# Ocean Point

As of 2026-10-30, Ocean Point in South Beach has 7 units for sale at a median asking price of $475K ($726/sqft); 11 units sold in the last 12 months.

Ocean Point is an oceanfront condominium located in the South of Fifth neighborhood of Miami Beach.

## Key facts

| | |
|---|---|
| Address | 345 Ocean Dr |
| Neighborhood | South of Fifth, South Beach |
| Year built | 1970 |
| Floors | 17 |
| Units | 236 |
| Waterfront | yes |
| For sale | 7 |
| Pending | 3 |
| Median asking price | $475,000 |
| Median asking $/sqft | $726/sqft |
| Sold, last 12 months | 11 |
| Median sold $/sqft, 12 months | $625/sqft |
| Months of inventory | 7.6 |
| Median HOA | $945/mo |
| Parking | The building offers covered parking, including assigned spaces. |

## Own Miami measures

- **own.miami Building Score: 66 (B+)**
  - Value: 54 — $726/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 88 — +20.7% $/sqft over 6 months
  - Liquidity: 52 — 7.6 months of supply · 102 days on market
  - Health: 85 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 90 — Waterfront building
  - Age: 18 — Built 1970 — vs. South Beach buildings
- **Own Miami Condo Index: 100** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 342 of 698 tracked Miami condos)
- **Financeability Index: 32** (limited; 12-month window, 4 recorded mortgages, 23% of sales bank-financed, lowest down payment 30%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2035)

## Building health (verified public records)

- Public records checked 2026-10-31
- Legal & regulatory: 0 material cases active, 0 disputes active, 1 DBPR complaints (36 months)

## Frequently asked questions

**How much do condos at Ocean Point cost?**

There are 7 condos for sale at Ocean Point, from $395,000, with a median asking price of $475,000 ($726/sqft).

**How much are the HOA fees at Ocean Point?**

HOA / maintenance fees at Ocean Point run around $945 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is Ocean Point a waterfront building?**

Yes — Ocean Point is a waterfront building (South Beach).

**When was Ocean Point built?**

Ocean Point was built in 1970, 17 stories, 236 residences.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Ocean Point](https://own.miami/buildings/ocean-point/for-sale)
- [The Decoplage](https://own.miami/buildings/the-decoplage)
- [South Bay Club](https://own.miami/buildings/south-bay-club)
- [The Georgian](https://own.miami/buildings/the-georgian)
- [The Presidential](https://own.miami/buildings/the-presidential)

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Source: Own.Miami — https://own.miami · data as of 2026-10-30
Canonical page: https://own.miami/buildings/ocean-point
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai