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For sale
  • $300,000

    1024 Ocean Drive #A305, Miami Beach, FL 33139

    0beds
    480sqft
    : 
    $3,894/mo
    Get pre-qualified
    Single Family Residence
    Built in 1964
    -- sqft lot
    $290,200 Zestimate®
    $625/sqft
    $1,824/mo HOA

    What's special

    Fully furnishedPrime beachfront locationBeautifully renovatedOversized studio
    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.
    46 days
    |
    287
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cristina Verrocchio,

    EXP Realty LLC

    Source: eXp Realty,MLS#: A12045374Originating MLS: Miami Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • None
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator
      Features
      • Bathtub, Elevator, Soaking Tub
      • Flooring: Laminate
      Interior area
      • Total structure area: 480
      • Total interior livable area: 480 sqft
      Video & virtual tour

      Property

      Parking
      • Details: CarportSpaces:0.00
      Features
      • Patio & porch: Open, Balcony
      • Exterior features: Balcony, Outdoor Living Area
      • Pool features: Association
      • Has view: Yes
      • View description: Other
      Details
      • Parcel number: 0242033020180

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Block
      Condition
      • Year built: 1964

      Community & HOA

      Community
      • Security: Closed Circuit Camera(s), Fire Alarm, Key Card Entry, Other
      • Subdivision: THE STRAND ON OCEAN DRIVE
      HOA
      • Has HOA: Yes
      • Amenities included: Pool, Trash, Elevators
      • Services included: Sewer, Trash, Water
      • HOA fee: $1,824 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $625/sqft
      • Tax assessed value: $292,800
      • Annual tax amount: $6,408
      • Date on market: 6/18/2026
      • Cumulative days on market: 46 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $290,200

        $276,000 - $305,000

        $1,898/mo

        Price history

        DateEventPrice
        6/30/2026Listed for sale$300,000-15.5%$625/sqft
        Source: eXp Realty #A12045374 Report a problem
        6/10/2022Sold$355,000-6.3%$740/sqft
        Source: BeachesMLS #R10798299 Report a problem
        5/20/2022Contingent$379,000$790/sqft
        Source: BeachesMLS #RX-10798299 Report a problem
        5/8/2022Listed for sale$379,000+33%$790/sqft
        Source: BeachesMLS #RX-10798299 Report a problem
        6/14/2021Listing removed--
        Source: MIAMI #A10872075 Report a problem
        2/10/2021Listing removed$285,000$594/sqft
        Source: MIAMI #A10872075 Report a problem
        1/25/2021Pending sale$285,000$594/sqft
        Source: MIAMI #A10872075 Report a problem
        1/18/2021Price change$285,000-4.7%$594/sqft
        Source: MIAMI #A10872075 Report a problem
        10/29/2020Price change$299,000-3.2%$623/sqft
        Source: South Pointe Drive Realty Inc #A10872075 Report a problem
        6/8/2020Listed for sale$309,000+3.3%$644/sqft
        Source: South Pointe Drive Realty Inc #A10872075 Report a problem
        4/1/2016Listing removed$299,000$623/sqft
        Source: Brown Harris Stevens | Zilbert - Zilbert International Realty - Zilbert Realty Group #A2171695 Report a problem
        9/9/2015Listed for sale$299,000+1.2%$623/sqft
        Source: Brown Harris Stevens | Zilbert - Zilbert International Realty - Zilbert Realty Group #A2171695 Report a problem
        4/5/2006Sold$295,400$615/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,493 +6.8%$292,800 +7%
        2024$5,141 +6.3%$273,600 +6.9%
        2023$4,835 +26.7%$255,840 +30%
        2022$3,814 +10.5%$196,732 +10%
        2021$3,453 -8.2%$178,848 -8%
        2020$3,764 -0.1%$194,400
        2019$3,767 -3.2%$194,400 -6%
        2018$3,890 $206,880
        2017$3,890 -1.3%$206,880 +0.8%
        2016$3,940 -10%$205,266 +10%
        2015$4,378 +9.2%$186,606 +10%
        2014$4,008 +27%$169,642 +10%
        2013$3,157 $154,220
        2012$3,157 -1.1%$154,220
        2011$3,192 +3.2%$154,220 +10%
        2010$3,094 -12%$140,200 -18%
        2009$3,517 -43.9%$170,980 -45%
        2007$6,272 $310,880
        2006-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        94 / 100
        Walker's Paradise
        53 / 100
        Good Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Miami Beach Fienberg / Fisher K-8
        • High: Miami Beach

        Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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