30
  • Type
  • Condominium
  • 0
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 516 Sq Ft
  • Area Size
1024 Ocean Dr # A502, Miami Beach FL 33139 | Miami-Dade County | A11917877
  • $330,000

Description

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.

Property Overview

This top-floor condominium at The Strand on Ocean Drive offers a 516-square-foot floor plan with one full bath. The 1964 building is located at 1024 Ocean Drive, unit A502, in Miami Beach. The private balcony provides a partial ocean view. Daily rentals are permitted, and there is no required hotel program, offering flexibility for management. The listed price is $330,000 with a monthly HOA fee of $1,783.

Frequently Asked Questions

Is this condo at The Strand on Ocean Drive a hotel program unit?

No. This is not a hotel program unit. The listing states daily rentals are allowed and no hotel program is needed. You have the flexibility to manage rentals yourself or use a professional.

What is the monthly HOA fee and what does it cover?

The monthly HOA fee is $1,783. For specific details on what this fee includes, please contact Miami Beach Brokers at 305-859-4733.

Does this unit have a bedroom?

This condo is listed with 0 bedrooms. It is a studio-style floor plan with 1 full bathroom and 516 square feet of living area.

What is the view from the unit?

The public description mentions a relaxing partial ocean view from the private balcony. The unit is on the top floor, which can impact the view.

What year was the building constructed?

The Strand on Ocean Drive was built in 1964.

Is this property suitable for a primary residence?

The listing is presented as an ideal starter investment property. For questions about zoning or suitability for primary residence, please call 305-859-4733.

Monthly Fees & Carrying Costs

Association Fee $1,783 / month
Total Monthly Fees $1,783 / month
  • Membership Required: No

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

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

Details

Updated on August 13, 2026 at 6:50 pm
  • Property ID A11917877
  • Price $330,000
  • Property Size 516 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 1964
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Waterfront Features Ocean Front
  • Bedroom Features Other
  • Cooling Electric
  • Association Type Condo
  • Building THE STRAND ON OCEAN DRIVE
  • Association Fee Frequency Monthly
  • Area The Strand On Ocean Drive
  • Annual Tax 5560
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision THE STRAND ON OCEAN DRIVE
  • Total Stories 5
  • Restrictions Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease
  • Maintenance Includes All Amenities, Cable Tv, Common Area, Electric, Hot Water, Insurance, Internet/WiFi, Sewer, Trash Removal, Water
  • Amenities Heated Pool, Pool
  • Parking None
  • Heating Electric
  • Structure Type Condo-Hotel, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 516
  • Covered Spaces 0
  • Middle School Nautilus
  • Unit Floor 5
  • View Ocean View
  • Year Built Details Effective Year Built
  • High School Miami Beach
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number A502
  • Inclusions Other
  • Half Bathrooms 0
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 0
  • Style Condo-Hotel
  • Association Fee 1783
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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