$460,000

918 Ocean Dr #201, Miami Beach, FL 33139

Baths
1
Living area
440 ft²
Price per ft²
$1,045 / ft²
Type
Condo
Year built
1925
HOA
$498 / mo HOA
On market
2 days on market
MLS #
A12100560

Turnkey, fully furnished studio located on Ocean Drive at 9th Street in Miami Beach, directly across from the beach. Located in a historic Art Deco condominium building dating to 1925. The property is within walking distance of Lummus Park, restaurants, shopping, entertainment, and other South Beach destinations. The studio is currently licensed and operated as a short-term rental. Property may be used for personal or investment purposes, subject to applicable regulations and condominium rules. 24-hour notice required for showings.

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 $1,045. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 72% above the median.
  • Position in the area’s price distributionThe asking price is $460,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 22% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $498 per month comes to $5,976 a year — 1.3% 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%$138,000
Term

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

Estimated monthly payment$2,203
Loan amount
$322,000
Total interest over the term
$471,139
Total repaid
$793,139

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

Phantom Real Estate

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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