The Strand On Ocean Drive, 1024 Ocean Dr #A502

Own in The Strand On Ocean Drive?
Studio
Beds
1
Baths
516
SqFt
$579
$/SqFt
High-End Condo
Built in 1964
Ocean View
$1,783/mo HOA
Waterfront
Penthouse
Balcony
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.
MLS Number: A11917877
On Site: 326 Days
Updated: 5 Days ago
Page Views: 0

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

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Price History

Current
$299K
High
$335K
Low
$299K
Total Change
-10.7%
$339K$317K$295KNov 25Jun 26Jun 26Jun 26Sep 26Oct 26Oct 26
Date
Event
Price
Change
Price Per
10/07/2026
Price Reduced
$299K
-3.55%
$579 ft2
$6,237 m2
10/04/2026
Price Reduced
$310K
-1.59%
$601 ft2
$6,467 m2
09/07/2026
Price Reduced
$315K
-4.55%
$610 ft2
$6,571 m2
06/11/2026
Price Reduced
$330K
0%
$640 ft2
$6,884 m2
06/11/2026
Price Reduced
$330K
-1.49%
$640 ft2
$6,884 m2
06/09/2026
Price Reduced
$335K
0%
$649 ft2
$6,988 m2
11/20/2025
Listed
$335K
 
$649 ft2
$6,988 m2
10/07/2026
$299K
Event
Price Reduced
Change
-3.55%
Price Per
$579 ft2
$6,237 m2
10/04/2026
$310K
Event
Price Reduced
Change
-1.59%
Price Per
$601 ft2
$6,467 m2
09/07/2026
$315K
Event
Price Reduced
Change
-4.55%
Price Per
$610 ft2
$6,571 m2
06/11/2026
$330K
Event
Price Reduced
Change
0%
Price Per
$640 ft2
$6,884 m2
06/11/2026
$330K
Event
Price Reduced
Change
-1.49%
Price Per
$640 ft2
$6,884 m2
06/09/2026
$335K
Event
Price Reduced
Change
0%
Price Per
$649 ft2
$6,988 m2
11/20/2025
$335K
Event
Listed
Price Per
$649 ft2
$6,988 m2
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 .

Transit & Commute from The Strand On Ocean Drive

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34
Traffic score
Congested area. Frequent traffic delays
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Scores

Walk Score®
Walker's Paradise. Daily errands do not require a car
96

100
Transit Score®
Good Transit. Many nearby public transportation options
53

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
76

100
Sound Score®
Very loud
73

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
34

100
Local Score
Limited local amenities nearby
2

100
Community Snapshot
Studio – 2 BR
Bedrooms
$250K – $975K
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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