Real Estate by Fania — Stefania Riverin
(786) 828-0091

$270,000

158 Ocean Dr #203

Studio · 1 ba · 400 sq ft

10 days on marketStock Cooperative
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Listing courtesy of Marela Properties, LLC. 786-282-3992

From the MLS

Bedrooms
Studio
Bathrooms
1
Living area
400 sq ft
Asking per square foot
$675
Year built
1961
Association fee
$2,890 quarterly
ZIP code
33139
MLS number
A12085617

What the listing says

Location, Location, Location. Studio on iconic Ocean Drive in the highly desirable South of Fifth neighborhood. Ideally located just steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. The building offers covered parking, with spaces available for rent through the HOA, and has recently completed its 40-year recertification. No pets permitted. An excellent income-producing opportunity, the unit is currently rented for $1,800/month. The building allows rentals immediately after purchase; short-term rentals and Airbnb are not permitted. The owner is also offering an additional unit in the building for sale, providing a potential opportunity to acquire multiple units. Showings are available Monday through Friday, 10:00 AM–6:00 PM, with 24-hour notice. Please contact the owner/agent to schedule.

Description supplied by Marela Properties, LLC.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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Work with Stefania

Or tell her what you are actually looking for

One listing is a data point. If you say what the place is for, she will come back with the buildings that fit and the ones to avoid.

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