MIAMI REALTORS® MLSActiveMLS® A12085617
$270,000
158 Ocean Drive 203, Miami Beach, FL 33139
- Beds
- 0
- Baths
- 1
- Sqft
- 400
- Home type
- Stock Cooperative
- Year built
- 1961
- Lot size
- —
- Price / sqft
- $675
- HOA
- $964/mo
- Community
- OCEAN BEACH FLA SUB
Property 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.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.
Listing activity
- Days on market
- 60
- Listed
- Sep 1, 2026
- MLS listing updated
- Oct 31, 2026
- Feed last checked
- 11 minutes ago
Listed by Martin Urruela · Marela Properties, LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 0
- Bathrooms
- 1
- Bathrooms (decimal)
- 1
- Full bathrooms
- 1
- Half bathrooms
- 0
Rooms & features
- Rooms
- 0
- Flooring
- Ceramic Tile
- Appliances
- Gas Water Heater, Gas Range, Ice Maker, Refrigerator
Heating & cooling
- Heating
- Window/Wall
- Cooling
- Wall/Window Unit(s)
Property
Parking
- Garage spaces
- 0
- Carport spaces
- 0
- Covered spaces
- 0
- Parking features
- Covered, Space Rented, Under Building
- Attached garage
- No
Exterior
- Stories
- 4
- Building area
- 400 sqft
- Entry level
- 1
- Patio & porch
- Porch - Open, Porch
- Exterior features
- Lighting
- View
- Garden, Skyline
- Waterfront property
- No
Construction
Type & style
- Home type
- Stock Cooperative
- Year built
- 1961
Materials
- Construction
- CBS
Utilities & green energy
Not reported by the listing source.
Community & HOA
Community
- Subdivision
- OCEAN BEACH FLA SUB
- MLS area
- 2420
- Security
- Elevator Secure, Secured Garage/Parking, Security Fence
- Pets allowed
- No
- 55+ community
- Yes
Association
- Has association
- Yes
- Association fee
- $2,890 quarterly
- Estimated monthly dues
- $964
- Amenities
- Community Room, Elevator(s), Laundry, Management
- Services included
- Common Areas, Elevator, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Sewer, Water
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33139
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12085617
- Possession
- Close Of Escrow
- Original list price
- $270,000
- Parcel number
- 0242030770030
- Annual property tax
- $2,729
- Tax year
- 2025
- Tax legal description
- OCEAN BEACH FLA SUB PB 2-38 LOT 1 BLK 2 OCEAN TOWERS INC - CO-OP #203 4.03% OF OWNERSHIP OR 13248-2980-2981 0487 1
Additional MLS details
Reported by the listing source
- Association Amenities
- Community Room, Elevator(s), Laundry, Management
- Association Fee Frequency
- Quarterly
- Association Fee Includes
- Common Areas, Elevator, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Sewer, Water
- Association
- Yes
- Bathrooms Total Decimal
- 1
- Bathrooms Total Integer
- 1
- Building Area Total
- 400
- Construction Materials
- CBS
- County Or Parish
- Miami-Dade
- Days On Market
- 60
- Elementary School
- Miami Beach South Pointe
- High School
- Miami Beach
- List Price
- 270000
- Listing Contract Date
- 2026-09-01
- Living Area
- 400
- MLSArea Major
- 2420
- Middle Or Junior School
- Miami Beach Nautilus
- Mls Status
- Active
- On Market Date
- 2026-09-01
- Patio And Porch Features
- Porch - Open, Porch
- Photos Count
- 13
- Postal Code
- 33139
- Property Sub Type
- Stock Cooperative
- Property Type
- Residential
- Rooms Total
- 0
- Security Features
- Elevator Secure, Secured Garage/Parking, Security Fence
- Senior Community
- Yes
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-09-01T04:00:00Z
- Stories Total
- 4
- Subdivision Name
- OCEAN BEACH FLA SUB
- Tax Annual Amount
- 2729
- Bathrooms Full
- 1
- Bedrooms Total
- 0
- Waterfront
- No
- Bathrooms Half
- 0
- General Property Information: Senior Community
- Yes
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 964
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Sep 1, 2026 | ListedMIAMI REALTORS® MLS | $270,000$675/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $2,729 | — |
Payment calculator
Estimated monthly payment$2,727/moIllustrative estimate, not a loan offer.
- Principal & interest
- $1,401
- Property taxes
- $227
- Insurance
- $135
- Association dues
- $964
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
OCEAN BEACH FLA SUBMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Miami Beach South PointeElementary
—Miami Beach NautilusMiddle
—Miami BeachHigh
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