$300,000
1024 Ocean Drive A305
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $300,000
- Price per sq ft
- $625
- Original price
- Unchanged
- Days on market
- 18
This single-family home in The Strand On Ocean Drive is listed at $300,000, or $625 per square foot. It has been on the market for 18 days.
Estimated monthly payment
$1,577 /mo
Principal and interest only, based on $60,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,824/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $300,000
- Days on Site
- 18 Days
- Bedrooms
- 0
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 480 sqft
- Total Sq Ft
- 480 sqft
- Year Built
- 1964
- Property Type
- Single Family
- MLS #
- A12045374
- Property Tax
- $6,408 (2025)
- HOA Fees
- $1,824 / Monthly
- Subdivision
- THE STRAND ON OCEAN DRIVE
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1964
- Number of Stories
- 5
- Garage Spaces
- 0
- Living Sq Ft
- 480
- Total Sq Ft
- 480
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- None
- Flooring
- Laminate
- Interior Features
- Bathtub / Elevator / Soaking Tub
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Other
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Other
Community & HOA
- HOA Fee
- $1,824 / Monthly
- HOA Includes
- Internet / Pools / Sewer / Trash / Water
- Association Amenities
- Pool / Trash / Elevators
- Security
- Closed Circuit Cameras / Fire Alarm / Key Card Entry / Other
- Pets Allowed
- No
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease / Short Term Rentals Allowed
- MLS Area
- 2420
This home's HOA fee works out to $1,824 a month, 19% above the $1,535 median across 17 homes for sale in The Strand On Ocean Drive. See The Strand On Ocean Drive HOA fees
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
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 A305, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1024 Ocean Drive A305, 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 A305, Miami Beach, FL 33139 still available?
- 1024 Ocean Drive A305, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 18 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 A305, Miami Beach, FL 33139?
- With 20% down ($60,000) on the $300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1024 Ocean Drive A305, Miami Beach, FL 33139 is about $1,577/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 A305, 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 A305, 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 A305, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1024 Ocean Drive A305, Miami Beach, FL 33139 carries an HOA fee of about $1,824 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1024 Ocean Drive A305, Miami Beach, FL 33139?
- 1024 Ocean Drive A305, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1024 Ocean Drive A305, Miami Beach, FL 33139?
- Often, yes. The right offer on 1024 Ocean Drive A305, Miami Beach, FL 33139 depends on how it's priced against comparable single family 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 EXP 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 3, 2026.
$300,000
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Listed by Cristina Verrocchio, EXP Realty LLC
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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 $755 per square foot. The most recent closed on October 14, 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 · October 14, 2026
1052 Ocean Drive C203
1 bed · 1 bath · 475 sqft · $611/sqft
$7,000 under the asking price
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$310,000
Sold · September 12, 2025
1024 Ocean Drive A202
0 bed · 1 bath · 516 sqft · $601/sqft
$5,000 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.
