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158 Ocean Dr 406Miami Beach, FL 33139

For Sale

$275,000

Smart Buyer Rebate $1,875

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.

Listed by Martin Urruela

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License #3258808

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Marela Properties, LLC

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7862823992

Last updated September 11, 2026

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Source: MIAMIRE #A12085601

Listing Facts

  • TypeCo-op
  • NeighborhoodSoFi
  • Bathrooms1
  • Days on Prevu14
  • HOA/Maint. Fees$2,890/quarter
  • Taxes$3,267/year
  • Size400 sqft
  • Price per sqft$688

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

09/01/2026
Listed by Marela Properties, LLC
$275,000
  1. 09/01/2026$275,000
    Listed by Marela Properties, LLC

Property Details for 158 Ocean Dr 406

Association

Amenities

  • Association Amenities: Clubhouse, Laundry, Elevator(s), Management
  • Pets Allowed: No

Fees

  • Association Fee: $2,890.00 Quarterly
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 4
  • Year Built: 1961
  • Year Built Details: Effective Year Built
  • Construction Materials: Block
  • Entry Level: 4
  • Entry Location: 4

Features

  • Building Features: Exterior Lighting
  • Patio And Porch Features: Porch
  • View: City, Garden, Ocean

Measurements

  • Building Area Total: 400
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-42-03-077-0200
  • Tax Annual Amount: $3,267.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Electric Range, Ice Maker, Microwave, Refrigerator
  • Flooring: Ceramic Tile
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 400

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1

Other

Location

  • Subdivision Name: OCEAN BEACH FLA SUB

Parking

Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Covered, Underground, Garage, Leased

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is bedrooms and 1 bathroom in this co-op at 158 Ocean Dr 406.

What are the annual taxes for 158 Ocean Dr 406?

Annual taxes for this co-op are estimated at $3,267.

What is the square footage on this co-op?

According to the MLS, this listing is 400 sqft.

158 Ocean Dr 406 is a -bedroom, 1-bath co-op for sale in Miami Beach FL 33139. Listed on Prevu for 14 days at $275,000. This home features 400 square feet of living space, located in SoFi. The median listing price for co-ops in this area is $899,000. Property amenities include private outdoor space and parking. Explore more co-op listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.