THE STRAND ON OCEAN DRIVE

1060 Ocean Dr # D204, Miami Beach FL 33139

1 beds · 1 baths · 488 ft²

For Sale · Active Listing

$285,000

10.94%

Est. Payment $1,517/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

488

Sq. Ft.

1934

Year Built

3

Stories

38

Days on Market

Description

Exceptional opportunity to own a short-term vacation rental in the heart of South Beach, ideally located on iconic Ocean Drive at the corner of 11th Street. Currently professionally managed as a vacation rental, the property offers flexibility as both an investment and a personal getaway. Owners and guests enjoy access to a rooftop pool and bar, along with convenient front desk services located next door at The Strand. Step outside and experience the very best of South Beach, directly across from the beach and Lummus Park, next door to the world-famous former Versace Mansion, and just steps from Palace Bar & Restaurant, one of Ocean Drive’s best-known dining and entertainment destinations. Unit is being completely repainted. New photos will be updated as soon as unit is finished being repainted. Walk thru video is available. A unique additional opportunity: Unit D206, located directly next to D204, is also being offered for sale. The two units are side-by-side, providing the opportunity to purchase one or both adjacent residences, an attractive option for investors, extended families, or buyers seeking additional vacation-rental flexibility. With its prime location, short-term rental flexibility, and the unmistakable energy of Ocean Drive, this is a unique opportunity to own in one of South Beach’s most recognizable locations.

Facts

MLS#
A12075521
Subdivision
THE STRAND ON OCEAN DRIVE
Property Type
Residential
Property Sub Type
Condominium
Year Built
1934
Lot Size
0 sqft
Sq. Ft.
488 ft²
Sq. Mt.
45 m²
Price per sq. ft.
$584/ft²
Price per sq. mt.
$6,333/m²
Stories
3
Garage
—
Pool
—
Days on Market
38 days
Listed
Aug 31, 2026
Last Updated
Oct 8, 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

43

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).

9/22/2026Price change$285,000-10.9%
8/31/2026Listed for sale$320,000

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

Location

1060 Ocean Dr # D204, Miami Beach FL 33139Directions

Estimated Monthly Payment

$1,904/mo

Principal & Interest

$1,517

Property Tax

$238

Insurance

$150

HOA

$0

20% ($57,000)
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

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