$310,000
Sold · September 12, 2025
1024 Ocean Drive A202
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $310,000
- Vs. list price
- 1.6% under
- Days on market
- 47
- Price per sq ft
- $601
This condo in The Strand On Ocean Drive sold for $310,000 on September 12, 2025. That was 1.6% below its final list price of $315,000. It spent 47 days on the market. At $601 per square foot, it closed 22.6% below the $776 median of the 5 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $310,000
- Sold On
- September 12, 2025
- Days on Site
- 47 Days
- Bedrooms
- 0
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 516 sqft
- Total Sq Ft
- 516 sqft
- Year Built
- 1964
- Property Type
- Condo
- MLS #
- A11824939
- Property Tax
- $5,381 (2024)
- HOA Fees
- $1,730 / Monthly
- Subdivision
- THE STRAND ON OCEAN DRIVE
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1964
- Number of Stories
- 4
- Garage Spaces
- 0
- Living Sq Ft
- 516
- Total Sq Ft
- 516
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Other
- Flooring
- Laminate
- Interior Features
- Other / Bar
Exterior Features
- Construction
- Other
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Other
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Other
Community & HOA
- HOA Fee
- $1,730 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Internet / Pest Control / Pools / Sewer / Security / Trash / Water
- Association Amenities
- Cabana / Maintenance Grounds / Pool / Elevators
- Security
- Fire Alarm / Key Card Entry / Smoke Detectors
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2420
About the Community
The Strand On Ocean Drive is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $327,000 to $895,000. Homes were built between 1934 and 2005. Pure Equity lists homes in The Strand On Ocean Drive and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 17
- Under Contract
- 1
- Median List Price
- $299,000
- Median $/Sq Ft
- $761
- Avg Days on Market
- 215
Frequently Asked Questions
- How do I schedule a tour of 1024 Ocean Drive A202, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1024 Ocean Drive A202, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1024 Ocean Drive A202, Miami Beach, FL 33139 still available?
- 1024 Ocean Drive A202, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 47 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1024 Ocean Drive A202, Miami Beach, FL 33139?
- With 20% down ($63,000) on the $315,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1024 Ocean Drive A202, Miami Beach, FL 33139 is about $1,655/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1024 Ocean Drive A202, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1024 Ocean Drive A202, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1024 Ocean Drive A202, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1024 Ocean Drive A202, Miami Beach, FL 33139 carries an HOA fee of about $1,730 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 1024 Ocean Drive A202, Miami Beach, FL 33139?
- Often, yes. The right offer on 1024 Ocean Drive A202, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Vera Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$310,000
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Listed by Irina Dyagleva, Vera Realty LLC
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Property Types
Recent Sales
Recently sold homes in The Strand On Ocean Drive
These are the last 6 recorded closings in The Strand On Ocean Drive, with the price each home actually sold for rather than what it was listed at. They closed at a median of $776 per square foot. The most recent closed on June 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$290,000
Sold · June 25, 2026
1052 Ocean Drive C407
0 bed · 1 bath · 389 sqft · $746/sqft
$10,000 under the asking price
Sold$225,000
Sold · March 20, 2026
1036 Ocean Drive B205
1 bed · 1 bath · 298 sqft · $755/sqft
$25,000 under the asking price
Sold$375,000
Sold · March 3, 2026
1060 Ocean Drive D302
1 bed · 1 bath · 470 sqft · $798/sqft
Sold$315,000
Sold · March 3, 2026
1052 Ocean Drive C405
0 bed · 1 bath · 406 sqft · $776/sqft
Sold$315,000
Sold · August 6, 2025
1024 Ocean Drive A402
0 bed · 1 bath · 516 sqft · $610/sqft
$10,000 under the asking price
Sold$580,000
Sold · July 25, 2025
1052 Ocean Drive C502
1 bed · 1 bath · 494 sqft · $1,174/sqft
$19,000 under the asking price
See every recorded sale in The Strand On Ocean Drive or find out what your The Strand On Ocean Drive home is worth.
