THE STRAND ON OCEAN DRIVE
1024 Ocean Dr # A305, Miami Beach FL 33139
1 baths · 480 ft²
$300,000
Est. Payment $1,597/mo
1
Bathrooms
480
Sq. Ft.
1964
Year Built
5
Stories
12
Days on Market
Description
Rare opportunity to own a beautifully renovated, fully furnished oversized studio in one of South Beach's most desirable condo-hotels. Comfortably accommodates up to 6 guests, making it an outstanding income-producing property.No rental restrictions, daily, weekly, monthly, or long-term rentals are all allowed, offering maximum flexibility and exceptional investment potential. Guests will love the prime beachfront location, the spectacular rooftop pool with breathtaking ocean views, and the convenience of a 24/7 attended lobby for seamless check-ins at any time.Turnkey and ready to generate income from day one. Ideal for investors, vacation home buyers, or anyone looking for a property in the heart of South Beach with unbeatable short-term rental potential. No washer/dryer inside the unit.
Facts
- MLS#
- A12045374
- Subdivision
- THE STRAND ON OCEAN DRIVE
- Property Type
- Residential
- Property Sub Type
- Hotel/Motel
- Year Built
- 1964
- Lot Size
- 0 sqft
- Sq. Ft.
- 480 ft²
- Sq. Mt.
- 45 m²
- Price per sq. ft.
- $625/ft²
- Price per sq. mt.
- $6,667/m²
- Stories
- 5
- Garage
- —
- Pool
- —
- Days on Market
- 12 days
- Listed
- Jun 18, 2026
- Last Updated
- Jun 30, 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
July 2026
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).
| 6/18/2026 | Listed for sale | $300,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Little Angel Academy 2KG,1,2 · private · 0.1 mi
- Little Angel Academy 2
PK,KG,1 · private · 0.1 mi
- Miami Springs Senior High Adult
UG · public · 0.4 mi
- Second Home Learning Center
KG · private · 0.5 mi
- Second Home Day Care
PK,KG · private · 0.5 mi
- Happy Babies
PK,KG · private · 0.5 mi
- Miami Springs Senior High School
9,10,11,12 · public · 0.5 mi
- Childrens Christian Shoolhouse
PK,KG,1,2,3,4,5,6 · private · 0.5 mi
- Childrens Christian Schoolhouse
PK,KG,1 · private · 0.5 mi
- Kids Land Day Care and Learning Center
PK,KG,1 · private · 0.5 mi
Data 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
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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