Ocean Point Unit 705 Pending
Property Details
| Asking Price | $499,000 |
|---|---|
| Price per SqFt | $754 |
| Maintenance Fee | $945 Monthly |
| Property Taxes | $6,143 2025 |
| Interior Space | 662 SqFt |
| Beds/Baths | 1/2 |
| Year Built | 1970 |
| MLS # | A12101479 |
Location
From the listing
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.
Listed by The Keyes Company
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $945 a month; taxes $6,143 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Ocean Point Unit 705
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10666808 | $520,000 | 9/10/19 |
| A10442023 | $275,000 | 5/10/18 |
What Other Units Have Been Selling For at Ocean Point
11 units sold at Ocean Point in the last 12 months at an average of $625/SqFt · This unit (705) is asking $754/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 924 | $470,000$719/SqFt | 89% | 10/23/26 |
| 707 | $410,000$625/SqFt | 91% | 5/29/26 |
| 714 | $485,000$739/SqFt | 84% | 4/27/26 |
| 1022 | $419,717$634/SqFt | 93% | 4/21/26 |
| 904 | $380,000$574/SqFt | 96% | 3/12/26 |
| 407 | $325,000$495/SqFt | 87% | 2/17/26 |
| 703 | $385,000$584/SqFt | 91% | 1/16/26 |
| 605 | $425,000$642/SqFt | 94% | 12/30/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by The Keyes Company. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Ocean Point Unit 705, 345 Ocean Dr · MLS A12101479 · $499,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Ocean Point
At Ocean Point, 11 units are for sale and 11 sold in the last 12 months at an average of $625 per SqFt. Unit 705 asks $754 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.