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1024 Ocean Dr # A402, Miami Beach FL 33139

Condo/Co-op For Sale
$325,000

BTC: 5.23349436

ETH: 193.14197421

1 days
Waterfront
1 ba
516 sqft

Overview

Exceptional investment opportunity in the heart of Miami Beach. This income-producing property allows short-term rentals with convenient on-site management, making ownership effortless. Ideally located just steps from the beach and iconic Ocean Drive, residents and guests enjoy access to a rooftop pool, premium amenities, and Miami Beach’s world-renowned restaurants, shopping, and entertainment

Location

Florida • Miami Beach • 33139 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
None / Other / On Street
Year Built:
1964
Lot:
No Data
Heating:
Electric
Price/sqft:
$630
Cooling:
Central Air
HOA:
$1,730

Valuation

Our model vs. what's actually selling nearby.
Estimate
$285,000
$175K – $409K
Confidence Low
List vs. estimate
$40K above estimate
List $325,000 · +14.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$629
+6.6% vs. city median $590
Based on
550 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $247K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,942
2025
HOA
$1,730/mo
View
Ocean View
Waterfront
Ocean Access, Ocean Front
All facts and features

  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • None

    • Other

    • On Street

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-302-0070

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,730

    • HOA Frequency: Monthly

    • Annual tax amount: $4,942

  • Source details

    • MLS ID: A12035112

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Window Features: Blinds

    • Waterfront: Yes

    • Living Area: 516

    • Subdivision Name: THE STRAND ON OCEAN DRIVE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,075
median $569K
Active
Same city
Miami Beach
2,644
median $639K
Active
Same type
Condo/Co-op
1,957
median $515K
Active
Similar price
$227K – $422K
642
median $320K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Serhant