Ocean Point Unit 407 Sold
Property Details
| Sold Price | $325,000 |
|---|---|
| Last Asking Price | $375,000 |
| Price per SqFt | $495 |
| Maintenance Fee | $945 Monthly |
| Property Taxes | $6,630 2024 |
| Interior Space | 656 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1970 |
| Closed Date | 2/17/2026 |
| MLS # | A11877266 |
Location
From the listing
Best price in the building! Rarely available south facing unit w/ocean views and oversized balcony in South of 5th Street oceanfront condominium. Great investment opportunity with tenant in place until August. Unit has tile floors throughout, impact windows and doors, central a/c, fully equipped kitchen with pass-through to living room, great closet space including room for washer/dryer (which building allows) & more. Amazing building improvements completed and paid for: New heated oceanfront pool & pool deck, new gym, new elevators, new roof, new a/c riser pipes, building concrete restoration, waterproofing & painting-all complete! New lobby, hallways and barbecue are next on the list to finish the full remodel-wow. Incredible opportunity to buy into a top building in the perfect location at an amazing price!
Listed by The Keyes Company
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $945 a month; taxes $6,630 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · Ocean Point Unit 407
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 |
| 703 | $385,000$584/SqFt | 91% | 1/16/26 |
| 411 | $400,000$607/SqFt | 89% | 12/30/25 |
| 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.
Ask Mark About This Listing
Ocean Point Unit 407, 345 Ocean Dr · MLS A11877266 · Sold Feb 2026
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
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 407 sold at $495 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.