301 Ocean Drive #402, Miami Beach, FL

About this home

Oceanfront living in coveted South of Fifth with income in place. Residence 402 at Ocean Park is a bright, open 640 sq ft studio with protected south-facing park views. Polished concrete floors, an exposed concrete column, and crisp white cabinetry create a modern-industrial, light-filled space. The kitchen offers a stainless refrigerator, smooth-top cooktop, built-in oven, and ample storage, plus a window counter that seats three for dining or work. A built-in credenza and tall wardrobe add rare studio storage. Also features an updated bath, in-unit washer and dryer, central A/C, and a private balcony overlooking the treetops. Ocean Park is a boutique six-story, 45-residence building on the beach, built in 1967, with its 50-year recertification complete. Enjoy direct beach access, the beachwalk, keypad entry, cameras, an elevator, and one assigned covered, gated parking space plus guest parking. No pool or gym; fitness options are within walking distance. Rental policy: 6-month minimum lease, no leasing in the first year of ownership, association approval required for tenants, no pets. Leased at $3,200/month through 12/22/2026. The tenant would like to stay, so an investor can renew and keep income from day one, or the tenant can vacate on 12/22. Walk to the park, pier, marina, Ocean Drive, and South of Fifth dining, with Lincoln Road, the Art Deco District, Downtown, and Brickell minutes away.

Area

Miami Beach

MLS #

A12113008

Living area (m²)

59 m²

Price per m²

$11,356

HOA (per month)

$800Includes: Hot Water, Insurance, Legal Accounting, Maintenance Structure, Reserve Fund, Sewer, Trash, Water

Property tax (per year)

$9,743 (2025)

Year built

1967

Floors in the building

6

Parking

Garage: 1

Pets

Not allowed

Waterfront

Yes

Flooring

Concrete

View

Garden

Listed

October 22, 2026

Days on market

17

Interior features

• Built In Features
• Breakfast Area
• Eat In Kitchen
• Separate Shower

Exterior features

• Lighting
• Outdoor Living Area

Building amenities

• Laundry
• Management
• Parking
• Trash
• Elevators

Parking features

• Attached
• Covered
• Garage
• Guest

Appliances

• Dryer
• Ice Maker
• Microwave
• Oven
• Refrigerator
• Washer