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1036 Ocean Drive B201, Miami Beach, FL 33139
Active
234 Days on Market
1 / 30
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How this price compares

List price
$975,000
Price per sq ft
$1,337
Vs. nearby sales
77.1% above
Days on market
234

This 2-bedroom condo in The Strand On Ocean Drive is listed at $975,000, or $1,337 per square foot. The asking price has come down 2% from its original $995,000. It has been on the market for 234 days. The 5 most recent condo sales in the closings shown below sold at a median of $755 per square foot, so the asking price is 77.1% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
729
Living Sq Ft
1964
Year Built

Estimated monthly payment

$5,124 /mo

Principal and interest only, based on $195,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,466/mo HOA are not included.

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Listing Snapshot

Price
$975,000
Days on Site
234 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
729 sqft
Total Sq Ft
729 sqft
Year Built
1964
Property Type
Condo
MLS #
A11956741
Property Tax
$10,066 (2025)
HOA Fees
$2,466 / Monthly
Subdivision
THE STRAND ON OCEAN DRIVE
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Own a corner oceanfront residence on iconic Ocean Drive with direct views of Lummus Park, the beach, and the Atlantic. Set in the heart of South Beach, this is a rare intersection of location, design, and performance, an already operating short-term rental, delivered fully turnkey.The layout, created by the combination of two units, offers a flexible two-bedroom configuration that adapts naturally to maximize occupancy and guest experience. Renovated with approved City of Miami Beach permits, the residence also features insulated walls and a new AC system.Maintenance includes all utilities: water, electric, cable and internet. Amenities include rooftop pool and front desk attendant.The building offers a pool, valet parking, and attended service, completing a setting that balances convenience with the elevated expectations of Ocean Drive living.What ultimately defines the space is its presence, bold and cinematic, capturing the essence of Miami at its most iconic with a subtle Scarface-style energy that guests are drawn to and consistently return for.Rarely available on Ocean Drive.

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General Features

Property Type
Condo
Status
Active
Year Built
1964
Property Condition
Resale
Number of Stories
3
Garage Spaces
0
Parking
On Street
Living Sq Ft
729
Total Sq Ft
729

Interior Features

Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Bathtub / Elevator / Sitting Area In Primary / Split Bedrooms / Soaking Tub / Walk In Closets / Bar

Exterior Features

Construction
Block
Pool Features
Association
View
Garden / Ocean / Water

Community & HOA

HOA Fee
$2,466 / Monthly
HOA Includes
Cable Tv / Hot Water / Internet
Association Amenities
Maintenance Grounds / Pool / Elevators
Security
Elevator Secured / Key Card Entry / Lobby Secured
Pets Allowed
Pet Restrictions / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease / Short Term Rentals Allowed
MLS Area
2420

Schools

Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach

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
Median List Price
$299,000
Median $/Sq Ft
$761
Avg Days on Market
215
View all 17 homes for sale in The Strand On Ocean Drive →
How do I schedule a tour of 1036 Ocean Drive B201, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 1036 Ocean Drive B201, 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 1036 Ocean Drive B201, Miami Beach, FL 33139 still available?
1036 Ocean Drive B201, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 234 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 1036 Ocean Drive B201, Miami Beach, FL 33139?
With 20% down ($195,000) on the $975,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1036 Ocean Drive B201, Miami Beach, FL 33139 is about $5,124/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 1036 Ocean Drive B201, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1036 Ocean Drive B201, 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 1036 Ocean Drive B201, Miami Beach, FL 33139 have an HOA fee?
Yes: 1036 Ocean Drive B201, Miami Beach, FL 33139 carries an HOA fee of about $2,466 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 1036 Ocean Drive B201, Miami Beach, FL 33139?
1036 Ocean Drive B201, 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 1036 Ocean Drive B201, Miami Beach, FL 33139?
Often, yes. The right offer on 1036 Ocean Drive B201, 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 Oceanica Real Estate, 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 June 23, 2026.

$975,000

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Listed by Johanna C Bassols, Oceanica Real Estate, LLC

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