This exceptional property in the heart of Miami Beach is perfect for investors, offering the unique advantage of short-term rentals with on-site management for seamless guest experiences. Just steps from the beach on iconic Ocean Drive, this income-generating unit provides access to a rooftop pool and top-notch amenities. Immerse yourself in the vibrant lifestyle, surrounded by world-class dining, shopping, and entertainment.
Sold for $315,000 on 08/06/25
$315,000
1024 Ocean Dr #A402, Miami Beach, FL 33139
0beds
516sqft
Hotel/Motel
Built in 1964
-- sqft lot
$315,000 Zestimate®
$610/sqft
$2,049 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 09:42am
Listed by:
Anna Lunicheva 754-232-4458,
Lokation
Bought with:
Fabrice Ernandes, 3427417
Serhant
Source: MIAMI,MLS#: A11746940
Originating MLS: A-Miami Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator
- Laundry: Common Area
Features
- Lobby, Elevator
- Flooring: Tile
- Windows: Blinds
Interior area
- Total structure area: 516
- Total interior livable area: 516 sqft
Property
Parking
- Parking features: None, Other
Features
- Exterior features: Balcony
- Pool features: Association
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Access, Ocean Front
Lot
- Features: East Of Us1
Details
- Parcel number: 0242033020070
Construction
Type & style
- Home type: Condo
- Property subtype: Hotel/Motel
- Attached to another structure: Yes
Materials
- Concrete Block Construction, CBS Construction
Condition
- Year built: 1964
Community & neighborhood
Security
- Security features: Elevator Secure, Card Entry
Location
- Region: Miami Beach
- Subdivision: The Strand On Ocean Drive
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,730 monthly
- Amenities included: Elevator(s), Pool
Other fees
- Application fee: $150
- Pet fee: $0
Other
Other facts
- Listing terms: All Cash,Conventional
Services availability
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Estimated market value
$315,000