Rare Top-floor Unit Offering Unbeatable Value Per Square Foot And A Relaxing Partial Ocean View From Your Private Balcony. Perfect For Investors: Daily Rentals Allowed And No Hotel Program Needed. Manage It Yourself Or Bring In A Professional—total Flexibility. An Ideal Starter Investment Property In The Heart Of South Beach.

Features

Bedrooms

Bedrooms: No info

Bathrooms

Bathrooms: 1
Half Bathrooms: No info

Exterior and Lot Features

Exterior Features: Balcony
View: Ocean

Interior, Heating and Cooling

Interior Features: BreakfastArea, Other, TubShower
Equipment / Appliances: Dishwasher, Refrigerator
Heating Description: Electric
Cooling Description: Electric

Building and Construction

Floor Description: Laminate,Tile
Year Built: 1964
Year Built Description: Effective Year Built
Style: Penthouse

Waterfront and Water Access

Waterfront Frontage: Yes

School Information

Middle School: Nautilus
Senior High School: Miami Beach

Other Property Info

Garage: No info
Listing Date: 2025-11-20T16:53:47.000-00:00
Pets Allowed: Conditional,Yes

Taxes, Fees & More

Maintenance Includes: Amenities, CommonAreas, CableTv, Electricity, HotWater, Insurance, Internet, Sewer, Trash, Water
Taxes: 5560
Security Information: KeyCardEntry
Parking Description: None
Total Floors in Building: 5

Price History

11/20/2025

Date

Listed

Event

$335K

Price

$649 ft² / $6,988 m²

Price Per

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

Listed by Anna Lunicheva • Lokation • Buyer Agency Compensation .

Apples-to-Apples Comparables

Closed

Active

$500/ft²

$700/ft²

$1,000/ft²

$1,300/ft²

$335K

Unit #A502 – $649/ft²

(+7%) from Closed Avg.

$311.7K

Closed Avg. $604/ft²

Community $/Price Range (Closed) $601/ft² – $1174/ft²

Unit	Bed/Bath	Size SqFt	$/SqFt	View	Sold	Closed Date
# A202	0/1	516	$601	Other	$310,000	9/12/2025
# A402	0/1	516	$610	Ocean	$315,000	8/6/2025
# A302	0/1	516	$601	Ocean	$310,000	1/17/2025

Unit: # A202

Bed/Bath: 0/1

Size SqFt: 516

$/SqFt: $601

View: Other

Sold: $310,000

Closed Date: 9/12/2025

Unit: # A402

Bed/Bath: 0/1

Size SqFt: 516

$/SqFt: $610

View: Ocean

Sold: $315,000

Closed Date: 8/6/2025

Unit: # A302

Bed/Bath: 0/1

Size SqFt: 516

$/SqFt: $601

View: Ocean

Sold: $310,000

Closed Date: 1/17/2025

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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The Strand On Ocean Drive, 1024 Ocean Dr #A502, Miami Beach, FL, Florida 33139

Details

Price History

Apples-to-Apples Comparables

THINKING OF SELLING IN The Strand On Ocean Drive at Miami Beach?

Miami Beach Mid-Tier Homes & Condos

Miami Beach
Mid-Tier Homes & Condos