$499,000

345 Ocean Dr #705, Miami Beach, FL 33139

Bedrooms
1
Baths
2
Living area
662 ft²
Price per ft²
$754 / ft²
Type
Condo
Year built
1970
HOA
$945 / mo HOA
On market
3 days on market
MLS #
A12101479

South Beach Oceanfront: Corner Residence in the Coveted South of Fifth neighborhood with den & 2 full bathrooms! This beautifully remodeled corner residence offers the perfect combination of luxury, style, and flexibility in one of South Beach’s most desirable neighborhoods. Thoughtfully redesigned with modern finishes throughout, the home features elegant porcelain tile flooring, an open-concept kitchen with integrated appliances, and 2 beautifully updated full bathrooms. A unique second room adds exceptional versatility and can be used as a private home office, oversized luxury closet, den, or even a cozy guest room—an uncommon feature that makes this residence stand out. Enjoy the convenience of in-unit washer and dryer, along with the lifestyle amenities of this completely updated oceanfront building (building just completed a full renovation including building exterior, new elevators, new impact windows and doors, new roof, and a new lobby that is nearly complete – all paid for by seller). Residents enjoy a heated oceanfront pool, beach service with two chairs and an umbrella, a new fitness center, sauna, and 24 hour security. Priced for a quick cash sale at the seller’s request, this is a rare opportunity to own a beautifully remodeled oceanfront residence in one of Miami Beach’s most coveted locations.

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 $754. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 24% 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 $945 per month comes to $11,340 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.

The Keyes Company

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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