Ocean Point Unit 707 Sold
Property Details
| Sold Price | $410,000 |
|---|---|
| Last Asking Price | $450,000 |
| Price per SqFt | $625 |
| Maintenance Fee | $945 Monthly |
| Property Taxes | $6,284 2024 |
| Interior Space | 656 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1970 |
| Closed Date | 5/29/2026 |
| MLS # | A11883892 |
Location
From the listing
Rarely available south facing unit w/ocean views, oversized balcony & parking in South of 5th St. oceanfront condominium. Available with or without fantastic long-term tenant currently on month-to-month lease & willing to stay or go. Unit has tile floors throughout that tenant has placed carpeting loosely on top, central a/c, fully equipped kitchen w/dishwasher & pass-through to living room, updated hot water heater, great closet space including room for washer/dryer (which building allows) & more. Amazing building improvements just completed including new heated oceanfront pool & pool deck, all new elevators, new impact windows & doors, new balcony railings, building painting, new roof & new oceanfront gym. New lobbies & entrance are in process. Seller will pay all assessments at closing.
Listed by The Keyes Company
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $945 a month; taxes $6,284 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · Ocean Point Unit 707
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 |
| 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 |
| 411 | $400,000$607/SqFt | 89% | 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 707, 345 Ocean Dr · MLS A11883892 · Sold May 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 707 sold at $625 per SqFt, in line with 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.