The Strand On Ocean Drive, 1024 Ocean Dr #A404, Miami Beach, FL 33139

350,000(-5.71% )
$330,000Price
StudioBeds
1Baths
511SqFt

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Details

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Status:
Active
Parking: No info
Size: 511 ft2 / 47 m2
Price: $646 ft2 / $6,951 m2
Type: Condo
Built: 1964
HOA: $1,683/MO
MLS Number: A11769536
View: Other
On Site: 33 Days
Updated: 33 Days ago
Page Views: 0
Condotel leased all year through airbnb. Very high demand. Great passive income investment opportunity for savy investor. Great money maker!!!!. 6% seller contribution to cash investor (quick closing). According to the management company and the seller " the 1024 building at the strand passed the 40 year recertification in 2023, they are up to date with the cmb" "the 1024 building at the strand passed the 40 year recertification in 2023, we are up to date with the cmb." see attachements for additional info.

Features

Bedrooms
Bedrooms: No info
Bathrooms
Bathrooms: 1
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Balcony
View: Other

Price History

03/24/2025

Date

Price Reduced

Event

$330K

Price

-5.71%

Change Rate

$646 ft2 / $6,951 m2

Price Per

03/24/2025

Date

Listed

Event

$350K

Price

$685 ft2 / $7,373 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mario PradoAbba Premier Properties Realty Inc. • Buyer Agency Compensation .

Instant Comparative Market Analysis

$500/ft²
$500/ft²
$600/ft²
$800/ft²

Unit #A404 – Asking

$646/ft²

(+7%) from Closed Medium $/ft²

Closed Medium $/ft²

$601/ft²
Community $/Price Range (Closed) $601/ft² – $601/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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