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1250 Ocean Dr # 3F, Miami Beach FL 33139

Condo/Co-op Active With Contract
$829,000

BTC: 13.80286380

ETH: 519.85025303

50 days
1 bds
1 ba
894 sqft

Overview

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.

Location

Florida • Miami Beach • 33139 • Condo/Co-op • Active With Contract

Details

Type:
Residential
Parking:
None
Year Built:
1941
Lot:
No Data
Heating:
Central
Price/sqft:
$927
Cooling:
Central Air
HOA:
$1,825

Valuation

Our model vs. what's actually selling nearby.
Estimate
$419,000
$332K – $668K
Confidence Low
List vs. estimate
$410K above estimate
List $829,000 · +97.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$927
+57.6% vs. city median $588
Based on
37 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $287K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,622
2025
HOA
$1,825/mo
View
Ocean View
Pets
Allowed
All facts and features

  • Flooring

    • Marble

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • Third Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Elevator

    • Fire Sprinklers

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • None

    Property

    • Exterior Features: Courtyard

    Other Property Information

    • Parcel Number: 02-32-34-190-0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,825

    • HOA Frequency: Monthly

    • Annual tax amount: $9,622

  • Source details

    • MLS ID: A12003315

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Washer/Dryer Hook-Up / Common Area

    • Architectural Style: Garden Apartment

    • Living Area: 894

    • Subdivision Name: THE CARLYLE DECO HOTEL CO

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
1,051
median $570K
Active
Same city
Miami Beach
2,584
median $625K
Active
Same type
Condo/Co-op
1,911
median $510K
Active
Similar price
$580K – $1.1M
456
median $777K
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: Douglas Elliman