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1060 Ocean Drive D206, Miami Beach, FL 33139
Active
45 Days on Market
Virtual Tour
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How this price compares

List price
$285,000
Price per sq ft
$632
Original price
$320,000
Days on market
45

This 1-bedroom condo in The Strand On Ocean Drive is listed at $285,000, or $632 per square foot. The asking price has come down 10.9% from its original $320,000. It has been on the market for 45 days.

1
Bedrooms
1
Bathrooms
451
Living Sq Ft
1934
Year Built

Estimated monthly payment

$1,498 /mo

Principal and interest only, based on $57,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,535/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price
$285,000
Days on Site
45 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
451 sqft
Total Sq Ft
451 sqft
Year Built
1934
Property Type
Condo
MLS #
A12076468
HOA Fees
$1,535 / Monthly
Subdivision
THE STRAND ON OCEAN DRIVE
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Exceptional opportunity to own a short-term vacation rental in the heart of South Beach, ideally located on iconic Ocean Drive at the corner of 11th Street. Currently professionally managed as a vacation rental, the property offers flexibility as both an investment and a personal getaway. Owners and guests enjoy access to a rooftop pool and bar, along with convenient front desk services located next door at The Strand. Step outside and experience the very best of South Beach, directly across from the beach and Lummus Park, next door to the world-famous former Versace Mansion, and just steps from Palace Bar & Restaurant, one of Ocean Drive’s best-known dining and entertainmentdestinations. A unique additional opportunity: Unit D204, located directly next to D206, is also being offered for sale. The two units are side-by-side, providing the opportunity to purchase one or both adjacent residences, an attractive option for investors, extended families, or buyers seekingadditional vacation-rental flexibility. With its prime location, short-term rental flexibility, and the unmistakable energy of Ocean Drive, this is a unique opportunity to own in one of South Beach’s most recognizable locations. Unit is being completely repainted. New photos will be updated as soon as unit is finished being repainted. Walk thru video is available.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1934
Property Condition
Resale
Number of Stories
3
Garage Spaces
0
Parking
On Street
Living Sq Ft
451
Total Sq Ft
451

Interior Features

Appliances
Dishwasher / Electric Range / Microwave
Cooling
Central Air
Heating
Central
Flooring
Carpet / Tile
Interior Features
Elevator / None / Other
Windows
Blinds / Drapes / Rods

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
None
Architectural Style
Other
Pool Features
Association
Waterfront Features
None / Ocean Front
View
Other

Community & HOA

HOA Fee
$1,535 / Monthly
Association Amenities
Pool / Elevators
Security
Closed Circuit Cameras / Key Card Entry / Other / Security Fence
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease
MLS Area
2420

This home's HOA fee works out to $1,535 a month, in line with 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

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
View all 17 homes for sale in The Strand On Ocean Drive →
How do I schedule a tour of 1060 Ocean Drive D206, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 1060 Ocean Drive D206, 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 1060 Ocean Drive D206, Miami Beach, FL 33139 still available?
1060 Ocean Drive D206, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 45 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 1060 Ocean Drive D206, Miami Beach, FL 33139?
With 20% down ($57,000) on the $285,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1060 Ocean Drive D206, Miami Beach, FL 33139 is about $1,498/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 1060 Ocean Drive D206, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1060 Ocean Drive D206, 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 1060 Ocean Drive D206, Miami Beach, FL 33139 have an HOA fee?
Yes: 1060 Ocean Drive D206, Miami Beach, FL 33139 carries an HOA fee of about $1,535 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 1060 Ocean Drive D206, Miami Beach, FL 33139?
1060 Ocean Drive D206, 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 1060 Ocean Drive D206, Miami Beach, FL 33139?
Often, yes. The right offer on 1060 Ocean Drive D206, 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 One Sotheby's International Realty

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 August 30, 2026.

$285,000

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Listed by Sheri L Borchardt, One Sotheby's International Realty

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