Miami Beach, FL 33139,1024 Ocean Dr #A202
Miami Beach, FL 33139,1024 Ocean Dr #A202
Miami Beach, FL 33139,1024 Ocean Dr #A202
19
$310,000
$315,000
1.6%
Est.Price: ?

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1 BA
516 SqFt

1024 Ocean Dr #A202 Miami Beach, FL 33139

Est. payment /mo
SOLD DATE : 09/12/2025

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Key Details

Sold Price $310,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 516 sqft

Price per Sqft $600

Subdivision The Strand On Ocean Drive

MLS Listing ID A11824939

Style Other

Full Baths 1

HOA Fees $1,730/mo

Min Days of Lease 1

Year Built 1964

Annual Tax Amount $5,381

Tax Year 2024

Property Sub-Type Condominium

Property Description

Spacious renovated studio with a balcony in a popular South Beach condo-hotel. Fully licensed for short-term Airbnb rentals. Features a rooftop pool and the famous Palace Bar on the ground floor. Fully renovated in 2023 with new flooring, paint, furniture, doors, and a NEW AC unit. Sold furnished with proven 9 - years rental history. 2024 gross income - $80,000 and 80% occupancy through the year. No hotel program—owners can rent on their own or through any third-party manager. HOA includes all utilities: electricity, water, sewer, internet, TV, and front desk service. Option to continue with the current professional management or choose your own. Strong bookings and high ROI. Turnkey investment with income potential from day one.

Location

State FL

County Miami-dade

Community The Strand On Ocean Drive

Area 42

Interior

Heating Other

Cooling Central Air

Flooring Laminate

Exterior

Exterior Feature Balcony

Pool Association

Amenities Available Cabana, Pool, Elevator(s)

View Other

Building

Structure Type Other

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Vera Realty LLC
Bought with Keller Williams Realty Miami Beach

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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