260 Ocean Dr 12A, Miami Beach, FL 33139 — MLS photo

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260 Ocean Dr 12A, Miami Beach, FL 33139

Active · Condominium

$389,900

260 Ocean Dr 12A, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
650 sq ft
$ / sq ft
$600/sq ft
Year built
1959
Lot size
—
HOA fee
$1,626
Annual tax
—

About this property

Welcome Home! 1-bedroom, 1-bath residence in the heart of South of Fifth (SoFi), one of Miami Beach's most desirable neighborhoods. This front-facing unit offers a bright and spacious layout with a private balcony overlooking the park, and steps away from the beach. The condo features a newly remodeled kitchen with updated cabinetry and countertops, providing a fresh and modern feel. The generous bedroom and comfortable living area make this home ideal for year-round living or a seasonal retreat. Step outside and find yourself surrounded by some of Miami Beach's most acclaimed restaurants, charming cafés, and waterfront dining destinations. Enjoy morning walks or evening bike rides along the nearby boardwalk, spend your days at the beach just beyond the park, or take a short stroll to the iconic South Pointe Park, known for its scenic walking paths, lush green spaces, and breathtaking ocean views. This well-maintained 55+ community offers a quiet residential atmosphere. No rentals permitted. No assigned parking spot.

Property location

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260 Ocean Dr 12A, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
650 sq ft

Exterior & Structure

Property type
Condominium
Year built
1959

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,626
County
Miami-Dade
MLS listing ID
A12032872
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

-$2,301

Cap rate
-1.4%
Net yield
-1.4%
Cash-on-cash return
-25.3%
Gross yield
6.9%
Mortgage payment
$1,848/mo
Down payment
$97,475
Loan amount
$292,425
Annual NOI
-$5,435

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