THE STRAND ON OCEAN DRIVE

1024 Ocean Drive # A305, Miami Beach FL 33139

1 baths · 480 ft²

Closed

$379,000

Est. Payment $2,017/mo

MLS Sheet Video

1

Bathrooms

480

Sq. Ft.

1964

Year Built

11

Days on Market

Description

Great investment opportunity! The unit can be leased directly through the owner or or through a part of the hotel program, with no rental restrictions meaning Air BNB friendly! This property is perfectly located in the heart of Miami Beach on Ocean Drive. The unit is directly across the street from the beach, and in close proximity to restaurants, entertainment, shopping and more! The unit is being sold TURN-KEY. All utilities are included in monthly fee including the rights to the rooftop pool and bar that offers stunning panoramic views of the Ocean. This is the perfect investment opportunity to add or begin your Air BNB portfolio!

Facts

MLS#
R10798299
Subdivision
THE STRAND ON OCEAN DRIVE
Property Type
Residential
Property Sub Type
Condominium
Year Built
1964
Lot Size
0 sqft
Sq. Ft.
480 ft²
Sq. Mt.
45 m²
Price per sq. ft.
$790/ft²
Price per sq. mt.
$8,422/m²
Stories
Garage
Pool
Private
Days on Market
11 days
Listed
May 8, 2022
Last Updated
May 29, 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

June 2026

100/100
Buyers marketSellers market

28

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).

5/29/2026Sold$379,000
5/8/2022Listed for sale$379,000

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

Location

1024 Ocean Drive # A305, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$2,483/mo

Principal & Interest

$2,017

Property Tax

$316

Insurance

$150

HOA

$0

20% ($75,800)
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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