158 Ocean Dr, Unit 406

Miami Beach, FL 33139

$266,000
Price
Studio
Beds
400 Sq. Ft.
$665 / Sq. Ft.
400
Sq. Ft.
$665
per Sq. Ft.
a large bedroom with a bed furniture and a window
a spacious bedroom with two beds and a chandelier
a kitchen with stainless steel appliances a sink stove and refrigerator
a bathroom with a sink toilet and shower
a view of walk in closet with clothes and shoes
a balcony with wooden floor and city view

Description

Studio on iconic Ocean Dr. in the highly desirable South of Fifth neighborhood. Steps from world-class dining,nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity—currently rented at $1,800/month. Rentals allowed immediately after purchase (no short-term/Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including...Studio on iconic Ocean Dr. in the highly desirable South of Fifth neighborhood. Steps from world-class dining,nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity—currently rented at $1,800/month. Rentals allowed immediately after purchase (no short-term/Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including one next door. Showings Mon–Fri, 10am–6pm,with 24hr notice. Call owner/agent for showing.
  1. Listed by Martin Urruela • Marela Properties, LLC

Property Details for 158 Ocean Drive, Unit 406

Subdivision
OCEAN BEACH FLA SUB
Complex Name
Ocean Towers
Style
Co-Op 1-4 Stories
Waterfront
No
View
Garden View
Unit View
Garden View
Furnished
Unfurnished
Area
42
LISTING UPDATED: 09/28/2025 07:19 PM

Property Details for 158 Ocean Drive, Unit 406

StatusActive
MLS #A11883843
Days on Market90
Taxes$3,141 / year
HOA Fees$2,943 / quarter
Condo/Co-op Fees-
Compass TypeCo-op
MLS TypeCondo/Co-Op/Villa/Townhouse / Co-Op
Year Built1961
CountyMiami-Dade County

Location

Listing Courtesy of Marela Properties, LLC
Add your commute

Building Information for 158 Ocean Drive, Unit 406

Building/ComplexOcean Beach Fla SubFloor4Stories4Residences-Pet Policy-Pet Policy Details-Year Built1961

Payment Calculator

$2,557 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,314

Property Taxes

$262

HOA Dues

$981

The Payment Calculator is for illustrative purposes only.

Property Information for 158 Ocean Drive, Unit 406

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-077-0200
  • Parcel Number MLX: 0200
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 77
  • Subdivision Complex Bldg: Ocean Towers
  • Unit Floor Location: 4
  • Total Floors In Building: 4
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Covered Parking, Parking-Under Building, Space Rented
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 180
  • Num Times Leased Year: 2
  • Type of Governing Bodies: Co-Op
  • Unit Design: Exterior Cat Walk
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Ceramic Floor
  • Floor Description: Ceramic Floor
  • Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11883843
  • Security Information: Complex Fenced, Elevator Secure, Garage Secured
Room Information
Room Information
  • Bedroom Description: Studio
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Room Count: 0
  • Furnished: Unfurnished
  • Interior Features: First Floor Entry
  • Equipment Appliances: Gas Range, Refrigerator
  • Exterior Features: High Impact Doors, Open Porch
  • Maintenance Includes: Building Exterior, Common Area, Elevator, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Outside Maintenance, Reserve Fund, Roof Repairs, Sewer, Water
  • Amenities: Common Laundry, Community Room, Elevator, Exterior Lighting
Financial Information
Financial Information
  • Type of Association: Homeowners
  • Assoc Fee Paid Per: Quarterly
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval, Application Fee Required
Rent Status
  • Other Fees: $150

Property History for 158 Ocean Drive, Unit 406

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Listed (Active)

MiamiRE #A11883843

$266,000—
Jun 18, 2025

Expired

MiamiRE #A11609788

—
Jul 11, 2024

Price Change

MiamiRE #A11609788

$287,000—
Jun 19, 2024

Listed (Active)

MiamiRE #A11609788

$320,000—
May 1, 2014

Sold (Public Record)

Public Record #418917276

$178,000

+14.7% / yr

Apr 22, 2014

Expired

MiamiRE #A1903122

—
Feb 4, 2014

Listed (Active)

MiamiRE #A1903122

$180,000—
Apr 30, 2013

Sold (Public Record)

Public Record #353909228

$155,200—
Apr 30, 2013

Sold

MiamiRE #A1737614

$155,200—
Apr 1, 2013

Pending

MiamiRE #A1737614

—
Jan 16, 2013

Expired

MiamiRE #A1664523

—
Jan 16, 2013

Listed (Active)

MiamiRE #A1737614

$165,000—
Jul 12, 2012

Listed (Active)

MiamiRE #A1664523

$165,000—
DateEvent & SourcePrice
09/15/2025

Listed (Active)

MiamiRE #A11883843

$266,000
06/18/2025

Expired

MiamiRE #A11609788

—
07/11/2024

Price Change

MiamiRE #A11609788

$287,000
06/19/2024

Listed (Active)

MiamiRE #A11609788

$320,000
05/01/2014

Sold (Public Record)

Public Record #418917276

$178,000

+14.7% / yr

04/22/2014

Expired

MiamiRE #A1903122

—
02/04/2014

Listed (Active)

MiamiRE #A1903122

$180,000
04/30/2013

Sold (Public Record)

Public Record #353909228

$155,200
04/30/2013

Sold

MiamiRE #A1737614

$155,200
04/01/2013

Pending

MiamiRE #A1737614

—
01/16/2013

Expired

MiamiRE #A1664523

—
01/16/2013

Listed (Active)

MiamiRE #A1737614

$165,000
07/12/2012

Listed (Active)

MiamiRE #A1664523

$165,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 158 Ocean Drive, Unit 406

Taxable ValueLand-Additions-Total-
Tax Record2024$3,272 ($273 / month)
Home Facts
Beds0Total Finished SqFt400 SqFtAbove Grade Finished SqFt400 SqFtStyleCooperativeYear Built1961Zoning4700:MULTI-FACountyMIAMI-DADEAPN02-4203-077-0200

Schools near 158 Ocean Drive, Unit 406

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
South Pointe Elementary School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
Nautilus Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 158 Ocean Drive, Unit 406, Miami Beach, FL 33139

158 Ocean Drive, Unit 406 is a co-op for sale in Miami Beach, FL 33139. This property was listed for sale on September 15, 2025 by Marela Properties, LLC, it's currently listed at $266,000. It has been on the market for a total of 90 days and was last sold on May 1, 2014. This listing's school district is Miami-Dade County Public Schools. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 158 Ocean Drive, Unit 406 is a 0-bed, 1-bath, 400 sqft co-op built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marela Properties, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.