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Sold for $752,500
  • $752,500

    1250 Ocean Dr #3F, Miami Beach, FL 33139

    1beds
    894sqft
    Condominium
    Built in 1941
    -- sqft lot
    $752,300 Zestimate®
    $842/sqft
    $2,878 Estimated rent

    Home value

    $752,300

    $662,000 - $858,000

    $2,878/mo

    Zestimate® history
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    $6,975/mo

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    What's special

    Ocean viewsIn-unit washer and dryerMarble floorsUpdated kitchenTerrazzo baths
    MIAMI BEACH INVESTMENT OPPORTUNITY – LEGAL AIRBNB & VRBO LEGAL FOR AIRBNB & VRBO, this is a rare “unicorn” opportunity to own an ocean-view residence on iconic Ocean Drive in Miami Beach. Unit 3F offers the flexibility to live full-time, enjoy as a vacation home, or generate strong short-term rental income with nightly, weekly, or monthly leasing. Located steps from the ocean, this turn-key condo sits in a boutique 19-unit historic building that is well managed with strong financials. Inside, the unit is quiet, calm, and soundproof, featuring modern interiors, an updated kitchen, terrazzo baths, marble floors, and in-unit washer/dryer. Maintenance includes a 24-hour concierge who can manage Airbnb bookings, delivering true passive income. This is an ocean-view, iconic piece of Miami Beach history—positioned to benefit as Ocean Drive continues its comeback and long-term demand strengthens.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristen Rosen Gonzalez 305-965-4725,

    Douglas Elliman

    Bought with:

    Kristen Rosen Gonzalez, 3294902

    Douglas Elliman

    Source: MIAMI,MLS#: A12003315MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Electric Range, Refrigerator, Self Cleaning Oven, Washer
    • Laundry: Washer/Dryer Hook-Up, Common Area
    Features
    • Built-in Features, Closet Cabinetry, Elevator
    • Flooring: Marble
    Interior area
    • Total structure area: 894
    • Total interior livable area: 894 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Entry location: Third Floor Entry
    • Exterior features: Courtyard
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Details
    • Parcel number: 0232341900100

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete Block Construction
    Condition
    • Completely Renovated
    • Year built: 1941

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Fire Alarm, Card Entry, Security Guard, Lobby Secured, TV Camera
    • Application fee: $150
    • Pet fee: $0
    • Subdivision: The Carlyle Deco Hotel Co
    HOA
    • Has HOA: Yes
    • Amenities included: Bar, Elevator(s)
    • HOA fee: $1,825 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $842/sqft
    • Tax assessed value: $512,500
    • Annual tax amount: $9,622
    • Date on market: 4/20/2026
    • Listing terms: All Cash,Conventional,FHA,FHA-Va Approved

    Price history

    DateEventPrice
    6/26/2026Sold$752,500-9.2%$842/sqft
    Source: MIAMI #A12003315 Report a problem
    4/20/2026Listed for sale$829,000-1.2%$927/sqft
    Source: MIAMI #A12003315 Report a problem
    4/9/2026Listing removed$839,000$938/sqft
    Source: MIAMI #A11715244 Report a problem
    1/7/2025Listed for sale$839,000+31.1%$938/sqft
    Source: MIAMI #A11715244 Report a problem
    4/4/2022Sold$640,000-8.4%$716/sqft
    Source: MIAMI #A11112124 Report a problem
    2/28/2022Contingent$699,000$782/sqft
    Source: MIAMI #A11112124 Report a problem
    11/2/2021Price change$699,000-6.8%$782/sqft
    Source: MIAMI #A11112124 Report a problem
    10/25/2021Pending sale$750,000$839/sqft
    Source: MIAMI #A11112124 Report a problem
    10/15/2021Listed for sale$750,000+25%$839/sqft
    Source: MIAMI #A11112124 Report a problem
    8/11/2020Listing removed$600,000$671/sqft
    Source: The Keyes Company #A10832462 Report a problem
    8/5/2019Price change$600,000-7.7%$671/sqft
    Source: 5 County Real Estate Inc. #A10659605 Report a problem
    6/3/2019Price change$650,000-3.7%$727/sqft
    Source: 5 County Real Estate Inc. #A10659605 Report a problem
    4/19/2019Price change$675,000-25%$755/sqft
    Source: 5 County Real Estate Inc. #A10659605 Report a problem
    8/26/2015Listing removed$4,600$5/sqft
    Source: SBRO Report a problem
    6/5/2015Listed for rent$4,600+2200%$5/sqft
    Source: SBRO Report a problem
    6/22/2014Listing removed$200
    Source: Postlets Report a problem
    6/22/2014Listed for sale$899,999-15.5%$1,007/sqft
    Source: Alexander International Realty #A1966988 Report a problem
    5/19/2014Price change$200-95.5%
    Source: Postlets Report a problem
    4/27/2014Listed for rent$4,400$5/sqft
    Source: Postlets Report a problem
    1/15/2014Listing removed$4,400$5/sqft
    Source: Postlets Report a problem
    12/7/2013Listed for rent$4,400-26.7%$5/sqft
    Source: Zillow Rental Network Report a problem
    8/17/2013Listing removed$6,000$7/sqft
    Source: Postlets Report a problem
    7/20/2013Listed for rent$6,000+22.4%$7/sqft
    Source: Zillow Rental Network Report a problem
    1/29/2013Listing removed$4,900$5/sqft
    Source: South Pointe Drive Rlty #A1671418 Report a problem
    11/29/2012Price change$4,900-7.5%$5/sqft
    Source: South Pointe Drive Rlty #A1671418 Report a problem
    8/2/2012Listed for rent$5,300$6/sqft
    Source: South Pointe Drive Rlty #A1671418 Report a problem
    12/8/2006Sold$1,065,000$1,191/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,615 -0.2%$512,500
    2024$9,631 -0.6%$512,500
    2023$9,685 +32.8%$512,500 +36.3%
    2022$7,290 +10.4%$376,090 +10%
    2021$6,601 -0.3%$341,900
    2020$6,619 +16.2%$341,900 +23.4%
    2019$5,694 +20.2%$277,106 +10%
    2018$4,737 $251,915 -24%
    2017$4,737 -25%$331,467 -3.5%
    2016$6,312 -3.6%$343,383 +10%
    2015$6,551 +5%$312,167 +10%
    2014$6,239 +24%$283,789 +10%
    2013$5,030 $257,990 +5%
    2012$5,030 -11%$245,700 -10%
    2011$5,651 -6.2%$273,000
    2010$6,024 -30.3%$273,000 -35%
    2009$8,640 -38.8%$420,000 -40%
    2007$14,122 $700,000
    Find assessor info on the county website

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Nautilus
    • High: Miami Beach

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

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    Estimated market value
    $752,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $752,300