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Slice RealtyPropiedad Futura

$270,000

0 bd · 1 ba · 400 sq ft · Stock Cooperative

158 Ocean Dr # 203, Miami Beach FL 33139

For Sale · Active listing

Est. payment $1,484/mo · Mortgage calculator

Listed by Marela Properties, LLC / Martin Urruela

Contact: 786-282-3992 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

Location, Location, Location. Studio on iconic Ocean Drive in the highly desirable South of Fifth neighborhood. Ideally located just steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. The building offers covered parking, with spaces available for rent through the HOA, and has recently completed its 40-year recertification. No pets permitted. An excellent income-producing opportunity, the unit is currently rented for $1,800/month. The building allows rentals immediately after purchase; short-term rentals and Airbnb are not permitted. The owner is also offering an additional unit in the building for sale, providing a potential opportunity to acquire multiple units. Showings are available Monday through Friday, 10:00 AM–6:00 PM, with 24-hour notice. Please contact the owner/agent to schedule.

Facts
MLS #
A12085617
Subdivision
OCEAN BEACH FLA SUB
Property type
Residential
Property subtype
Stock Cooperative
Sq. ft.
400
Price per sq. ft.
$675 / sq ft
Year built
1961
Days on market
10
County
Miami-Dade County
Date listed
Sep 1, 2026
Last updated
Sep 11, 2026
Financial considerations
HOA fee
$2,890 quarterly
Taxes
$2,729 (2025)
HOA amenities
Laundry, Community Room, Elevator(s), Exterior Lighting
Exterior features
Waterfront
No
View
Garden View, Skyline
Construction
CBS Construction
Additional features
Exterior Cat Walk
Interior features
Heating
Window/Wall
Cooling
Wall/Window Unit(s)
Appliances
Gas Range, Ice Maker, Refrigerator
Additional features
First Floor Entry
Additional features
Pets allowed
No
Security
Complex Fenced, Elevator Secure, Secured Garage/Parking

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.

Loan amount$216,000
Total cost of mortgage$534,157
Monthly payment$1,484

Local context (our analysis)

1,891 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $705 per sq ft. This home asks $675 per sq ft.

Miami Beach market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated Sep 11, 2026, 10:57 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.