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 SqFt (47 m2)
Price: $646/SqFt ($6,951/m2)
Type: Condo
Built: 1964
HOA: $1,683/MO
MLS Number: A11769536
View: Other
On Site: 130 Days
Updated: 1 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!!!!. For 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. If you need a condotel loan or a foreign national we can help
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: FirstFloorEntry, Elevator, Bar
  • Equipment / Appliances: ElectricRange, Microwave
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Tile
  • 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: 2025-03-24T12:35:31.000-00:00
    • Pets Allowed: SizeLimit,Yes
    Taxes, Fees & More
    • Maintenance Includes: CableTv, Hvac, Sewer, Trash, Water
    • Taxes: 4556
    • Security Information: ElevatorSecured, FireAlarm, FireSprinklerSystem
    • Parking Description: Other,Valet
    • Total Floors in Building: 4

    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 Comps

    $500/ft²
    $500/ft²
    $700/ft²
    $900/ft²

    Unit #A404 – Asking

    $646/ft²

    (+7%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $604/ft²
    Community $/Price Range (Closed) $601/ft² – $702/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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