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For sale

345 Ocean Dr

Miami Beach, FL 33139

$549,000

$837/ft²

1Beds
1Baths
656Sq ft
1970Year built
CondoType

About this home

Experience elevated coastal living in this fully renovated residence at 345 Ocean Drive, located in the heart of Miami Beach's coveted South of Fifth neighborhood. Completely reimagined with exceptional attention to detail, this turnkey residence blends modern elegance with effortless beachside living. The thoughtfully designed interior features a designer kitchen with custom cabinetry, quartz countertops, premium finishes, and stainless steel appliances, complemented by beautifully renovated bathrooms, wide-plank flooring, upgraded lighting, and contemporary finishes throughout. Filled with natural light, the open layout creates a bright, sophisticated, and inviting coastal retreat. Residents of 345 Ocean Drive enjoy an exceptional lifestyle with resort-style amenities, including a heated swimming pool, fitness center, sauna, community room, 24-hour attended lobby, on-site management, secure entry, covered parking, bicycle storage, and beautifully maintained common areas. Perfectly positioned just seconds from the beach, South Pointe Park, Ocean Drive, world-renowned restaurants, cafés, marinas, and luxury shopping, this residence offers the very best of South of Fifth living. Whether you're searching for a full-time residence, seasonal getaway, or investment opportunity, this home delivers an unbeatable combination of location, style, and value.

Features

  • Waterfront

Property details

Listing

MLS #
A12064508
Status
For sale
Listed on
Aug 4, 2026
Days on market
5 days
Listing data updated
Aug 4, 2026

Interior

Beds
1
Baths
1
Living area
656 ft²
Price per ft²
$837/ft²
Unit
610

Building & community

Type
Condo
Year built
1970
HOA fee
$944/mo
County
Miami-Dade

Lot & exterior

Waterfront
Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest)
$2,776
Property taxes (est.)
$503
Home insurance (est.)
$433
Flood insurance (est.)
HOA fee
$944

Estimated total$4,656*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?

Location

Mortgage calculator

$2,776/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of Douglas Elliman.

Fernando Rodriguez · 786-473-2230 · fernando.rodriguez@elliman.com · 305-695-6070

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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