158 Ocean Dr, #407

South of Fifth, Miami Beach, FL 33139

Studio on famous Ocean Dr. in the coveted South of 5th St. neighborhood. Walking distance to everything SouthBeach can offer: night clubs, bars, fine dining, shopping centers, houses of worship, parks, and most importantly the unit is right across from the beach. Perfect income producing investment property. Unit is currently rented at$1800. Association allows rentals the same year after purchase. No short term rentals allowed (Airbnb). Building has its own covered parking lot, but spaces are rented by the HOA. No pets allowed. Maintenance is paid quarterly. Building just obtained its 40 year recertification. CALL OWNER FOR SHOWINGS with 24 hour prior notice, Mon-Fri 10am-6pm. Owner has 2 other units in the building for sale, one of them is next to this unit.