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345 Ocean Dr #705
Miami Beach, FL 33139
Listing courtesy of The Keyes Company (Danell Van Orden). Contact: [email protected].
South Beach Oceanfront: Corner Residence in the Coveted South of Fifth neighborhood with den & 2 full bathrooms! This beautifully remodeled corner residence offers the perfect combination of luxury, style, and flexibility in one of South Beach’s most desirable neighborhoods. Thoughtfully redesigned with modern finishes throughout, the home features elegant porcelain tile flooring, an open-concept kitchen with integrated appliances, and 2 beautifully updated full bathrooms. A unique second room adds exceptional versatility and can be used as a private home office, oversized luxury closet, den, or even a cozy guest room—an uncommon feature that makes this residence stand out. Enjoy the convenience of in-unit washer and dryer, along with the lifestyle amenities of this completely updated oceanfront building (building just completed a full renovation including building exterior, new elevators, new impact windows and doors, new roof, and a new lobby that is nearly complete – all paid for by seller). Residents enjoy a heated oceanfront pool, beach service with two chairs and an umbrella, a new fitness center, sauna, and 24 hour security. Priced for a quick cash sale at the seller’s request, this is a rare opportunity to own a beautifully remodeled oceanfront residence in one of Miami Beach’s most coveted locations.
- Principal and interest
- $2,523
- Property tax
- $706
- Homeowners insurance
- $308
- HOA
- $945
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Ocean Point was built in 1970, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.