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How this price compares

List price
$499,000
Price per sq ft
$757
Vs. nearby sales
20.2% above
Days on market
N/A

This 1-bedroom condo in Ocean Point Condo is listed at $499,000, or $757 per square foot. The 6 most recent condo sales in the closings shown below sold at a median of $630 per square foot, so the asking price is 20.2% above what comparable homes here actually sold for.

1
Bedrooms
1
Bathrooms
659
Living Sq Ft
1970
Year Built

Estimated monthly payment

$2,622 /mo

Principal and interest only, based on $99,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $944/mo HOA are not included.

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Listing Snapshot

Price
$499,000
Days on Site
0 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
659 sqft
Total Sq Ft
659 sqft
Year Built
1970
Property Type
Condo
MLS #
A12097413
Property Tax
$6,897 (2025)
HOA Fees
$944 / Monthly
Subdivision
OCEAN POINT CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Experience the best of South of Fifth from this 1-bedroom, 1-bath residence at Ocean Point, ideally located directly on the sand at 345 Ocean Drive. Situated on the 10th floor, this bright 659 SF residence features an upgraded kitchen, in-unit washer and dryer, impact windows and doors, electric shades, and a private south-facing balcony offering a side ocean view along with beautiful sunset and port views. The residence also includes covered assigned parking. Ocean Point has undergone extensive improvements and offers an exceptional beachfront lifestyle with direct beach access, a heated oceanfront pool and pool deck, fitness center, and much more. Perfectly positioned in coveted South of Fifth, just moments from South Pointe Park, the Miami Beach Marina, Beachwalk, and some of Miami Beach’s best dining. An exceptional opportunity to enjoy an oceanfront address in one of Miami Beach’s most desirable neighborhoods.

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General Features

Property Type
Condo
Status
Active
Year Built
1970
Property Condition
Resale
Number of Stories
11
Garage Spaces
1
Parking
Covered / Garage / Garage Door Opener
Direction Faces
Southeast
Living Sq Ft
659
Total Sq Ft
659

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Interior Features
Bedroom On Main Level / Bathtub / Elevator / Living Dining Room / Custom Mirrors / Other / Soaking Tub / Separate Shower / Tub Shower

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Ocean Access / Ocean Front / Other
View
Ocean / Other / Pool / Skyline

Community & HOA

HOA Fee
$944 / Monthly
HOA Includes
Cable Tv / Hot Water / Internet / Trash / Water
Association Amenities
Fitness Center / Pool / Parking
Security
Elevator Secured / Fire Sprinkler System / Secured Garage Parking / Key Card Entry / Security Guard
Utilities
Cable Available
Pets Allowed
Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Lease2nd Year Owned
MLS Area
2420

This home's HOA fee works out to $944 a month, in line with the $944 median across 14 homes for sale in Ocean Point Condo. See Ocean Point Condo HOA fees

Schools

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach

Ocean Point Condo is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $374,999 to $1,200,000. Homes were built starting 1970. Pure Equity lists homes in Ocean Point and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
14
Median List Price
$518,500
Median $/Sq Ft
$815
Avg Days on Market
101
View all 14 homes for sale in Ocean Point →
How do I schedule a tour of 345 Ocean Drive 1012, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 345 Ocean Drive 1012, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 345 Ocean Drive 1012, Miami Beach, FL 33139 still available?
345 Ocean Drive 1012, Miami Beach, FL 33139 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 345 Ocean Drive 1012, Miami Beach, FL 33139?
With 20% down ($99,800) on the $499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 345 Ocean Drive 1012, Miami Beach, FL 33139 is about $2,622/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 345 Ocean Drive 1012, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 345 Ocean Drive 1012, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 345 Ocean Drive 1012, Miami Beach, FL 33139 have an HOA fee?
Yes: 345 Ocean Drive 1012, Miami Beach, FL 33139 carries an HOA fee of about $944 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 345 Ocean Drive 1012, Miami Beach, FL 33139?
345 Ocean Drive 1012, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 345 Ocean Drive 1012, Miami Beach, FL 33139?
Often, yes. The right offer on 345 Ocean Drive 1012, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of One Sotheby's International Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 7, 2026.

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Listed by Vanessa Veronica Frank, One Sotheby's International Realty

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