THE STRAND ON OCEAN DRIVE

1052 Ocean Dr # C203, Miami Beach FL 33139

1 beds · 1 baths · 475 ft²

Closed

$297,000

Est. Payment $1,581/mo

MLS Sheet

1

Bedrooms

1

Bathrooms

475

Sq. Ft.

2005

Year Built

2

Stories

59

Days on Market

Description

NOW OFFERED AT $297,000 – SOUTH BEACH'S BEST VALUE ON OCEAN DRIVE! Rare opportunity to own a fully furnished, licensed vacation rental with no rental restrictions at The Strand on Ocean Drive. Built in 2005, this spacious 475 SF residence is one of the larger floor plans in the building and among the best values currently available on Ocean Drive. Enjoy a private balcony, rooftop pool with panoramic ocean and city views, and the flexibility to self-manage or participate in the hotel program. The front desk provides complimentary guest check-in and check-out services, making ownership effortless. Monthly maintenance includes A/C, electricity, cable TV, and internet, providing exceptional value and simplified ownership. Located directly across from Lummus Park and the world-famous beach, this property offers the ultimate combination of lifestyle, location, and investment potential. Whether you're looking for a South Beach getaway, income-producing vacation rental, or long-term investment, opportunities like this under $300,000 on Ocean Drive are increasingly rare. Aggressively priced for immediate attention. Easy to show.

Facts

MLS#
A12033672
Subdivision
THE STRAND ON OCEAN DRIVE
Property Type
Residential
Property Sub Type
Condominium
Year Built
2005
Lot Size
0 sqft
Sq. Ft.
475 ft²
Sq. Mt.
44 m²
Price per sq. ft.
$625/ft²
Price per sq. mt.
$6,750/m²
Stories
2
Garage
—
Pool
—
Days on Market
59 days
Listed
Jun 9, 2026
Last Updated
Oct 15, 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

October 2026

100/100
Buyers marketSellers market

39

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).

10/15/2026Sold$297,000
6/9/2026Listed for sale$297,000

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 # C203, Miami Beach FL 33139Directions

Estimated Monthly Payment

$1,978/mo

Principal & Interest

$1,581

Property Tax

$248

Insurance

$150

HOA

$0

20% ($59,400)
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

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