1024 Ocean Drive A305, Miami Beach, FL 33139

Overview

Description

Rare opportunity to own a beautifully renovated, fully furnished oversized studio in one of South Beach's most desirable condo-hotels. Comfortably accommodates up to 6 guests, making it an outstanding income-producing property.No rental restrictions, daily, weekly, monthly, or long-term rentals are all allowed, offering maximum flexibility and exceptional investment potential. Guests will love the prime beachfront location, the spectacular rooftop pool with breathtaking ocean views, and the convenience of a 24/7 attended lobby for seamless check-ins at any time.Turnkey and ready to generate income from day one. Ideal for investors, vacation home buyers, or anyone looking for a property in the heart of South Beach with unbeatable short-term rental potential. No washer/dryer inside the unit.

General Property Information

Unit Floor #: 3
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 480
Living Area Main: 480
Adjusted Area Main: 480
Year Built: 1964
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 5

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Elevator; Internet; Pool Service; Sewer; Trash; Water Flooring: Laminate Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Architectural Style: Other Construction Materials: Concrete Block - No Stucco Cooling: Central Air Association Type: Condominium; Other Type of Association Heating: None Interior Features: Elevator Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Before Closing; Close Of Escrow Security Features: Closed Circuit Camera(s); Fire Alarm; Key Card Entry; Other Special Information: Sold As-Is Tax Information: City/County View: Other Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 300000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1024
Street Name: Ocean
Street Suffix: Drive
Unit Number: A305
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5014
Postal Zip: 33139
Subdivision Name: THE STRAND ON OCEAN DRIVE
Area: 2420
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Special Assessment YN: No
Parcel Number: 0242033020180
Subdivision Number: 302
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 1824
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 6408
Tax Year: 2025
Tax Legal Description: THE STRAND ON OCEAN DRIVE CONDO UNIT A305 BLDG 1024 UNDIV 0.886769820% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 24396-1015 08 2005 1

Status Change Information

Major Change Timestamp: 2026-06-18T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-29

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes
Short Term Rentals Allowed: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Price Calculations

Current Price To SqFt: 625

Section Details

Parcel Number MLX: 0180

Originating Details

Originating System Key: 519267363
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Elevator(s): Yes
Pool: Yes
Trash Chute: Yes

Association Fee Includes

Elevator: Yes
Internet: Yes
Pool Service: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Flooring

Laminate: Yes

Possession

Before Closing: Yes
Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

View

Other: Yes

Heating

None: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Concrete Block - No Stucco: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Closed Circuit Camera(s): Yes
Fire Alarm: Yes
Key Card Entry: Yes
Other: Yes

Architectural Style

Other: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes
Other Type of Association: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Showing Service: Yes

Master Bedroom/Bath

Separate Tub: Yes

Pets Allowed YN

No: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes