345 Ocean Drive 424, Miami Beach, FL 33139

1 bed · 1 bath · 654 sqft · Built 1970

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, 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.

Property type

Condominium

Condition

Resale

Year built

1970

Stories

11

Subdivision

OCEAN POINT CONDO

Waterfront

Yes

Waterfront features

NoFixedBridges,OceanAccess,OceanFront

Private pool

No

HOA (monthly)

$945

Parcel number

0242031180620

Annual tax

$6,226

Miami Beach runs from South Beach Art Deco condos to Mid-Beach high-rises and North Beach single-family pockets. The condo market dwarfs the SFH market here — supply dynamics diverge sharply by submarket.