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345 Ocean Drive 424, Miami Beach, FL 33139
Active
138 Days on Market
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How this price compares

List price
$475,000
Price per sq ft
$726
Vs. nearby sales
15.2% above
Days on market
138

This 1-bedroom condo in Ocean Point Condo is listed at $475,000, or $726 per square foot. It has been on the market for 138 days. 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 15.2% above what comparable homes here actually sold for.

1
Bedrooms
1
Bathrooms
654
Living Sq Ft
1970
Year Built

Estimated monthly payment

$2,496 /mo

Principal and interest only, based on $95,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $945/mo HOA are not included.

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Listing Snapshot

Price
$475,000
Days on Site
138 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
654 sqft
Year Built
1970
Property Type
Condo
MLS #
A12016035
Property Tax
$6,226 (2025)
HOA Fees
$945 / Monthly
Subdivision
OCEAN POINT CONDO
County
Miami Dade
Status
Active

About This Property

This beautifully updated 1-bedroom, 1-bath residence truly has it all—ocean views, an oversized balcony, covered parking, and a prime location in a newly renovated oceanfront building in highly desirable South of Fifth. Featuring tile floors throughout, a modern kitchen with new cabinetry, granite countertops, and stainless appliances, new tankless water heater, generous closet space with room for a washer/dryer (which is allowed), central A/C, impact windows and sliding glass door, and assigned covered parking. Enjoy northeast-facing ocean views from the spacious oversized balcony. The oceanfront building has recently completed an extensive renovation including a new exterior, new roof, new elevators, new oceanfront patio with heated pool, new ocean view fitness center, and new lobbies and building entrance are underway- with all assessments paid by Seller! Excellent tenant in place through 12/3/2026, making this a great opportunity for both end users and investors.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1970
Property Condition
Resale
Number of Stories
11
Levels
One
Garage Spaces
1
Attached Garage
Yes
Parking
Assigned / Attached / Covered / Garage
Direction Faces
Northeast
Living Sq Ft
654

Interior Features

Appliances
Electric Range / Microwave / Refrigerator
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Bedroom On Main Level / Family Dining Room / Tub Shower / Walk In Closets
Windows
Blinds
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
No Fixed Bridges / Ocean Access / Ocean Front
View
Beach / Ocean

Community & HOA

HOA Fee
$945 / Monthly
HOA Includes
Common Areas / Cable Tv / Insurance / Internet / Legal Accounting / Maintenance Grounds / Pest Control / Pools / Sewer / Security / Trash / Water
Association Amenities
Beach Rights / Beach Access / Bike Storage / Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Laundry / Management / Picnic Area / Trash
Security
Closed Circuit Cameras / Security Fence / Security Guard
Utilities
Cable Available
Pets Allowed
No
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease
MLS Area
2420

This home's HOA fee works out to $945 a month, in line with the $944 median across 11 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
11
Median List Price
$538,000
Median $/Sq Ft
$818
Avg Days on Market
129
View all 11 homes for sale in Ocean Point →
How do I schedule a tour of 345 Ocean Drive 424, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 345 Ocean Drive 424, 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 424, Miami Beach, FL 33139 still available?
345 Ocean Drive 424, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 138 days. 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 424, Miami Beach, FL 33139?
With 20% down ($95,000) on the $475,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 345 Ocean Drive 424, Miami Beach, FL 33139 is about $2,496/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 424, 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 424, 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 424, Miami Beach, FL 33139 have an HOA fee?
Yes: 345 Ocean Drive 424, Miami Beach, FL 33139 carries an HOA fee of about $945 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 424, Miami Beach, FL 33139?
345 Ocean Drive 424, 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 424, Miami Beach, FL 33139?
Often, yes. The right offer on 345 Ocean Drive 424, 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 The Keyes Company

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 June 23, 2026.

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Listed by Danell L Van Orden, The Keyes Company

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