1024 Ocean Dr #A202
Miami Beach, FL 33139
0
Bed
1
Bath
516Sqft
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Other, BarAppliances: Dishwasher, ElectricRange, Microwave, Refrigerator -
Heating & Cooling
Heating: Other Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1964Building Area Total: 516Construction Materials: OtherPatio And Porch Features: Balcony, OpenPool Features: AssociationPrivate Pool: NoView: OtherAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony
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Listing Price Information
Listing Price: $315000Cash, Conventional
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Tax Information
Parcel Number: 02-42-03-302-0050 Tax Year: 2024 Annual Tax: $5381 Tax Legal Desc: THE STRAND ON OCEAN DRIVE CONDO UNIT A202 BLDG 1024 UNDIV 0.921693980% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 23832-4544 08 2005 1
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Virtual Tour
Parking Information
NoneGarage Information
Pets Allowed: NoHomeowners Association Information
Included Fees: Amenities, CommonAreas, CableTv, Electricity, HotWater, Internet, PestControl, Pools, Sewer, Security, Trash, WaterHOA: $1,730.00Association Amenities: Cabana, Pool, Elevators
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Location Information
Security Features: KeyCardEntry,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1455 West Ave #501, Miami Beach, FL, 33139 | $470,000 | 2 | 2 | 878 | 878 SqFt |
| 100 S Pointe Dr #1206, Miami Beach, FL, 33139 | $13,900,000 | 3 | 4 | 2,508 | 2,508 SqFt |
| 5 Island Ave #LE, Miami Beach, FL, 33139 | $459,000 | 1 | 2 | 950 | 950 SqFt |
| 618 Euclid Ave #303, Miami Beach, FL, 33139 | $270,000 | 1 | 2 | 703 | 703 SqFt |
| 1235 Euclid Ave #16, Miami Beach, FL, 33139 | $199,999 | -- | 1 | 430 | 430 SqFt |
| 1555 Pennsylvania Ave #.., Miami Beach, FL, 33139 | $210,000 | 1 | 1 | 428 | 428 SqFt |
| 520 West Ave #1203, Miami Beach, FL, 33139 | $975,000 | 1 | 1 | 776 | 776 SqFt |
| 1526 Pennsylvania Ave #20, Miami Beach, FL, 33139 | $239,000 | 1 | 1 | 456 | 456 SqFt |
| 100 Meridian Ave #233, Miami Beach, FL, 33139 | $1,025,000 | 2 | 2 | 940 | 940 SqFt |
| 1100 West Ave #410, Miami Beach, FL, 33139 | $499,000 | 1 | 1 | 696 | 696 SqFt |
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ByOwner last updated this listing 06/05/2026 @ 23:47
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