301 Ocean Drive 402, Miami Beach, FL 33139

$675,000 · Active

  • 0 beds
  • 1 bath
  • 640 sq ft
  • Condominium
  • Built 1967
  • HOA $800/mo
  • 1 garage space
  • Miami-Dade County
  • MLS# A12113008
  • Ocean Park Condominium In
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About this home

Oceanfront living in coveted South of Fifth with income in place. Residence 402 at Ocean Park is a bright, open 640 sq ft studio with protected south-facing park views. Polished concrete floors, an exposed concrete column, and crisp white cabinetry create a modern-industrial, light-filled space. The kitchen offers a stainless refrigerator, smooth-top cooktop, built-in oven, and ample storage, plus a window counter that seats three for dining or work. A built-in credenza and tall wardrobe add rare studio storage. Also features an updated bath, in-unit washer and dryer, central A/C, and a private balcony overlooking the treetops. Ocean Park is a boutique six-story, 45-residence building on the beach, built in 1967, with its 50-year recertification complete. Enjoy direct beach access, the beachwalk, keypad entry, cameras, an elevator, and one assigned covered, gated parking space plus guest parking. No pool or gym; fitness options are within walking distance. Rental policy: 6-month minimum lease, no leasing in the first year of ownership, association approval required for tenants, no pets. Leased at $3,200/month through 12/22/2026. The tenant would like to stay, so an investor can renew and keep income from day one, or the tenant can vacate on 12/22. Walk to the park, pier, marina, Ocean Drive, and South of Fifth dining, with Lincoln Road, the Art Deco District, Downtown, and Brickell minutes away.

Video Tour

Watch the video tour of 301 Ocean Drive 402

Features

Schools

  • Elementary: Miami Beach South Pointe
  • Middle: Miami Beach Nautilus
  • High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Joanne Jones

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 301 Ocean Drive 402.

Questions About 301 Ocean Drive 402

How much is 301 Ocean Drive 402?
301 Ocean Drive 402 is listed at $675,000, which is about $1,055 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 301 Ocean Drive 402?
The listing reports an association fee of $800 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 301 Ocean Drive 402?
The listing reports annual property taxes of $9,743 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 301 Ocean Drive 402 built?
301 Ocean Drive 402 was built in 1967. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 301 Ocean Drive 402 been on the market?
301 Ocean Drive 402 has been listed for 8 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 301 Ocean Drive 402 waterfront?
Yes. The listing describes the water as ocean access other ocean front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 301 Ocean Drive 402?
The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 2 bedroom condo at 227 Michigan Avenue 405, Miami Beach, FL 33139 is comparable and listed for sale at $665,000. Another comparable condo, 1800 Sunset Harbour Drive 2105, Miami Beach, FL 33139, sold for $750,000 in October 2026. Other Miami Beach neighborhoods include La Gorce and Lakeview. Nearby ZIP codes include 33109 and 33140. This property also neighbors Fisher Island, Miami, and Brickell. Compare it with the Miami Beach housing market report.