Description

Turnkey condo-hotel studio unit located directly on iconic Ocean Drive in the heart of South Beach. Situated just steps from the sand and across from Lummus Park, this modern studio offers the perfect combination of location, flexibility, and income potential.
The unit features contemporary finishes, large format tile flooring, a kitchenette, and comes fully furnished for immediate use or rental. Owners may rent the unit daily and have the option to self-manage or utilize the building’s front desk services, providing excellent flexibility for short-term rental income.
The building offers a rooftop terrace with swimming pool, lounge chairs, and bar overlooking Ocean Drive and the Atlantic Ocean. Maintenance includes utilities such as electricity, air conditioning, internet, and cable, simplifying ownership and operations.
Located within Miami Beach’s historic Art Deco District and surrounded by world-renowned restaurants, cafés, nightlife, and the beach, this property offers strong year-round demand from international visitors. Ideal as an investment property, vacation retreat, or income-producing short-term rental in one of Miami Beach’s most recognizable destinations.

Address

Open on Google Maps

Address: Ocean Dr
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33139
Area: THE STRAND ON OCEAN DRIVE

Details

Updated on April 5, 2026 at 2:44 am

Property ID A11977317
Price $300,000
Property Size 389 Square Feet
Bedroom 0
Bathroom 1
Garage 0
Year Built 2005
Type Condominium
Property Status Residential

Additional details

AssociationAmenities Bar, Pool
AssociationFee 1468
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 389
BuildingAreaUnits Square Feet
BuildingName THE STRAND ON OCEAN DRIVE
CarportSpaces 0
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-03-05
Cooling Central Air
CoveredSpaces 0
DaysOnMarket 30
EntryLevel 4
ExpirationDate 2027-03-06
Flooring Tile
Furnished Furnished
Heating Central
HighSchool Miami Beach
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-495-6328
ListingTerms All Cash, Conventional, FHA
LotSizeSquareFeet 0
MLSAreaMajor The Strand On Ocean Drive
MajorChangeTimestamp April 4, 2026 at 08:54pm
MajorChangeType Price Decrease
MiddleOrJuniorSchool Nautilus
MlsStatus Active
ModificationTimestamp April 4, 2026 at 08:54pm
OnMarketDate 2026-03-05
OriginalEntryTimestamp March 5, 2026 at 11:20pm
OriginalListPrice 335000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Elevator
OtherExpense 0
ParcelNumber 02-42-03-302-0690
ParkingFeatures None, On Street
PatioAndPorchFeatures Open Balcony
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp March 5, 2026 at 11:22pm
PhotosCount 25
Possession Funding
PostalCodePlus4 5014
PreviousListPrice 335000
PriceChangeTimestamp April 4, 2026 at 08:54pm
PublicSurveyRange 42
PublicSurveySection 3
PublicSurveyTownship 42
RoomsTotal 0
SecurityFeatures Doorman, Elevator Secure, Card Entry
ShowingInstructions See Broker Remarks
SourceSystemKey 438334199
StateOrProvince FL
StatusChangeTimestamp March 5, 2026 at 11:20pm
StoriesTotal 5
StreetName Ocean Dr
StreetNumber 1052
StreetNumberNumeric 1052
StructureType Condo-Hotel, Condo
SyndicationRemarks Turnkey condo-hotel studio unit located directly on iconic Ocean Drive in the heart of South Beach. Situated just steps from the sand and across from Lummus Park, this modern studio offers the perfect combination of location, flexibility, and income potential. The unit features contemporary finishes, large format tile flooring, a kitchenette, and comes fully furnished for immediate use or rental. Owners may rent the unit daily and have the option to self-manage or utilize the building’s front desk services, providing excellent flexibility for short-term rental income. The building offers a rooftop terrace with swimming pool, lounge chairs, and bar overlooking Ocean Drive and the Atlantic Ocean. Maintenance includes utilities such as electricity, air conditioning, internet, and cable, simplifying ownership and operations. Located within Miami Beach’s historic Art Deco District and surrounded by world-renowned restaurants, cafés, nightlife, and the beach, this property offers strong year-round demand from international visitors. Ideal as an investment property, vacation retreat, or income-producing short-term rental in one of Miami Beach’s most recognizable destinations.
TaxAnnualAmount 4904
TaxLegalDescription THE STRAND ON OCEAN DRIVE CONDO UNIT C407 BLDG 1052 UNDIV 0.725815030% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 25803-3047 07 2007 5
TaxYear 2025
UnitNumber C407
View Ocean View
YearBuiltDetails Resale