335 Ocean Dr 228, Miami Beach, FL 33139 — MLS photo

Get More Info About This Property

335 Ocean Dr 228, Miami Beach, FL 33139

Active · Condominium

$385,000

335 Ocean Dr 228, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
410 sq ft
$ / sq ft
$939/sq ft
Year built
1939
Lot size
—
HOA fee
$575
Annual tax
—

About this property

Premier value acquisition—currently the lowest price per square foot for a one-bedroom in the building, recently repriced to capture immediate investor attention. Turnkey, income-generating asset: a fully licensed Airbnb property with established short-term rental history, offering strong yield potential and seamless continuity for the next owner. This is a rare opportunity to secure a performing asset in a high-demand rental corridor. Due to consistent occupancy, access is limited; showings are by appointment only and may require advance coordination. Please schedule via ShowingTime or text for priority confirmation. Disclosure: A special assessment is in place for the 40-year certification program, including roof replacement, structural upgrades, and comprehensive building improvements, as outlined by the management company—positioning the asset for long-term value preservation and enhanced capital stability.

Property location

Get Directions

335 Ocean Dr 228, Miami Beach, FL 33139

Loading property location…

Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
410 sq ft

Exterior & Structure

Property type
Condominium
Year built
1939

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$575
County
Miami-Dade
MLS listing ID
A12003798
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,617

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.0%
Gross yield
5.6%
Mortgage payment
$1,825/mo
Down payment
$96,250
Loan amount
$288,750
Annual NOI
$2,498

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.