Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 605 sq ft
Active · Condominium
$395,000
345 Ocean Dr 325, Miami Beach, FL 33139
- Beds
- 0
- Baths
- 1
- Living area
- 605 sq ft
- $ / sq ft
- $653/sq ft
- Year built
- 1970
- Lot size
- —
- HOA fee
- $1,049
- Annual tax
- —
About this property
Beautifully renovated condo on iconic Ocean Drive in Miami Beach’s sought-after South of Fifth neighborhood! Available fully furnished or unfurnished, this stylish residence features ocean views, a modern kitchen with a quartz waterfall countertop, an updated bathroom, spacious closets, impact sliding doors, and an in-unit washer and dryer. Enjoy a large, recently renovated heated pool, a new sauna and gym, 24/7 building security, and included cable TV and internet. Low HOA fees and no assessments add exceptional value. Just steps from the beach and oceanfront boardwalk, with all the area’s retail, restaurants, and nightlife within walking distance—an ideal seaside retreat in the heart of Miami Beach.
Property location
Get Directions345 Ocean Dr 325, Miami Beach, FL 33139
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1970
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,049
- County
- Miami-Dade
- MLS listing ID
- A12106652
- 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
-$1,820
- Cap rate
- 0.2%
- Net yield
- 0.2%
- Cash-on-cash return
- -19.7%
- Gross yield
- 6.6%
- Mortgage payment
- $1,873/mo
- Down payment
- $98,750
- Loan amount
- $296,250
- Annual NOI
- $632
Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.