345 Ocean Dr Unit 407 sits in Miami Beach within the vibrant South of Fifth neighborhood. This oceanfront high-rise building has 27 stories and features 115 condominium units. It offers stunning waterfront views of the Atlantic Ocean and the bay. The property was built in 1970 and has undergone renovations to its common areas.
Unit sizes range from 407 to 769 square feet, with options for 1 and 2 bedrooms. Prices span from $350,000 to $1,000,000, with an average closed price of $429,000, translating to about $653 per square foot. Units typically spend around 247 days on the market before selling. The building ensures a secure living environment with 24-hour security.
The amenities enhance daily living. Residents can enjoy a heated pool, a clubhouse, and a spa/hot tub. Other features include a business center, barbecue areas, and a fitness room. Direct access to the beach is available, along with bicycle and jogging paths. This combination of amenities supports an active lifestyle.
Nearby, some popular dining options include The Local House Restaurant, Kone Miami Restaurant, and Fratelli La Bufala. The building’s location also provides access to major attractions, making it easy to explore Miami Beach's vibrant culture. This adds convenience for entertainment and dining experiences.
Parking is included, and many units allow for washer and dryer installation. The recent 40-year recertification ensures the building is well-maintained and efficient. Impact windows and doors provide added security and energy efficiency. A beachfront community room acts as a perfect spot for residents to socialize and enjoy the ocean views.
345 Ocean Dr Unit 407 sits in Miami Beach within the vibrant South of Fifth neighborhood. This oceanfront high-rise building has 27 stories and features 115 condominium units. It offers stunning waterfront views of the Atlantic Ocean and the bay. The property was built in 1970 and has undergone renovations to its common areas.
Unit sizes range from 407 to 769 square feet, with options for 1 and 2 bedrooms. Prices span from $350,000 to $1,000,000, with an average closed price of $429,000, translating to about $653 per square foot. Units typically spend around 247 days on the market before selling. The building ensures a secure living environment with 24-hour security.
The amenities enhance daily living. Residents can enjoy a heated pool, a clubhouse, and a spa/hot tub. Other features include a business center, barbecue areas, and a fitness room. Direct access to the beach is available, along with bicycle and jogging paths. This combination of amenities supports an active lifestyle.
Nearby, some popular dining options include The Local House Restaurant, Kone Miami Restaurant, and Fratelli La Bufala. The building’s location also provides access to major attractions, making it easy to explore Miami Beach's vibrant culture. This adds convenience for entertainment and dining experiences.
Parking is included, and many units allow for washer and dryer installation. The recent 40-year recertification ensures the building is well-maintained and efficient. Impact windows and doors provide added security and energy efficiency. A beachfront community room acts as a perfect spot for residents to socialize and enjoy the ocean views.
Description
345 Ocean Dr Unit 407 sits in Miami Beach within the vibrant South of Fifth neighborhood. This oceanfront high-rise building has 27 stories and features 115 condominium units. It offers stunning waterfront views of the Atlantic Ocean and the bay. The property was built in 1970 and has undergone renovations to its common areas.
Unit sizes range from 407 to 769 square feet, with options for 1 and 2 bedrooms. Prices span from $350,000 to $1,000,000, with an average closed price of $429,000, translating to about $653 per square foot. Units typically spend around 247 days on the market before selling. The building ensures a secure living environment with 24-hour security.
The amenities enhance daily living. Residents can enjoy a heated pool, a clubhouse, and a spa/hot tub. Other features include a business center, barbecue areas, and a fitness room. Direct access to the beach is available, along with bicycle and jogging paths. This combination of amenities supports an active lifestyle.
Nearby, some popular dining options include The Local House Restaurant, Kone Miami Restaurant, and Fratelli La Bufala. The building’s location also provides access to major attractions, making it easy to explore Miami Beach's vibrant culture. This adds convenience for entertainment and dining experiences.
Parking is included, and many units allow for washer and dryer installation. The recent 40-year recertification ensures the building is well-maintained and efficient. Impact windows and doors provide added security and energy efficiency. A beachfront community room acts as a perfect spot for residents to socialize and enjoy the ocean views.
345 Ocean Dr Key Stats Last 12 months
Avg. Listed Price$489,119($791/Sqft.)
Avg. Sale Price$429,000($653/Sqft.)
Year over year list price18.28%
Year over year sale price18.94%
Total Listings16 Listed
Total sold5 Sold
Average Days on Market247 days
Average HOA fees per sqft$1 /monthly
Key Stats
Year over year list price18.28%
Year over year sale price18.94%
Total Listings16 Listed
Total sold5 Sold
Average Days on Market247 days
Average HOA fees per sqft$1 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
High
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
Medium
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
Luxury isn't just a buzzword at 345 Ocean Dr; it's a way of life. Picture yourself lounging in the heated pool or sizzling up a storm with friends on the barbecue deck. For quiet moments, unwind in the spa or enjoy a game of billiards. If you’re someone who likes to stay active, the exercise room and bike/jog paths are perfect for the fitness enthusiast. And if you're working from home, the business center offers a bright, professional environment for you to focus on your tasks, while the community room is great for hosting gatherings. Plus, for pet lovers, your furry friends will feel right at home here, with policies in place to welcome their presence.
