Condo in 1024 Ocean Dr A502 Miami Beach for sale with MLS# A11917877

Rare top-floor unit offering unbeatable value per square foot and a relaxing partial ocean view from your private balcony. Perfect for investors: daily rentals allowed and no hotel program needed. Manage it yourself or bring in a professional-total flexibility. An ideal starter investment property in the heart of South Beach.

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1024 Ocean Dr A502, Miami Beach, FL 33139

Price
Price:
$335,000.00
Original List Price:
$335,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11917877
Description of Last Important Update:
New Listing
Last Major Update on:
November 20, 2025 4:53 pm
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
516 Sqft
Built-Up Area:
516 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Front
Swimming Pool Features:
Heated, Association
Security:
Key Card Entry
Appliances:
Dishwasher, Refrigerator
Interior:
Breakfast Area, Other, Tub Shower
Exterior:
Balcony
Patio and Porch:
Balcony, Open
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Water Access Description:
Other
Construction
Year Built:
1964
Year Built Details:
Effective Year Built
Architectural Style:
Penthouse
Entry Level (floor):
5
Entry Level Location:
5
Construction Materials:
Block
Flooring:
Tile, Laminate
Number of stories:
5
Taxes and Expenses
Tax Annual Amount:
$5,560.00
Tax Year:
2025
Association Fee:
$1,783.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool
Subdivision Name:
THE STRAND ON OCEAN DRIVE
Association Fee Includes:
Sewer, Water, Trash, Cable Tv, Common Areas, Insurance, Internet, Electricity, Hot Water, Amenities
Complex Name:
THE STRAND ON OCEAN DRIVE
Senior Community:
No
Restrictions:
Corporate Buyer Allowed, Daily Rentals Allowed, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
THE STRAND ON OCEAN DRIVE CONDO UNIT A502 BLDG 1024 UNDIV 0.921693980% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 24228-2113 09 2005 1
Real Estate Folio Number (Parcel Number):
02-42-03-302-0080
Public Schools Assigned
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
November 20, 2025 4:53 pm
Active on the market since:
November 20, 2025
Price change occurred on:
November 20, 2025 4:53 pm
Listing Status Last Changed On:
November 20, 2025 4:53 pm
Photos updated on:
November 20, 2025 10:41 pm
Last Modified:
April 22, 2026 3:04 pm
Additional Information
Unit View:
Ocean View
Housing Older Persons Act:
No HOPA
Unit Design:
East Of Us1, Penthouse
Type of Association:
Condo
Minimum Number of Days per Lease:
1
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$0.00
Number of Times Leased per Year:
365
Flood Zone:
AE
Application Fee:
$0.00
Style:
Condo-Hotel
Municipal Code:
2
Subdivision Number:
302
Courtesy of:
Lokation
Attribution:
754-232-4458
Location
Street Name:
Ocean Dr
Street Number:
1024
Unit Number:
A502
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 51.3''
Longitude:
W81° 52' 9.5''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.