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301 Ocean Dr #402

$675,000

0 bd · 1 ba · 640 sqft · Ocean Park Inn · South Beach

14% below Ocean Park Inn’s asking median $/sqft
Status
For sale
Price per sqft
$1,055/sqft
HOA
$800/mo
Year built
1967
Floor
4
Parking
1
Furnished
—
View
Garden View
Waterfront
Yes
Days on market
3
Listed
Oct 23, 2026
MLS #
A12113008

Highlights from the listing

Pulled from the MLS description. Verify with the listing agent.

Rental income in placeCurrent rent: $3,200/month · Lease ends: 12/22/2026

“Leased at $3,200/month through 12/22/2026.”

Rental restrictionspets: no pets · minimum_lease: 6 months · tenant_approval: association approval required · first_year_leasing: not allowed

“Rental policy: 6-month minimum lease, no leasing in the first year of ownership, association approval required for tenants, no pets.”

Tenant occupiedLease ends: 12/22/2026

“The tenant would like to stay, so an investor can renew and keep income from day one, or the tenant can vacate on 12/22.”

About this unit

Residence 402 at Ocean Park is a bright, open 640 sq ft studio in South of Fifth with protected south-facing park views. Polished concrete floors, an exposed concrete column, and crisp white cabinetry create a modern-industrial, light-filled space. The kitchen offers a stainless refrigerator, smooth-top cooktop, built-in oven, and ample storage, plus a window counter that seats three for dining or work. A built-in credenza and tall wardrobe add rare studio storage. Also featured are an updated bath, in-unit washer and dryer, central A/C, and a private balcony overlooking the treetops. Ocean Park is a boutique six-story, 45-residence beachfront building constructed in 1967, with its 50-year recertification complete. Amenities include direct beach access, the beachwalk, keypad entry, cameras, an elevator, and one assigned covered, gated parking space plus guest parking. There is no pool or gym; fitness options are within walking distance. Rental policy: 6-month minimum lease, no leasing in the first year of ownership, association approval required for tenants, and no pets. The unit is currently leased at $3,200/month through 12/22/2026. The location is walkable to the park, pier, marina, Ocean Drive, and South of Fifth dining, with Lincoln Road, the Art Deco District, Downtown, and Brickell minutes away

Listing courtesy of Compass Florida, LLC, Joanne Jones (Lic. #3113167) · MLS #A12113008 · Updated Oct 26, 2026

Neighborhood & lifestyle

What's around this home in South Beach — transit, parks, dining and landmarks within reach.

Nearby & transit
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way

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