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1052 Ocean Dr # C203, Miami Beach FL 33139

Condo/Co-op For Sale
$297,000

BTC: 4.78260870

ETH: 176.50205028

New
Waterfront
1 bds
1 ba
475 sqft

Overview

NOW OFFERED AT $297,000 – SOUTH BEACH'S BEST VALUE ON OCEAN DRIVE! Rare opportunity to own a fully furnished, licensed vacation rental with no rental restrictions at The Strand on Ocean Drive. Built in 2005, this spacious 475 SF residence is one of the larger floor plans in the building and among the best values currently available on Ocean Drive. Enjoy a private balcony, rooftop pool with panoramic ocean and city views, and the flexibility to self-manage or participate in the hotel program. The front desk provides complimentary guest check-in and check-out services, making ownership effortless. Monthly maintenance includes A/C, electricity, cable TV, and internet, providing exceptional value and simplified ownership. Located directly across from Lummus Park and the world-famous beach, this property offers the ultimate combination of lifestyle, location, and investment potential. Whether you're looking for a South Beach getaway, income-producing vacation rental, or long-term investment, opportunities like this under $300,000 on Ocean Drive are increasingly rare. Aggressively priced for immediate attention. Easy to show.

Location

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

Details

Type:
Residential
Parking:
Other / On Street
Year Built:
2005
Lot:
No Data
Heating:
Central
Price/sqft:
$625
Cooling:
Central Air
HOA:
$1,556

Valuation

Our model vs. what's actually selling nearby.
Estimate
$335,000
$225K – $850K
Confidence Low
List vs. estimate
$38K below estimate
List $297,000 · -11.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$625
+5.5% vs. city median $592
Based on
394 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $250K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,881
2025
HOA
$1,556/mo
View
Garden View
Waterfront
Ocean Front
Furnished
Furnished,Turn Key Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • Volume Ceilings

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Other

    • On Street

    Property

    • Exterior Features: Exterior Cat Walk / Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-302-0560

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,556

    • HOA Frequency: Monthly

    • Annual tax amount: $5,881

  • Source details

    • MLS ID: A12033672

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Complete Impact Glass / Blinds / High Impact Windows / Impact Glass

    • Direction Faces: Southeast

    • Waterfront: Yes

    • Living Area: 475

    • 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
1,071
median $575K
Active
Same city
Miami Beach
2,617
median $645K
Active
Same type
Condo/Co-op
1,940
median $519K
Active
Similar price
$207K – $386K
595
median $290K
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: BHHS EWM Realty