Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record
Ocean Point is a 11-story mid-rise at 345 Ocean Dr in South Beach, built in 1970. County folio records count 236 residences, averaging 659 SF of living area.
Eight units were for sale on November 2, 2026, asking $395K to $755K (median ask $726/SF across 8 listings). Three more were under contract. 11 sales closed between November 2, 2025 and November 2, 2026, from $320K to $485K, a median $625/SF, after a median 173 days on the market. In the 12 months before that, four sales closed at a median $747/SF, so the median fell 16%. Across 72 recorded sales since 2020, the best year by median price per square foot was 2024, at $702 over 8 sales. That 12-month median ranks 46th of the 83 South Beach buildings with at least three sales in the same window. One-bedrooms made up 14 of the 15 sales in the last 24 months, at a median $422,359.
Six units were offered for rent at $2,700 to $3,600 a month. 23 leases were signed over the same 12 months, at a median $2,900 a month (range $2,275 to $5,000). Leases outnumbered sales 2 to 1 over that year, so renters are a large share of who lives here.
County records show 31% of residences as owner-occupied, which points to an investor-heavy ownership base.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 345 Ocean Dr, Miami Beach 33139
- Neighborhood
- South Beach
- Year built
- 1970
- Floors
- 11
- Residences (county-verified)
- 236
- Owner-occupied
- 31% of residences
- Avg. unit size
- 659 sq ft
- Total living area
- 155,493 sq ft
- County condo folios
- 236
- Recorded MLS listings
- 221