Condominium

1060 Ocean Dr # D206

1060 Ocean Dr # D206, Miami Beach FL 33139

$320,000

For Sale New — listed today

1 Bed · 1 Bath · 451 SqFt

See estimated monthly cost

This listing is courtesy of One Sotheby's International Realty. Sheri Borchardt

Overview

Exceptional opportunity to own a short-term vacation rental in the heart of South Beach, ideally located on iconic Ocean Drive at the corner of 11th Street. Currently professionally managed as a vacation rental, the property offers flexibility as both an investment and a personal getaway. Owners and guests enjoy access to a rooftop pool and bar, along with convenient front desk services located next door at The Strand. Step outside and experience the very best of South Beach, directly across from the beach and Lummus Park, next door to the world-famous former Versace Mansion, and just steps from Palace Bar & Restaurant, one of Ocean Drive’s best-known dining and entertainment destinations. A unique additional opportunity: Unit D204, located directly next to D206, is also being offered for sale. The two units are side-by-side, providing the opportunity to purchase one or both adjacent residences, an attractive option for investors, extended families, or buyers seeking additional vacation-rental flexibility. With its prime location, short-term rental flexibility, and the unmistakable energy of Ocean Drive, this is a unique opportunity to own in one of South Beach’s most recognizable locations. Unit is being completely repainted. New photos will be updated as soon as unit is finished being repainted. Walk thru video is available.

Facts & features

Interior

Living area (sq ft)
451
Full bathrooms
1
  • Interior Hall
  • No Interior Features

Building & exterior

Year built
1934
Waterfront
Yes
  • Other View
  • None
  • Ocean Front
  • Other
  • On Street

HOA (homeowners association)

Association fee
$0 per month
Pets allowed
Yes
  • Elevator(s)
  • Pool
  • Ok To Lease

Taxes

Annual tax
$0
Tax year
2026
Parcel number
02-42-03-302-0800

Assigned schools

Middle
Nautilus
High
Miami Beach

Listing

MLS number
A12076468
Property type
Condominium
Price per SqFt
$710
Subdivision
THE STRAND ON OCEAN DRIVE
On market since
Aug 24, 2026
Days on market
0

Estimated monthly cost

$1,858 per month

Principal & interest (30 yr)
$1,618
Property tax
$0
Insurance (estimated)
$240

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 · 0.34 mi
  • Miami Beach Adult & Community Education Center Public · 0 · 0.37 mi
  • BaseCamp 305 Jr Private · KG-KG · 0.66 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.67 mi
  • Miami Beach South Pointe Elementary Public · PK-5 · 0.78 mi
  • South Pointe Elementary School Private · 01-10 · 0.80 mi
  • Lincoln-Marti Community Agency 41 Private · PK-03 · 0.87 mi

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