Skip main navigation
For sale
  • $315,000

    1024 Ocean Dr #A202, Miami Beach, FL 33139

    0beds
    516sqft
    : 
    Condominium
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $610/sqft
    $1,730/mo HOA

    What's special

    Renovated studioNew ac unitRooftop poolNew flooring
    Spacious renovated studio with a balcony in a popular South Beach condo-hotel. Fully licensed for short-term Airbnb rentals. Features a rooftop pool and the famous Palace Bar on the ground floor. Fully renovated in 2023 with new flooring, paint, furniture, doors, and a NEW AC unit. Sold furnished with proven 9 - years rental history. 2024 gross income - $80,000 and 80% occupancy through the year. No hotel program—owners can rent on their own or through any third-party manager. HOA includes all utilities: electricity, water, sewer, internet, TV, and front desk service. Option to continue with the current professional management or choose your own. Strong bookings and high ROI. Turnkey investment with income potential from day one.
    18 days
    on Zillow
    |
    402
    |
    17
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: June 27, 2025 at 07:58am

    Listed by:

    Irina Dyagleva 305-812-5085,

    Vera Realty LLC

    Source: MIAMI,MLS#: A11824939MLS LogoOriginating MLS: A-Miami Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1024 Ocean Dr #A202.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Electric Range, Refrigerator
    Features
    • Other
    Interior area
    • Total structure area: 516
    • Total interior livable area: 516 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Other, Balcony
    • Pool features: Association
    • Has view: Yes
    • View description: Other
    Details
    • Parcel number: 0242033020050

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Other
    Condition
    • Year built: 1964

    Community & HOA

    Community
    • Security: Fire Alarm, Smoke Detector, Card Entry
    • Subdivision: The Strand On Ocean Drive
    HOA
    • Has HOA: Yes
    • Amenities included: Bar, Cabana, Elevator(s), Pool
    • HOA fee: $1,730 monthly
    • Application fee: $0
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $610/sqft
    • Annual tax amount: $5,381
    • Date on market: 6/18/2025
    • Listing terms: All Cash,Conventional
    • Loading
    • Loading