Hotel/Motel

1024 Ocean Dr # A305

1024 Ocean Dr # A305, Miami Beach FL 33139

$300,000

For Sale New — 12 days on market

0 Beds · 1 Bath · 480 SqFt

See estimated monthly cost

This 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

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Nearby schools

  • Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.37 mi
  • Miami Beach Adult & Community Education Center Public · 0 · 0.40 mi
  • BaseCamp 305 Jr Private · KG-KG · 0.63 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.66 mi
  • Miami Beach South Pointe Elementary Public · PK-5 · 0.75 mi
  • South Pointe Elementary School Private · 01-10 · 0.77 mi
  • Lincoln-Marti Community Agency 41 Private · PK-03 · 0.90 mi

Similar homes nearby

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