Listing
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Listing Sold
$2,500,000
· Ocean Drive · Miami Beach
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$2,500,000Sold Price
Per SqFt
—/—Beds/BathsBd/Ba
SqFt
MLS A11822861 · 459 days on Zilbert · Listed Jun 16, 2025 · Ocean Drive, Miami Beach FLCurrent layoutPhotos first

Property Details

Sold Price$2,500,000
Last Asking Price$2,950,000
Price per SqFt
Maintenance feeInquire
Property TaxesNot yet assessed
Interior Space
Beds/Baths—/—
Year Built1946
Lot Size0.16 acres
Closed Date12/3/2025
MLS #A11822861

Estimated Costs

An estimate of condo or HOA fees and property taxes

From the listing

Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.

Listed by CBRE, Inc.

Sales History for This Home · Listing

Sales history is unavailable for this property

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · ONE Sotheby's International Realty · I track every sale in this neighborhood. Ask me about this home or the neighborhood.
+1 (786) 280-0201

Listed by CBRE, Inc.. 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.

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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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.