Condo in 1024 Ocean Drive A502, Miami Beach, FL 33139 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 Drive A502, Miami Beach, FL 33139

Price
Price:
$330,000.00
Original List Price:
$335,000.00
List Price per Sq Ft (Calculated, Approx.):
$639.53
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
June 12, 2026 1:32 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Combo Tub/shower, Other
Dining Area:
Breakfast Area
Measures
Living Area:
516 Sqft
Built-Up Area:
516 Sqft
Property Features
View from the Property:
Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Front, Other
Security:
Key Card Entry
Appliances:
Dishwasher, Refrigerator
Interior:
Other
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Unit Description:
Penthouse
Balcony Details:
Balcony - Open
Construction
Year Built:
1964
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile, Laminate
Number of stories:
5
Road Frontage Type:
East of US-1
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$5,560.00
Tax Year:
2025
Association Fee:
$1,783.00
Association Fee Frequency:
Monthly
Parking
Garage Spaces:
0
Covered Spaces:
0
Utilities
Utilities Available:
Cable Available
Community
Association
Application Information:
No Approvals
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Heated Pool, Pool, Maintenance
Subdivision Name:
THE STRAND ON OCEAN DRIVE
Association Fee Includes:
Sewer, Water, Trash, Cable Tv, Common Areas, Insurance, Internet, Hot Water
Senior Community:
No
Restrictions:
Other Restrictions
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
0242033020080
Public Schools Assigned
Elementary School:
Miami Beach Fienberg / Fisher K-8
High School:
Miami Beach
Listing History
Active on the market since:
November 20, 2025
Listing Agreement executed on:
November 20, 2025
Price change occurred on:
June 12, 2026 1:32 am
Listing Status Last Changed On:
November 20, 2025 10:00 pm
Photos updated on:
July 9, 2026 9:15 pm
Last Modified:
July 9, 2026 9:15 pm
Additional Information
Courtesy of:
Lokation
Attribution:
Not provided
Location
Floor Number:
5
Street Name:
Ocean
Street Number:
1024
Unit Number:
A502
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 52.5''
Longitude:
W81° 52' 9.3''
Street Suffix:
Drive
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) 60 Moderate
☀️ O3 30 Good
🫁 PM2.5 60 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.