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Waterfront · Condominium
$574,900$872 / sqft
345 Ocean Dr # 812, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
659 sqft
Interior
1970
Year built
$945 / mo
HOA
Condominium
Type
About this home
Enjoy gorgeous ocean views from this exceptional high-floor residence in one of South Beach’s most desirable oceanfront locations. Completely remodeled with a sleek, modern aesthetic, this beautiful apartment features a bright open layout, contemporary tile flooring throughout, a stylish marble bathroom with seamless glass shower, new impact windows and doors, washer and dryer in unit, and balcony offering the perfect setting to enjoy the spectacular ocean views. Unit comes with a dedicated parking space too. Completely remodeled oceanfront building offers an outstanding resort-style lifestyle, with a new oceanfront pool deck w/heated pool, new fitness center, new sauna, 24-hour security, & oceanfront beach service w/two chairs & umbrella daily. The new lobby is nearly complete, adding the finishing touch to this impressive transformation. All assessments have been paid by the seller. There is currently an excellent tenant in place through February who loves the residence & would be happy to stay, making this an especially attractive opportunity for an investor seeking immediate rental income or for a future owner looking to make this their South Beach home. A rare opportunity to own one of the premier residences in this beautifully newly enhanced oceanfront building —with gorgeous ocean views, exceptional amenities, and an unbeatable South of Fifth Street location.
Features
- Interior Hall
- Built-in Features
- Closet Cabinetry
- Walk-In Closet(s)
- Open Balcony
- Ocean View
- Direct Ocean
Leasing
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 $2,300–$3,800.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.