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0 Beds
1 Bath
400 sqft

$270,000

158 Ocean 203, Miami Beach FL, 33139

Price per sqft$675.00
Built in1961
Property size400 sqft
Property typeCondominium
Courtesy of Martin Urruela with Marela Properties, LLC

Overview

Active

Listed Sep 8, 2026

Updated Sep 14

Location, Location, Location. Studio on iconic Ocean Drive in the highly desirable South of Fifth neighborhood. Ideally located just steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. The building offers covered parking, with spaces available for rent through the HOA, and has recently completed its 40-year recertification. No pets permitted. An excellent income-producing opportunity, the unit is currently rented for $1,800/month. The building allows rentals immediately after purchase; short-term rentals and Airbnb are not permitted. The owner is also offering an additional unit in the building for sale, providing a potential opportunity to acquire multiple units. Showings are available Monday through Friday, 10:00 AM–6:00 PM, with 24-hour notice. Please contact the owner/agent to schedule.

$1,796/mo

Est. mortgage payment based on a $270,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12085617

Interior Features

Bedrooms
0
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$2,729
Tax Frequency
Annually
View
Yes
55+/Senior Community
Yes
MLS provider logo

Courtesy of Marela Properties, LLC, Martin Urruela,
Listing Contact: 786-282-3992 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Martin County REALTORS of the Treasure Coast, Inc. All rights reserved.

Data last updated 1:46 PM UTC, 9/14/2026

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