Basic Information

  • Type Condominiums
  • Subdivision/Complex The Strand On Ocean Drive
  • Year Built 1964
  • Total Sqft 516
  • Date Listed 06/18/2025
  • Days on Market 5
Description

Spacious renovated studio with balcony, located in a well-known South Beach condo-hotel with rooftop pool and iconic Palace Bar on the ground floor. Fully furnished, renovated and professionally designed in 2023. No hotel program—owners rent independently via third-party managers. Front desk in the building. HOA covers all utilities: electricity, water, sewer, internet, TV, and front desk service. This unit is professionally managed with strong booking history and high ROI. Buyer can start earning income from day one with seamless management transition. Ideal turnkey short-term rental investment

Amenities

  • Cabana
  • Pool
  • Elevators

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool Yes
  • Parking Description None
  • Exterior Features Balcony

Interior Features

  • Adjusted Sqft 516Sq.Ft
  • Interior Features Other, Bar
  • Sqft 516 Sq.Ft

Property Features

  • Aprox. Lot Size 516
  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees $1,730
  • Subdivision Complex The Strand On Ocean Drive
  • Subdivision Info The Strand On Ocean Drive
  • Tax Amount $5,381
  • Tax Year 2024

1024 Ocean Dr #A202

Miami Beach, FL 33139

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Vera Realty LLC. tel: 305-833-3303

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