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Waterfront · Condominium
$599,000$929 / sqft
465 OCEAN Drive # 320, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
645 sqft
Interior
1971
Year built
$700 / mo
HOA
Condominium
Type
About this home
World famous Miami Beach, Ocean Front, Ocean View, direct Beach access, 2 Beach lounge chairs and umbrella service included in HOA fees, Lummus Park View, Muscle Beach, Volleyball courts ,pickelball, Ocean Drive view, Ocean Sunrise View from your king size bed, sofa and balcony, View of Boardwalk, located in prestigious South of 5th neighborhood ,World famous restaurant's blocks away ,fully furnished with all kitchen appliances, electric Scooter ,Television ,Decorations ,bedding ,microwave, blender, refrigerator ,dishes,(everything) Also, Includes 2019 Toyota Corolla SE, 83k miles ,with very important deeded parking spot, swimming pool, Sauna , Ocean view gym , North facing unobstructed views, smart toilet with remote, heated seat and heated water, dual shower heads and beautiful tiles.
Features
- Other
- Outdoor Shower
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,729
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,029
- HOA
- $700 / mo
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.