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1024 Ocean Dr # A305, Miami Beach FL 33139

Condo/Co-op For Sale
$300,000

BTC: 5.06756757

ETH: 188.12433765

New
1 ba
480 sqft

Overview

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.

Location

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

Details

Type:
Residential
Parking:
None
Year Built:
1964
Lot:
No Data
Heating:
None
Price/sqft:
$625
Cooling:
Central Air
HOA:
$1,824

Valuation

Our model vs. what's actually selling nearby.
Estimate
$325,000
$205K – $396K
Confidence Low
List vs. estimate
$25K below estimate
List $300,000 · -7.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$625
+3.5% vs. city median $603
Based on
27 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $292K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,408
2025
HOA
$1,824/mo
View
Other View
Pets
Not allowed
All facts and features

  • Heating

    • None

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • None

    Property

    • Exterior Features: Other / Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-302-0180

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • HOA: $1,824

    • HOA Frequency: Monthly

    • Annual tax amount: $6,408

  • Source details

    • MLS ID: A12045374

    Other facts

    • Construction Materials: Concrete Block With Brick

    • Patio And Porch Features: Open Balcony

    • Living Area: 480

    • 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
436
median $559K
Active
Same city
Miami Beach
1,059
median $665K
Active
Same type
Condo/Co-op
792
median $550K
Active
Similar price
$210K – $390K
228
median $295K
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: EXP Realty LLC