THE STRAND ON OCEAN DRIVE

1052 Ocean Dr # C407, Miami Beach FL 33139

1 baths · 389 ft²

Closed

$300,000

10.45%

Est. Payment $1,597/mo

MLS Sheet Video

1

Bathrooms

389

Sq. Ft.

2005

Year Built

5

Stories

83

Days on Market

Description

Turnkey condo-hotel studio unit located directly on iconic Ocean Drive in the heart of South Beach. Situated just steps from the sand and across from Lummus Park, this modern studio offers the perfect combination of location, flexibility, and income potential. The unit features contemporary finishes, large format tile flooring, a kitchenette, and comes fully furnished for immediate use or rental. Owners may rent the unit daily and have the option to self-manage or utilize the building’s front desk services, providing excellent flexibility for short-term rental income. The building offers a rooftop terrace with swimming pool, lounge chairs, and bar overlooking Ocean Drive and the Atlantic Ocean. Maintenance includes utilities such as electricity, air conditioning, internet, and cable, simplifying ownership and operations. Located within Miami Beach’s historic Art Deco District and surrounded by world-renowned restaurants, cafés, nightlife, and the beach, this property offers strong year-round demand from international visitors. Ideal as an investment property, vacation retreat, or income-producing short-term rental in one of Miami Beach’s most recognizable destinations.

Facts

MLS#
A11977317
Subdivision
THE STRAND ON OCEAN DRIVE
Property Type
Residential
Property Sub Type
Condominium
Year Built
2005
Lot Size
0 sqft
Sq. Ft.
389 ft²
Sq. Mt.
36 m²
Price per sq. ft.
$771/ft²
Price per sq. mt.
$8,333/m²
Stories
5
Garage
Pool
Days on Market
83 days
Listed
Mar 5, 2026
Last Updated
Jun 26, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

42

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/26/2026Sold$300,000
4/4/2026Price change$300,000-10.4%
3/5/2026Listed for sale$335,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1052 Ocean Dr # C407, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,997/mo

Principal & Interest

$1,597

Property Tax

$250

Insurance

$150

HOA

$0

20% ($60,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami Beach around $300,000.

Call NowWhatsApp