Studio on iconic Ocean Dr. in the highly desirable South of Fifth neighborhood. Steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity—currently rented at $1,800/month. Rentals allowed immediately after purchase (no short-term/Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including one next door. Showings Mon–Fri, 10am–6pm, with 24hr notice. Call owner/agent for showing.
Listed by Martin Urruela
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License #3226725
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Marela Properties, LLC
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305-439-5299
Last updated September 28, 2025
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Source: MIAMIRE #A11883830
Listing Facts
TypeCo-op
NeighborhoodSoFi
Bathrooms1
Days on Prevu37
HOA/Maint. Fees$2,943/quarter
Taxes$3,141/year
Size400 sqft
Price per sqft$668
Amenities
Private Outdoor Space
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
09/15/2025
Listed by Marela Properties, LLC
$267,000
Property Details for 158 Ocean Dr 407
Association
Amenities
Association Amenities: Laundry, Community Room, Elevator(s), Exterior Lighting
Pets Allowed: No
Fees
Association Fee: $2,943.00 Quarterly
Association Fee Includes: Building Exterior, Common Area, Elevator, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Outside Maintenance, Reserve Fund, Roof Repairs, Sewer, Water
General
Number Of Units In Community: 21
Exterior
Construction
Number Of Units Total: 21
Property Attached: Yes
Stories Total: 4
Structure Type: Co-Op 1-4 Stories, Co-Op
Year Built: 1961
Year Built Details: Effective Year Built
Architectural Style: Corner Unit
Building Name: Ocean Towers
Construction Materials: CBS Construction
Entry Level: 4
Exterior Features: Exterior Cat Walk
Features
Patio And Porch Features: Open Porch
View: Garden View, Ocean View, Skyline
Waterfront Features: Ocean Access
Waterfront: Yes
Measurements
Building Area Total: 400
Building Area Units: Square Feet
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 02-42-03-077-0210
Tax Annual Amount: $3,141.00
Tax Year: 2024
Interior
Features
Appliances: Gas Range, Refrigerator
Flooring: Ceramic Floor
Interior Features: First Floor Entry
Measurements
Living Area: 400
Living Area Units: Square Feet
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Other
Location
Subdivision Name: OCEAN BEACH FLA SUB
Parking
Parking
Parking Features: Covered, Parking-Under Building, Space Rented
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Window/Wall
Has Heating: Yes
Laundry Features: Common Area
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.
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.
