THE STRAND ON OCEAN DRIVE
1060 Ocean Dr # D206, Miami Beach FL 33139
1 beds · 1 baths · 451 ft²
$320,000
Est. Payment $1,703/mo
1
Bedrooms
1
Bathrooms
451
Sq. Ft.
1934
Year Built
3
Stories
0
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. A unique additional opportunity: Unit D204, located directly next to D206, 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. Unit is being completely repainted. New photos will be updated as soon as unit is finished being repainted. Walk thru video is available.
Facts
- MLS#
- A12076468
- Subdivision
- THE STRAND ON OCEAN DRIVE
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1934
- Lot Size
- 0 sqft
- Sq. Ft.
- 451 ft²
- Sq. Mt.
- 42 m²
- Price per sq. ft.
- $710/ft²
- Price per sq. mt.
- $7,619/m²
- Stories
- 3
- Garage
- —
- Pool
- —
- Days on Market
- —
- Listed
- Aug 24, 2026
- Last Updated
- Aug 24, 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
August 2026
37
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).
| 8/24/2026 | Listed 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
Estimated Monthly Payment
$2,120/mo
Principal & Interest
$1,703
Property Tax
$267
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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