$499,000

345 Ocean Dr #1012, Miami Beach, FL 33139

Bedrooms
1
Baths
1
Living area
659 ft²
Price per ft²
$757 / ft²
Type
Condo
Year built
1970
HOA
$944 / mo HOA
On market
1 days on market
MLS #
A12097413

Experience the best of South of Fifth from this 1-bedroom, 1-bath residence at Ocean Point, ideally located directly on the sand at 345 Ocean Drive. Situated on the 10th floor, this bright 659 SF residence features an upgraded kitchen, in-unit washer and dryer, impact windows and doors, electric shades, and a private south-facing balcony offering a side ocean view along with beautiful sunset and port views. The residence also includes covered assigned parking. Ocean Point has undergone extensive improvements and offers an exceptional beachfront lifestyle with direct beach access, a heated oceanfront pool and pool deck, fitness center, and much more. Perfectly positioned in coveted South of Fifth, just moments from South Pointe Park, the Miami Beach Marina, Beachwalk, and some of Miami Beach’s best dining. An exceptional opportunity to enjoy an oceanfront address in one of Miami Beach’s most desirable neighborhoods.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $757. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 25% above the median.
  • Position in the area’s price distributionThe asking price is $499,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 15% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $944 per month comes to $11,328 a year — 2.3% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$149,700
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$2,390
Loan amount
$349,300
Total interest over the term
$511,083
Total repaid
$860,383

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

One Sotheby's International Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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