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1060 Ocean Dr # D206, Miami Beach FL 33139

Condo/Co-op For Sale
$320,000

BTC: 4.00000000

ETH: 133.33333333

New
Waterfront
1 bds
1 ba
451 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
None / On Street
Year Built:
1934
Lot:
No Data
Heating:
Central
Price/sqft:
$710
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$240,000
$176K – $322K
Confidence Low
List vs. estimate
$80K above estimate
List $320,000 · +33.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$709
+17.8% vs. city median $602
Based on
186 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $245K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

View
Other View, None
Waterfront
Ocean Front
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Microwave

    Other interior features

    • Interior Hall

    • No Interior Features

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • None

    • On Street

    Property

    • Exterior Features: Other / None

    Other Property Information

    • Parcel Number: 02-42-03-302-0800

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12076468

    Other facts

    • Construction Materials: CBS Construction

    • Window Features: Blinds / Drapes

    • Waterfront: Yes

    • Living Area: 451

    • 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.
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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: One Sotheby's International Realty