$300,000
0 bd · 1 ba · 480 sq ft · Hotel/Motel
1024 Ocean Dr # A305, Miami Beach FL 33139
For Sale · Active listing
Est. payment $1,649/mo · Mortgage calculator
Listed by EXP Realty LLC / Cristina Verrocchio
Contact: 786-543-6404 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
Rare opportunity to own a beautifully renovated, fully furnished oversized studio in one of South Beach's most desirable condo-hotels. Comfortably accommodates up to 6 guests, making it an outstanding income-producing property.No rental restrictions, daily, weekly, monthly, or long-term rentals are all allowed, offering maximum flexibility and exceptional investment potential. Guests will love the prime beachfront location, the spectacular rooftop pool with breathtaking ocean views, and the convenience of a 24/7 attended lobby for seamless check-ins at any time.Turnkey and ready to generate income from day one. Ideal for investors, vacation home buyers, or anyone looking for a property in the heart of South Beach with unbeatable short-term rental potential. No washer/dryer inside the unit.
Facts
- MLS #
- A12045374
- Subdivision
- THE STRAND ON OCEAN DRIVE
- Property type
- Residential
- Property subtype
- Hotel/Motel
- Sq. ft.
- 480
- Price per sq. ft.
- $625 / sq ft
- Year built
- 1964
- Days on market
- 12
- County
- Miami-Dade County
- Date listed
- Jun 18, 2026
- Last updated
- Jun 30, 2026
Financial considerations
- HOA fee
- $1,824 monthly
- Taxes
- $6,408 (2025)
- HOA amenities
- Elevator(s), Pool, Trash Chute
Exterior features
- Waterfront
- No
- View
- Other View
- Construction
- Concrete Block With Brick
- Additional features
- Other, Open Balcony
Interior features
- Heating
- None
- Cooling
- Central Air
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Additional features
- Elevator
Additional features
- Pets allowed
- No
- Security
- Fire Alarm, Card Entry, Other, TV Camera
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
1,891 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $705 per sq ft. This home asks $625 per sq ft.
Source: Southeast Florida MLS (SEFMLS). Last updated Jun 30, 2026, 1:00 AM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.