Amenities Description
Luxury isn't just a buzzword at 345 Ocean Dr; it's a way of life. Picture yourself lounging in the heated pool or sizzling up a storm with friends on the barbecue deck. For quiet moments, unwind in the spa or enjoy a game of billiards. If you’re someone who likes to stay active, the exercise room and bike/jog paths are perfect for the fitness enthusiast. And if you're working from home, the business center offers a bright, professional environment for you to focus on your tasks, while the community room is great for hosting gatherings. Plus, for pet lovers, your furry friends will feel right at home here, with policies in place to welcome their presence.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Elevator(s)
Barbecue
Exercise Room
Bike Storage
Pool
Community Room
Private Pool
Fire Alarm
TV Camera
Laundry
Spa/Hot Tub
Sauna
Business Center
Storage
Balcony
Smoke Detector(s)
Policies
At 345 Ocean Dr, the building policies are straightforward and cater to both owners and their pets. You're allowed to have dogs up to a maximum weight of 20 lbs, making this a great spot if you're a pet owner. Enjoy the community atmosphere while still adhering to the building restrictions that ensure everyone’s comfort.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
South Point / South of Fifth sits at the southern tip of Miami Beach and fronts Biscayne Bay and the Atlantic Ocean. South Pointe Park and the South Pointe Park Pier provide lawns, a paved path, and views of ships. Lummus Park gives runners and families sand and shade. Restaurants like Joe's Stone Crab, Prime 112, and Smith & Wollensky serve seafood, steaks, and casual meals. Nikki Beach works as a beach club that mixes music, dining, and events. The Clevelander serves as a late night bar and event spot. Miami Beach Boardwalk gives walkers and cyclists a shore route. Miami Beach Trolley and Miami-Dade Transit buses connect this district to nearby neighborhoods. Jungle Island and Miami Seaquarium sit on nearby islands and draw visitors for animal exhibits and shows. Small shops and galleries fill ground floors and serve daily needs. Apartment towers and condominiums line the blocks and offer a mix of rental and owner units. This district draws walkers and people who value park and beach access. Data shows that the most common age group falls between 30 to 34 years old. Households with 1 person make up the largest part of the local population.
Neighbourhood Description
South Point / South of Fifth sits at the southern tip of Miami Beach and fronts Biscayne Bay and the Atlantic Ocean. South Pointe Park and the South Pointe Park Pier provide lawns, a paved path, and views of ships. Lummus Park gives runners and families sand and shade. Restaurants like Joe's Stone Crab, Prime 112, and Smith & Wollensky serve seafood, steaks, and casual meals. Nikki Beach works as a beach club that mixes music, dining, and events. The Clevelander serves as a late night bar and event spot. Miami Beach Boardwalk gives walkers and cyclists a shore route. Miami Beach Trolley and Miami-Dade Transit buses connect this district to nearby neighborhoods. Jungle Island and Miami Seaquarium sit on nearby islands and draw visitors for animal exhibits and shows. Small shops and galleries fill ground floors and serve daily needs. Apartment towers and condominiums line the blocks and offer a mix of rental and owner units. This district draws walkers and people who value park and beach access. Data shows that the most common age group falls between 30 to 34 years old. Households with 1 person make up the largest part of the local population.
This neighborhood indicates a good mix of people which makes it a good place for families. About 10.69% are children aged 0–14, 19.57% are young adults between 15–29, 32.16% are adults aged 30–44, 19.03% are in the 45–59 range and 18.54% are seniors aged 60 and above.
Commuting options are also varying where 45.16% of residents relying on driving, while others prefer public transit around 7.78%, walking around 14.3%, biking around 12.08%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 75.68% of units are rented and 24.32% are owner occupied.
The neighborhood offers different household types. About 13.03% are single family homes and 1.26% are multi family units. Around 57.41% are single-person households, while 42.59% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 28.17% of residents have bachelor’s degrees. Around 16.78% have high school or college education. Another 8.35% hold diplomas while 21.38% have completed postgraduate studies. The remaining are 25.33% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 10.69% are children aged 0–14, 19.57% are young adults between 15–29, 32.16% are adults aged 30–44, 19.03% are in the 45–59 range and 18.54% are seniors aged 60 and above.
Commuting options are also varying where 45.16% of residents relying on driving, while others prefer public transit around 7.78%, walking around 14.3%, biking around 12.08%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 75.68% of units are rented and 24.32% are owner occupied.
The neighborhood offers different household types. About 13.03% are single family homes and 1.26% are multi family units. Around 57.41% are single-person households, while 42.59% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 28.17% of residents have bachelor’s degrees. Around 16.78% have high school or college education. Another 8.35% hold diplomas while 21.38% have completed postgraduate studies. The remaining are 25.33% with other types of qualifications.
Age Demographics
10.69%(0 - 14 years old)
19.57%(15 - 29 years old)
32.16%(30 - 44 years old)
19.03%(45 - 59 years old)
18.54%(60+ years old)
Commute
7.78%
Transit
14.3%
Walk
45.16%
Drive
12.08%
Bike
Housing Ownership
24.32%
Owner Occupied
75.68%
Rental Units
Household Types
13.03%
Single Family
1.26%
Multi Family
57.41%
Single Person
42.59%
Multi Person
Education
Bachelors Degree28.17%
High School College16.78%
Diploma8.35%
Post Graduate21.38%
Others25.33%
Education
Diploma8.35%
Post Graduate21.38%
Others25.33%
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