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Lofty Training

loftytraining@lptrealty.com +1(000) 000-0000

Listed by Joanne Jones • Compass Florida, LLC

$ 675,000

Est. payment | -/mo

1 Bath

640 SqFt

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$ 675,000

Est. payment | -/mo

Save Virtual Tour

1 Bath

640 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 640 sqft

Price per Sqft $1,054

Subdivision Ocean Park

MLS Listing ID A12113008

Full Baths 1

Year Built 1967

Annual Tax Amount $9,743

Tax Year 2025

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Miami- Dade

Community Elevator, Laundry Facilities, None, Trash Chute

Area 2420

Interior

Interior Features Built-in Features, Breakfast Area, Eat-in Kitchen, Separate Shower

Heating Electric

Cooling Electric

Flooring Concrete

Fireplace No

Window Features Blinds

Appliance Built-In Oven, Dryer, Ice Maker, Microwave, Refrigerator, Washer

Laundry Common Area

Exterior

Parking Features Attached, Covered, Garage, Guest

Community Features Elevator, Laundry Facilities, None, Trash Chute

Amenities Available Elevator(s)

Waterfront Description Ocean Access, Ocean Front

View Y/N Yes

View Garden

Total Parking Spaces 1

Others

Pets Allowed No

HOA Fee Include Association Management,Hot Water,Insurance,Laundry,Legal/Accounting,Parking,Reserve Fund,Sewer,Trash,Water

Senior Community No

Tax ID 02-42-03-057-0200

Security Features Phone Entry

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed No

Virtual Tour https://youtu.be/J1dk9kHnaP8?si=o-lw2cVqDpTSn40D

Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

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301 Ocean #402 Miami Beach, FL 33139