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$300,000
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Property Description
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.
Full Property Details
Full Property Details for 1024 Ocean Dr #A305
General
- Price: $300,000
- HOA FEE: $1,824/month
- Taxes: $6,408 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12045374
- Updated: 6/30/2026
- Added to Site: 23 day(s) ago
Interior
- Interior Features: Elevator
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Primary Bath Tub
Additional Information
- Shared Amenities: Elevator(s), Pool, Trash Chute
- Maint. Includes: Elevator, Internet/WiFi, Pool Service, Sewer, Trash Removal, Water
- Security/Safety: Fire Alarm, Card Entry, Other, TV Camera
- Equipment: Elevator
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
School Information
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: The Strand On Ocean Drive
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: None
Structural Information
- Structure Type: Condo 5+ Stories, Hotel
- Detached/Attached: Attached
- Construction: Concrete Block With Brick
- Entry Floor Number: 3
- Building Size: 480
- Square Feet: 480
- Living Area: 480 Sq. Ft.
- Year Built: 1964
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $625
- Association Fee: $1,824
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,408
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: THE STRAND ON OCEAN DRIVE CONDO UNIT A305 BLDG 1024 UNDIV 0.886769820% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 24396-1015 08 2005 1
- Restrictions: Daily Rentals Allowed, Ok To Lease
- Property ID: 02-42-03-302-0180
Listed by EXP Realty LLC
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Schools
Schools serving 1024 Ocean Dr #A305
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1024 Ocean Dr #A305
Date
Details
Price
Change
Source
6/18/2026
Listed
$300,000
-15.49%
MLS
6/10/2022
Sold
$355,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1024 Ocean Dr #A305
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,493
7%
$292,800
7%
2024
$5,141
6%
$273,600
7%
2023
$4,835
40%
$255,840
43%
2021
$3,453
-9%
$178,848
-17%
2022
$3,814
10%
$214,618
10%
2021
$3,453
-8%
$194,400
—
2019
$3,767
-3%
$194,400
-6%
2018
$3,890
-1%
$206,880
—
2017
$3,940
-13%
$206,880
1%
2016
$4,505
3%
$205,266
10%
2015
$4,378
9%
$186,606
10%
2014
$4,008
28%
$169,642
10%
2013
$3,136
—
$154,220
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1024 Ocean Dr #A305
1024 Ocean Dr #A305, Miami Beach, FL 33139 (MLS# A12045374) is a Single Family property with 0 bedrooms and 1 full bathroom. 1024 Ocean Dr #A305 is currently listed for $300,000 and was received on June 18, 2026. Want to learn more about 1024 Ocean Dr #A305? Do you have questions about finding other Single Family 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.

