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
  • $315,000

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 September 28, 2026 at 2:42 pm
  • Property ID A11917877
  • Price $315,000
  • Property Size 516 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 1964
  • Type Condominium
  • Property Status Active, Residential

Additional details

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

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