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For Sale
Listed on November 25, 2025

345 Ocean Dr, Unit 408

$495,000
1 Beds
1 Baths
659 sqft
0 Parkings
HOA fees
$925
Annual Tax
$6,835
Occupancy
Tenant
Year Built
1970
Stories
9
Days on market
3 days ago

Description

Step Into South Beach Paradise — Ocean Views + Balcony + Beach Access Experience the best of coastal living in this beautifully updated 1-bedroom condo perfectly positioned on Ocean Drive in the highly coveted South-of-Fifth neighborhood. This bright, inviting home features a private balcony with tranquil coastal breezes and soothing views of the shimmering Atlantic, creating a relaxing escape just steps from the shoreline. Inside, you’ll find a thoughtfully designed open layout with stylish tile flooring, modern cabinetry, upgraded countertops, stainless-steel appliances, and a convenient smart thermostat for effortless comfort year-round. The sunlit living area offers a warm, welcoming atmosphere whether you're unwinding, hosting guests, or working remotely with the beach moments away. The building enhances your lifestyle with 24-hour security, direct beach access, an oceanfront pool, updated fitness room, modern lobby, sauna, paddleboard storage room, and impact windows and doors for added safety and peace of mind. Move-in ready and tastefully furnished, this residence captures everything that makes South Beach special — coastal charm, modern upgrades, and unbeatable walkability — all wrapped into a stylish oceanfront retreat.
Grove Town Properties, Inc.

Features & Details

Learn about the features and details of 345 Ocean Dr, Unit 408

Property Details

  • Property Type
    Condominium
  • Living Area
    659 sqft
  • Year Built
    1970
  • Lot Size
    -
  • Stories
    9 Stories
  • Annual Tax
    $6,835.00
  • List Date
    11/25/2025
  • Updated
    11/28/2025
  • Last Checked
    Recent
  • MLS Number
    #A11920805
  • Brokerage
    Grove Town Properties, Inc.
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $495,000.00
  • Unit Number
    408
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    On street
  • Pets Allowed
    Conditional,Yes,PetRestrictions
  • 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
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    Dishwasher, Electric water heater, Microwave, Refrigerator
  • Virtual Tour
    View virtual tour

Inside

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

Price history

Learn about the price history of 345 Ocean Dr, Unit 408

Amenities

Discover the amenities available at 345 Ocean Dr, Unit 408

  • Bike storage
  • Business center
  • Clubhouse
  • Fitness center
  • Laundry
  • Pool

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 408

Mortgage Calculator
Estimate monthly payments for 408 - 345 Ocean Dr
$0
20.0%
$495,000
1%
5.25%
10%
Estimated Monthly Payment

$2,373

Cash Flow Analysis
Mortgage Payment:
$2,373.02
Monthly Payment:
$3,867.6
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 exceptional condominium in the heart of Miami Beach. This well-appointed property offers 1 bedroom, 1 bathroom, 659 square feet of living space. secure building access, central heating, Central Air. Originally built in 1970 in a 9-story building. Offered at $495,000.00 Residents will appreciate the excellent amenities including Bike storage, Business center, Clubhouse, Fitness center, Laundry, and Pool. The property comes with Dishwasher, Electric water heater, Microwave, 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 408

345 Ocean Dr, Unit 408, MLS® A11920805 has a size of 659 sqft.

There are 1 bedrooms and 1 bathrooms in this Condo at 345 Ocean Dr, Unit 408, MLS® A11920805.

Annual taxes for this home are $6,835 based on 2024 tax year reports.

The monthly HOA fees covers water for the unit.

The building's pet policy is as follows: Conditional,Yes,PetRestrictions. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
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 408