Property 1024 Ocean Drive A305, Miami Beach, FL 33139 for sale with MLS# A12045374

Rare opportunity to own a beautifully renovated, fully furnished oversized studio in one of South Beach's most desirable condo-hotels. Comfortably accommodates up to 6 guests, making it an outstanding income-producing property.No rental restrictions, daily, weekly, monthly, or long-term rentals are all allowed, offering maximum flexibility and exceptional investment potential. Guests will love the prime beachfront location, the spectacular rooftop pool with breathtaking ocean views, and the convenience of a 24/7 attended lobby for seamless check-ins at any time.Turnkey and ready to generate income from day one. Ideal for investors, vacation home buyers, or anyone looking for a property in the heart of South Beach with unbeatable short-term rental potential. No washer/dryer inside the unit.

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1024 Ocean Drive A305, Miami Beach, FL 33139

Price
Price:
$300,000.00
Original List Price:
$300,000.00
List Price per Sq Ft (Calculated, Approx.):
$625.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Description of Last Important Update:
New Listing
Last Major Update on:
June 18, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Tub
Measures
Living Area:
480 Sqft
Built-Up Area:
480 Sqft
Property Features
View from the Property:
Other
Waterfront:
No
Security:
Key Card Entry, Closed Circuit Camera(s), Other, Fire Alarm
Appliances:
Dishwasher, Microwave, Refrigerator, Electric Range
Interior:
Elevator
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air
Balcony Details:
Balcony - Open
Construction
Year Built:
1964
Architectural Style:
Other
Levels:
Two
Construction Materials:
Concrete Block - No Stucco
Flooring:
Laminate
Number of stories:
5
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$6,408.00
Tax Year:
2025
Association Fee:
$1,824.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Covered Spaces:
0
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium, Other Type Of Association
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Pool, Trash Chute, Elevator(s)
Subdivision Name:
THE STRAND ON OCEAN DRIVE
Association Fee Includes:
Sewer, Water, Trash, Internet, Elevator, Pool Service
Senior Community:
No
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:
Before Closing, Close Of Escrow
Zoning and Legal
Tax Legal Description:
THE STRAND ON OCEAN DRIVE CONDO UNIT A305 BLDG 1024 UNDIV 0.886769820% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 24396-1015 08 2005 1
Real Estate Folio Number (Parcel Number):
0242033020180
Public Schools Assigned
Elementary School:
Collins
High School:
Miami Beach
Listing History
Active on the market since:
June 18, 2026
Listing Agreement executed on:
June 18, 2026
Listing Status Last Changed On:
June 18, 2026 4:00 am
Photos updated on:
June 30, 2026 5:05 am
Last Modified:
July 6, 2026 4:02 pm
Additional Information
Courtesy of:
EXP Realty LLC
Attribution:
Not provided
Location
Floor Number:
3
Street Name:
Ocean
Street Number:
1024
Unit Number:
A305
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

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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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
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Ver la Propiedad Ver la propiedad 1024 Ocean Drive A305, Miami Beach, FL 33139
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.