THE CARLYLE DECO HOTEL CO
1250 Ocean Dr # 3F, Miami Beach FL 33139
1 beds · 1.5 baths · 894 ft²
$829,000
Est. Payment $4,412/mo
1
Bedrooms
1.5
Bathrooms
894
Sq. Ft.
1941
Year Built
5
Stories
50
Days on Market
Description
MIAMI BEACH INVESTMENT OPPORTUNITY – LEGAL AIRBNB & VRBO LEGAL FOR AIRBNB & VRBO, this is a rare “unicorn” opportunity to own an ocean-view residence on iconic Ocean Drive in Miami Beach. Unit 3F offers the flexibility to live full-time, enjoy as a vacation home, or generate strong short-term rental income with nightly, weekly, or monthly leasing. Located steps from the ocean, this turn-key condo sits in a boutique 19-unit historic building that is well managed with strong financials. Inside, the unit is quiet, calm, and soundproof, featuring modern interiors, an updated kitchen, terrazzo baths, marble floors, and in-unit washer/dryer. Maintenance includes a 24-hour concierge who can manage Airbnb bookings, delivering true passive income. This is an ocean-view, iconic piece of Miami Beach history—positioned to benefit as Ocean Drive continues its comeback and long-term demand strengthens.
Facts
- MLS#
- A12003315
- Subdivision
- THE CARLYLE DECO HOTEL CO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1941
- Lot Size
- 0 sqft
- Sq. Ft.
- 894 ft²
- Sq. Mt.
- 83 m²
- Price per sq. ft.
- $927/ft²
- Price per sq. mt.
- $9,988/m²
- Stories
- 5
- Garage
- —
- Pool
- —
- Days on Market
- 50 days
- Listed
- Apr 20, 2026
- Last Updated
- Jun 29, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
64
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).
| 6/29/2026 | Sold | $829,000 |
| 4/20/2026 | Listed for sale | $829,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$5,253/mo
Principal & Interest
$4,412
Property Tax
$691
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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
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