THE STRAND ON OCEAN DRIVE

1060 Ocean Dr # D206, Miami Beach FL 33139

1 beds · 1 baths · 451 ft²

For Sale · Active Listing

$320,000

Est. Payment $1,703/mo

MLS Sheet Video

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.

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

August 2026

100/100
Buyers marketSellers market

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).

8/24/2026Listed 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 # D206, Miami Beach FL 33139Directions

Estimated Monthly Payment

$2,120/mo

Principal & Interest

$1,703

Property Tax

$267

Insurance

$150

HOA

$0

20% ($64,000)
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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