Rare opportunity to own a true beachfront getaway in Miami Beach's coveted South of Fifth neighborhood. Perfectly positioned directly on the ocean in a quiet residential stretch of Ocean Drive, Ocean Walk is just two blocks from the world-famous Art Deco District, with acclaimed dining, shopping, and entertainment close by. This well-maintained residence offers a rare lifestyle and investment combination in one of the few areas of Miami Beach where approved short-term rentals are still permitted. Ideal as a part-time second home, owners can enjoy personal use while also renting the property when not in residence to help offset expenses. Strong income potential and compelling ROI add to the appeal. Heated pool and direct beach access are just steps away. Maintenance includes electricity, water, WiFi, cable TV, and insurance. No building rental restrictions. Beach chair and umbrella service is available through management.