Hotel/Motel
1024 Ocean Dr # A305
1024 Ocean Dr # A305, Miami Beach FL 33139
$300,000
0 Beds · 1 Bath · 480 SqFt
See estimated monthly costThis listing is courtesy of EXP Realty LLC. Cristina Verrocchio
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 480
- Full bathrooms
- 1
- Elevator
Building & exterior
- Year built
- 1964
- Other View
- Other
- Open Balcony
- None
HOA (homeowners association)
- Association fee
- $1,824 per month
- Pets allowed
- No
- Elevator(s)
- Pool
- Trash Chute
- Daily Rentals Allowed
- Ok To Lease
- No
Taxes
- Annual tax
- $6,408
- Tax year
- 2025
- Parcel number
- 02-42-03-302-0180
Assigned schools
- Middle
- Nautilus
- High
- Miami Beach
Listing
- MLS number
- A12045374
- Property type
- Hotel/Motel
- Price per SqFt
- $625
- Subdivision
- THE STRAND ON OCEAN DRIVE
- On market since
- Jun 18, 2026
- Days on market
- 12
Estimated monthly cost
$4,100 per month
- Principal & interest (30 yr)
- $1,517
- Property tax
- $534
- Insurance (estimated)
- $225
- Association fee
- $1,824
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Miami Beach Fienberg/Fisher K-8 Center
- Miami Beach Adult & Community Education Center
- BaseCamp 305 Jr
- Lubavitch Educational Center - Yeshiva Gedolah
- Miami Beach South Pointe Elementary
- South Pointe Elementary School
- Lincoln-Marti Community Agency 41
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