345 Ocean Drive 512, Miami Beach, FL 33139

Condominium · Active

$575,000

345 Ocean Drive 512, Miami Beach, FL 33139 — MLS photo

Miami Real Estate Listings & Homes for Sale

345 Ocean Drive 512, Miami Beach, FL 33139

Bedrooms
1
Bathrooms
1
Interior
659 sq ft
Price / sq ft
$873/sq ft
Built
1970
Lot
—

The residence

For sale furnished oceanfront Living in Exclusive South Beach South of Fifth (SoFi) Neighborhood.Experience the living in this Miami's most sought-after neighborhoods. Renovated modern Italian Kitchen, opens to the spacious living room perfect for entertaining. Sleek Bathroom, Cozy Bedroom, Private Balcony, In-Unit Washer and dryer. New renovated building 40 yr recertification, New elevators, New exterior, New front desk coming soon, New Heated Oceanfront Pool deck, New Gym, new Community Room, New Hallways, new impact windows/Doors, 24/7 Security, WiFi high-speed internet. HOA Includes Water, sewer, trash, and pest control. Rented allow 24 hrs for showings.

Property location

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345 Ocean Drive 512, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
659 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Living Dining Room
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1970
Stories
11
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Shutters Electric, Storm Security Shutters
Pool
Association, Community
Waterfront
Ocean Access
View
Ocean

Parking

Covered spaces
0
Parking features
On Street

HOA, Community & Financials

Association fee
$945 Monthly
Fee inclusions
Internet, Pest Control, Pools, Sewer, Trash, Water
Amenities
Fitness Center, Maintenance, Pool, Trash
Security
Closed Circuit Cameras, Lobby Secured, Other, Safe Room Interior, Security System
Pets allowed
No
Annual tax
$6,700
Subdivision
Ocean Point Condo
County
Miami-Dade
Days on market
255
MLS listing ID
F10551034
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,074

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.5%
Gross yield
5.8%
Mortgage payment
$2,726/mo
Down payment
$143,750
Loan amount
$431,250
Annual NOI
$7,819

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

345 Ocean Drive 512, Miami Beach, FL 33139