$425,000

345 Ocean Dr #303, Miami Beach, FL 33139

Bedrooms
1
Baths
1
Living area
659 ft²
Price per ft²
$645 / ft²
Type
Condo
Year built
1970
HOA
$945 / mo HOA
On market
167 days on market
MLS #
A12000159

Lowest Priced Unit "WITH DEEDED COVERED PARKING SPOT" in Ocean Pointe. A Gem of a Building Amongst All Others On The Beach In The "South of Fifth" Neighborhood - Directly on the Sand! With Covered Parking in the Exclusive Tier One Front Lobby Entrance Area - a $70,000 Value Alone! After 5 Years of Renovations This Building Boasts a New Heated Pool Overlooking The Atlantic Ocean, State of The Art Gymnasium, Spa Restrooms and Cedar Saunas, Locked Bicycle and Paddleboard Rooms, Sleek New Modern Lobby and a Private Beach Entrance. Well Maintained Quiet Building with 24/7 Doormen. This Unit has Moroccan Terracotta Flooring Throughout, Open Kitchen, New Hurricane-Proof Windows & Door. Enjoy the Sunsets On This Triple Sized Balcony. Beachfront Resort Style Living in the Chic "South of Fifth" Neighborhood. With a $50,000 Price Drop This is Excellent Value At This Price Point!

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $645. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 6% above the median.
  • Position in the area’s price distributionThe asking price is $425,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 28% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $945 per month comes to $11,340 a year — 2.7% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$127,500
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$2,036
Loan amount
$297,500
Total interest over the term
$435,291
Total repaid
$732,791

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Coldwell Banker Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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