointe
Middle School:
Miami Beach Nautilus
High School:
Miami Beach
Interior
Appliances
Gas Water Heater, Gas Range, Ice Maker, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Wall/Window Unit(s)
Flooring
Ceramic Tile
Heating
Window/Wall
Exterior
Accessibility Features
Accessible Elevator Installed
Association Amenities
Community Room, Elevator(s), Laundry, Management
Community
55+
Construction Materials
CBS
Exterior Features
Lighting
Parking Features
Covered, Space Rented, Under Building
Patio And Porch Features
Porch – Open, Porch
Security Features
Elevator Secure, Secured Garage/Parking, Security Fence
Senior Community YN
1
View
Garden, Skyline
Financial
HOA Fee
$2,890
HOA Fee Frequency
Quarterly
HOA Includes
Common Areas, Elevator, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Sewer, Water
Tax Year
2025
Taxes
$2,729
Map
Contact Us
Mortgage Calculator
Community
- Address158 Ocean Drive 203 Miami Beach FL
- SubdivisionOCEAN BEACH FLA SUB
- CityMiami Beach
- CountyMiami-Dade
- Zip Code33139
Property Summary
- Located in the OCEAN BEACH FLA SUB subdivision, 158 Ocean Drive 203 Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33139. It is listed for $270,000 and features 0 beds, 1 baths, and has approximately 400 square feet of living space, and was originally constructed in 1961. The current price per square foot is $675. The average price per square foot for Single Family listings in Miami Beach is $1,958. The average listing price for Single Family in Miami Beach is $10,464,690. To schedule a showing of MLS#a12085617 at 158 Ocean Drive 203 in Miami Beach, FL, contact your Trust House Realty agent at 9543362003.
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