$499,000
345 Ocean Drive 705
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $499,000
- Price per sq ft
- $754
- Vs. nearby sales
- 19.7% above
- Days on market
- N/A
This 1-bedroom condo in Ocean Point Condo is listed at $499,000, or $754 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 19.7% above what comparable homes here actually sold for.
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 $945/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $499,000
- Days on Site
- 0 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 662 sqft
- Total Sq Ft
- 662 sqft
- Year Built
- 1970
- Property Type
- Condo
- MLS #
- A12101479
- Property Tax
- $6,143 (2025)
- HOA Fees
- $945 / Monthly
- Subdivision
- OCEAN POINT CONDO
- Development
- Ocean Point
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
South Beach Oceanfront: Corner Residence in the Coveted South of Fifth neighborhood with den & parking! This beautifully remodeled corner residence offers the perfect combination of luxury, style, and flexibility in one of South Beach’s most desirable neighborhoods. Thoughtfully redesigned with modern finishes throughout, the home features elegant porcelain tile flooring, an open-concept kitchen with integrated appliances, and 2 beautifully updated full bathrooms. A unique second room adds exceptional versatility and can be used as a private home office, oversized luxury closet, den, or even a cozy guest room—an uncommon feature that makes this residence stand out. Enjoy the convenience of covered parking and in-unit washer and dryer, along with the lifestyle amenities of this completely updated oceanfront building (building just completed a full renovation including building exterior, new elevators, new impact windows and doors, new roof, and a new lobby that is nearly complete – all paid for by seller). Residents enjoy a heated oceanfront pool, beach service with two chairs and an umbrella, a new fitness center, sauna, and 24 hour security. Priced for a quick cash sale at the seller’s request, this is a rare opportunity to own a beautifully remodeled oceanfront residence in one of Miami Beach’s most coveted locations.
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
- West
- Living Sq Ft
- 662
- Total Sq Ft
- 662
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Breakfast Bar / Closet Cabinetry / Family Dining Room / Separate Shower / Walk In Closets
- Windows
- Blinds
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Heated
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- No Fixed Bridges / Ocean Front
- View
- Ocean / Skyline
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
- Bike Storage / Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Management / Pool / Sauna / Trash
- Security
- Closed Circuit Cameras / Security Guard
- Pets Allowed
- No
- Financing Terms
- Cash
- Restrictions
- No Lease2nd Year Owned / Ok To Lease
- MLS Area
- 2420
This home's HOA fee works out to $945 a month, in line with the $944 median across 12 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
About the Community
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
- 12
- Median List Price
- $518,500
- Median $/Sq Ft
- $815
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 345 Ocean Drive 705, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 345 Ocean Drive 705, 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 705, Miami Beach, FL 33139 still available?
- 345 Ocean Drive 705, 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 705, 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 705, 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 705, 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 705, 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 705, Miami Beach, FL 33139 have an HOA fee?
- Yes: 345 Ocean Drive 705, 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 705, Miami Beach, FL 33139?
- 345 Ocean Drive 705, 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 705, Miami Beach, FL 33139?
- Often, yes. The right offer on 345 Ocean Drive 705, 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 October 6, 2026.
$499,000
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Listed by Danell L Van Orden, The Keyes Company
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Recent Sales
Recently sold homes in Ocean Point Condo
These are the last 6 recorded closings in Ocean Point Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $634 per square foot. The most recent closed on June 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$320,000
Sold · June 9, 2026
345 Ocean Drive 1018
0 bed · 1 bath · 407 sqft · $786/sqft
$30,000 under the asking price
Sold$410,000
Sold · May 29, 2026
345 Ocean Drive 707
1 bed · 1 bath · 656 sqft · $625/sqft
$40,000 under the asking price
Sold$485,000
Sold · April 27, 2026
345 Ocean Drive 714
1 bed · 1 bath · 656 sqft · $739/sqft
$90,000 under the asking price
Sold$419,717
Sold · April 21, 2026
345 Ocean Drive 1022
1 bed · 1 bath · 662 sqft · $634/sqft
$30,283 under the asking price
Sold$380,000
Sold · March 12, 2026
345 Ocean Drive 904
1 bed · 1 bath · 662 sqft · $574/sqft
$14,000 under the asking price
Sold$325,000
Sold · February 17, 2026
345 Ocean Drive 407
1 bed · 1 bath · 656 sqft · $495/sqft
$50,000 under the asking price
See every recorded sale in Ocean Point Condo or find out what your Ocean Point Condo home is worth.
