301 Ocean Dr # 402, Miami Beach, FL 33139

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.

Property Details

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Built-in Features

Appliances

Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer

Flooring

Concrete

Heating

Electric

Cooling

Electric

Architectural Style

Garden Apartment, High Rise

Garage Spaces

1

Parking Features

1 Space, Covered, Guest, Parking-Under Building

Building & Association

Building Name

Ocean Park

Stories Total

6

Entry Level

4

Association

Yes

Association Fee

$800

Association Fee Frequency

Monthly

Association Amenities

Laundry, Elevator(s), Exterior Lighting, None, Trash Chute

Pets Allowed

No

Security Features

Phone Entry, Intercom In Lobby

Lot & Construction

Lot Size Square Feet

0

Waterfront

Yes

Waterfront Features

Ocean Access, Ocean Front

View

Garden View

Construction Materials

Concrete Block Construction

Exterior Features

Exterior Cat Walk

New Construction

No

Public Records

Parcel Number

02-42-03-057-0200

Tax Annual Amount

$9,743

Tax Year

2,025

County Or Parish

Miami-Dade County

Location