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Waterfront · Condominium
$379,000$924 / sqft
335 Ocean Dr # 106, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
410 sqft
Interior
1939
Year built
$615 / mo
HOA
Condominium
Type
About this home
Make money on your vacation home! Experience the best of South Beach, a bright 1-bedroom, 1-bath Art Deco architecture. Steps from the sand and Atlantic Ocean, this is an exceptional opportunity to own a Miami Beach retreat with the added benefit of short-term rental investment. Enjoy an unbeatable location in the heart of South of Fifth, one of the most desirable neighborhoods, minutes from Joe's Stone Crab and South Point Park. Spend mornings walking the beach or biking along the oceanfront path and boardwalk, afternoons at nearby 3rd Street Beach, and evenings exploring some of Miami’s best restaurants, cafés, shops, nightlife, and entertainment—all within walking distance, no car needed. The building allows short-term rentals and Airbnb, creating compelling income potential and the flexibility to enjoy the residence personally while generating rental revenue when you’re away. The unit has an active Business Tax Receipt (BTR) license, adding to its appeal as a turnkey investment opportunity. Residents enjoy a pool, Wi-Fi, cable, internet, hot water, and electricity included through the HOA, plus complimentary daily beach service with one large umbrella and two chairs. Whether you’re looking for a South Beach pied-à-terre, vacation home, or income-producing property with strong return potential, #106 offers an exceptional combination of location, lifestyle, and rental flexibility.
Features
- Interior Hall
- First Floor Entry
- East Of Us1
- Ocean View
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,950.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.