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$395,000

345 Ocean Dr #325, Miami Beach, FL 33139

Baths
1
Living area
605 ft²
Price per ft²
$653 / ft²
Type
Condo
Year built
1970
HOA
$1,049 / mo HOA
On market
4 days on market
MLS #
A12106652

Beautifully renovated condo on iconic Ocean Drive in Miami Beach’s sought-after South of Fifth neighborhood! Available fully furnished or unfurnished, this stylish residence features ocean views, a modern kitchen with a quartz waterfall countertop, an updated bathroom, spacious closets, impact sliding doors, and an in-unit washer and dryer. Enjoy a large, recently renovated heated pool, a new sauna and gym, 24/7 building security, and included cable TV and internet. Low HOA fees and no assessments add exceptional value. Just steps from the beach and oceanfront boardwalk, with all the area’s retail, restaurants, and nightlife within walking distance—an ideal seaside retreat in the heart of Miami Beach.

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 $653. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 8% above the median.
  • Position in the area’s price distributionThe asking price is $395,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 33% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,049 per month comes to $12,588 a year — 3.2% 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%$118,500
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$1,914
Loan amount
$276,500
Total interest over the term
$412,695
Total repaid
$689,195

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

The Marino Realty Group Inc

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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