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
Show More Features
Price history
Learn about the price history of 345 Ocean Dr, Unit 407
Real estate trends
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Explore Miami-Dade
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Mortgage Calculator
Estimate monthly payments for 407 - 345 Ocean Dr
$0
20.0%
$399,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$1,913
Show More Details
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.
Similar listings
Shop homes for sale similar to 345 Ocean Dr, Unit 407, Miami-Dade
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.
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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.