Ocean Walk on South Beach · #114

Ocean Walk on South Beach is a three-story Art Deco condo-hotel at 335 Ocean Drive in the South of Fifth neighborhood of Miami Beach, on the beach side of a quiet residential stretch of Ocean Drive between 3rd and 4th streets. Miami-Dade County records list the building, recorded as Ocean Walk on South Beach Condo, as built in 1939, and listings describe it as a classic Art Deco boutique building with direct beach access. Ocean Walk holds 76 residences plus two small commercial units. County records show 45 studios of about 200 square feet and 31 one-bedroom, one-bath units of about 410 square feet, spread across three floors. Most Ocean Walk condos are sold furnished and ready to rent, many with remodeled kitchens and baths, and listings note that only a handful of units have direct ocean views from both the living room and bedroom. The building has a heated pool, a laundry room, a community room and elevator service, and residents and guests have a private beach club on the sand with chaise lounges, umbrellas and beach towels. The association fee covers electricity, cable TV, Wi-Fi, internet, water and hot water. MLS listings consistently describe Ocean Walk on South Beach condos as licensed and grandfathered for nightly rentals through Airbnb and VRBO with no rental restrictions. The location puts the beach, the dunes and the oceanfront path directly outside, with the 3rd Street beach and park nearby, South Pointe Park a short walk south, and South of Fifth restaurants such as Joe's Stone Crab within walking distance. The Ocean Drive Art Deco District begins about two blocks north. The association has levied a special assessment for its 40-year recertification program, covering roof replacement, structural upgrades and building improvements, and listings from 2025 and 2026 report extensive renovations and a new roof, with some sellers offering to pay the assessment at closing. As of October 2026, eight Ocean Walk condos for sale were listed between about $299,000 and $499,000; in the previous 12 months a studio closed at $250,000 and a one-bedroom at $410,000. Request current availability and recent sales through the building page.