Condo in Miami Beach, FL 33139The Strand On Ocean Drive, 1024 Ocean Dr #A202
Share
Closed
Studio
Beds1
Baths516
SqFtStatus
Sold - Sep 12, 2025
Parking
No info
Size
516 SqFt (48 m2)
Price
$601/SqFt ($6,467/m2)
Type
Condo
Built
1964
HOA
$1,730/MO
MLS Number
A11824939
View
Other
On Site
453 Days
Updated
16 Days ago
Page Views
0
Spacious renovated studio with a balcony in a popular South Beach condo-hotel. Fully licensed for short-term Airbnb rentals. Features a rooftop pool and the famous Palace Bar on the ground floor. Fully renovated in 2023 with new flooring, paint, furniture, doors, and a NEW AC unit. Sold furnished with proven 9 - years rental history. 2024 gross income - $80,000 and 80% occupancy through the year. No hotel program—owners can rent on their own or through any third-party manager. HOA includes all utilities: electricity, water, sewer, internet, TV, and front desk service. Option to continue with the current professional management or choose your own. Strong bookings and high ROI. Turnkey investment with income potential from day one.
Features
Bedrooms
- Bedrooms: No info
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Balcony
- View: Other
Interior, Heating and Cooling
- Interior Features: Other,Bar
- Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
- Heating Description: Other
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Laminate
- Year Built: 1964
- Year Built Description: Condo-Hotel
- Style: Other
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Garage: No info
- Listing Date: 2025-06-18T17:40:30.000-00:00
- Pets Allowed: No
Taxes, Fees & More
- Maintenance Includes: Amenities, CommonAreas, CableTv, Electricity, HotWater, Internet, PestControl, Pools, Sewer, Security, Trash, Water
- Taxes: 5381
- Security Information: KeyCardEntry, SmokeDetectors
- Parking Description: None
- Total Floors in Building: 4
Apples-to-Apples Comparables
Price History
Current
$310K
High
$315K
Low
$310K
Total Change
-1.6%Date
Event
Price
Change
Price Per
09/12/2025
Sold
$310K
0%$601 ft2
$6,467 m2
06/18/2025
Price Reduced
$310K
-1.59%$601 ft2
$6,467 m2
06/18/2025
Listed
$315K
$610 ft2
$6,571 m2
09/12/2025
$310K
Event
Sold
Change
0%Price Per
$601 ft2
$6,467 m2
06/18/2025
$310K
Event
Price Reduced
Change
-1.59%Price Per
$601 ft2
$6,467 m2
06/18/2025
$315K
Event
Listed
Price Per
$610 ft2
$6,571 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Irina Dyagleva • Vera Realty LLC • Buyer Agency Compensation .
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Scores
96
100
53
100
76
100
73
100
0
100
34
100
2
100
Community Snapshot
Studio – 2 BR
Bedrooms
$250K – $895K
Price Tier
291 - 1,360
SqFt Range
1964
Year Build
3
Total Floors
91
Total Units
Subdivision Amenities
Cabana
Elevators
Pool
Trash
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