1024 Ocean Dr #A202, Miami Beach, FL 33139 - Photo 1

1/1

$310,000

Sold
Closed
Condo
1 Full Bath
516 Sq. Ft.

1/1

Property Description

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.

Full Property Details

Full Property Details for 1024 Ocean Dr #A202

General

Sold For: $310,000
HOA FEE: $1,730/month
Taxes: $5,381 (2024)
Status: Closed
Type: Condo
Source: Greater_Miami
MLS ID: A11824939
Added to Site: 212 day(s) ago

Interior

Interior Features: Other
Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
Furnished: Yes
Furnishings: Furnished

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Bedroom Features: Other

Additional Information

Shared Amenities: Bar, Cabana, Elevator(s), Pool
Maint. Includes: All Amenities, Cable Tv, Common Area, Electric, Elevator, Hot Water, Internet/WiFi, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, Water
Security/Safety: Fire Alarm, Smoke Detector, Card Entry

Exterior

Exterior Features: Other, Open Balcony
Deck/Patio: Open Balcony

Parking

Parking Features: None

Location

Area: The Strand On Ocean Drive
County: Miami-Dade County
Subdivision: THE STRAND ON OCEAN DRIVE
Building Name: THE STRAND ON OCEAN DRIVE

Community

Community Name: The Strand On Ocean Drive
Association: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Other

Structural Information

Structure Type: Condo-Hotel, Condo
Detached/Attached: Attached
Construction: Other
Entry Floor Number: 2
Building Size: 516
Square Feet: 516
Living Area: 516 Sq. Ft.
Year Built: 1964

Lot Features

Property View: Other View
Potential Use: Investment

Financial Considerations

Price Per Sq. Ft.: $600.78
Association Fee: $1,730
Assoc Fee Freq.: Monthly
Tax Amount: $5,381
Tax Year: 2024
Terms: All Cash, Conventional

Disclosures and Reports

Legal Description: THE STRAND ON OCEAN DRIVE CONDO UNIT A202 BLDG 1024 UNDIV 0.921693980% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 23832-4544 08 2005 1
Restrictions: Daily Rentals Allowed, No Restrictions, Okay To Lease 1st Year
Property ID: 02-42-03-302-0050

Listed by Vera Realty LLC
Sold by Keller Williams Realty Miami Beach

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Schools

Schools serving 1024 Ocean Dr #A202

School District:Dade County School District

Name	Grades	Distance
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139	PK-5	0.4 mi
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140	6-8	2.3 mi
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1024 Ocean Dr #A202

Date

Details

Price

Change

Source

9/12/2025

Sold

$310,000

-1.59%

MLS

6/18/2025

Listed

$315,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Bath
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1
Bed
1
Total Bath
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Updated 3 days ago

2
Beds
2
Total Baths
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Updated 3 days ago

2
Beds
2
Total Baths
1,061
Sq. Ft.

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Condo
Active
Updated 3 hours ago

1
Bed
1
Total Bath
940
Sq. Ft.

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Single Family
Closed

1
Total Bath
516
Sq. Ft.

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1
Total Bath
420
Sq. Ft.

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Condo / Townhouse
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1
Bed
1
Total Bath

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Updated 1 day ago

1
Bed
1
Total Bath
565
Sq. Ft.

1024 Ocean Dr #A202, Miami Beach, FL 33139 (MLS# A11824939) is a Condo property that was sold at $310,000 on September 12, 2025. Want to learn more about 1024 Ocean Dr #A202? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

1024 Ocean Dr #A202 Miami Beach, FL 33139