Ocean Point Unit 703 Sold
Property Details
| Sold Price | $385,000 |
|---|---|
| Last Asking Price | $425,000 |
| Price per SqFt | $584 |
| Maintenance Fee | $923 Monthly |
| Property Taxes | $6,062 2024 |
| Interior Space | 659 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1970 |
| Closed Date | 1/16/2026 |
| MLS # | A11699252 |
Location
From the listing
Your perfect pied-à-terre by the sea! Ocean Point is an oceanfront gem in the desirable South of Fifth neighborhood. This sunny 1-bedroom unit features floor-to-ceiling impact glass doors and windows. Enjoy unobstructed views of South Beach skyline. The unit offers a fully-equipped kitchen, a large walk-in closet, plus additional storage space. Ocean Point is located directly on the sand. The building has completed both its concrete restoration. Enjoy a beachfront pool, gym, and the endless wellness possibilities of the famous Beach Walk, which is accessed through the building's private gate. Nearby: Joe's Stone Crab, Carbone, great shopping, grocery stores, South Pointe Park, Lummus Park, and all the fun and sun of Miami Beach. Low HOA!
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $923 a month; taxes $6,062 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · Ocean Point Unit 703
Sales history is unavailable for this property
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 sale among them)
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 |
| 605 | $425,000$642/SqFt | 94% | 12/30/25 |
| 411 | $400,000$607/SqFt | 89% | 12/30/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Compass Florida, LLC. 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.
Ask Mark About This Listing
Ocean Point Unit 703, 345 Ocean Dr · MLS A11699252 · Sold Jan 2026
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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 703 sold at $584 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.