South Florida
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Closed
The Strand On Ocean Drive, 1024 Ocean Dr #A202, Miami Beach, FL 33139
Details
Save
Status:
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: 102 Days
Updated: 13 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
Price History
09/12/2025
Date
Sold
Event
$310K
Price
0%
Change Rate
$601 ft2 / $6,467 m2
Price Per
06/18/2025
Date
Price Reduced
Event
$310K
Price
-1.59%
Change Rate
$601 ft2 / $6,467 m2
Price Per
06/18/2025
Date
Listed
Event
$315K
Price
$610 ft2 / $6,571 m2
Price Per
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 .
Instant Comps
$500/ft²
$700/ft²
$1,000/ft²
$1,300/ft²
Unit #A202 – Asking
$601/ft²
(-1%) from Closed Avg. $/ft²
Closed Avg. $/ft²
$606/ft²
Community $/Price Range (Closed) $601/ft² – $1174/ft²
| Unit | Bed/Bath | Size SqFt | $/SqFt | Exposure | View | Sold | Closed Date | |
|---|---|---|---|---|---|---|---|---|
 | # A402 | 0/1 | 516 | $610 | Ocean | $315,000 | 8/6/2025 | |
 | # A302 | 0/1 | 516 | $601 | Ocean | $310,000 | 1/17/2025 |
THINKING OF SELLING IN The Strand On Ocean Drive at Miami Beach?
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