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$399,000
For Sale

345 Ocean Dr, Unit 407,

Miami-Dade

Listed on September 12, 2025

Condominium

MLS® # A11877266
Bedrooms
1 Beds
Bathrooms
1 Baths
Size
656 sqft
Parkings
0
Maintenance Fees
$925
Annual Tax
$6,630

Description

Rarely available south facing unit w/ocean views and oversized balcony in South of 5th Street oceanfront condominium. Great investment opportunity with tenant in place. Unit has tile floors throughout, central a/c, fully equipped kitchen with pass-through to living room, great closet space including room for washer/dryer (which building allows) & more. Amazing building improvements completed and paid for: New heated oceanfront pool & pool deck, new gym, new elevators, new impact windows & doors, new roof, new a/c riser pipes, building concrete restoration, waterproofing & painting-all complete! New lobby, hallways and barbecue are next on the list to finish the full remodel-wow. Incredible opportunity to buy into a top building in the perfect location at an amazing price!

The Keyes Company

Features & Details

Learn about the features and details of 345 Ocean Dr, Unit 407

Property Details

  • Property Type
    Condominium
  • Living Area
    656 sqft
  • Year Built
    1970
  • Lot Size
    -
  • Stories
    11 Stories
  • Annual Tax
    $6,630.00
  • List Date
    9/12/2025
  • Updated
    9/12/2025
  • Last Checked
    Recent
  • MLS Number
    #A11877266
  • Brokerage
    The Keyes Company
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $399,000.00
  • Unit Number
    407
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    On street
  • Pets Allowed
    Conditional,No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Association,Heated
  • Patio
    Balcony,Open
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water, Cable
  • Furnished
    Unfurnished
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    Dishwasher, Electric range, Refrigerator

Inside

  • Bedrooms & Baths
    1 Bed, 1 Bath
  • Bedrooms
    1
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Amenities

  • Bike storage
  • Clubhouse
  • Elevators
  • Fitness center
  • Pool
  • Trash

Price history

Learn about the price history of 345 Ocean Dr, Unit 407

Real estate trends

View trends of price in Miami Beach over the last 12 months

Explore Miami-Dade

Learn about the area around 345 Ocean Dr, Unit 407

Mortgage Calculator
Estimate monthly payments for 407 - 345 Ocean Dr
$0
20.0%
$399,000
1%
5.25%
10%
Estimated Monthly Payment

$1,913

Cash Flow Analysis
Mortgage Payment:
$1,912.8
Monthly Payment:
$3,390.3
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this elegant condominium in the heart of Miami Beach. This well-appointed property offers 1 bedroom, 1 bathroom, 656 square feet of living space. secure building access, central heating, Central Air. Originally built in 1970 in a 11-story building. Offered at $399,000.00 Residents will appreciate the excellent amenities including Bike storage, Clubhouse, Elevators, Fitness center, Pool, and Trash. The property comes with Dishwasher, Electric range, Refrigerator. Utilities included: water, cable. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 345 Ocean Dr, Unit 407

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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345 Ocean Dr, Unit 407