Hotel/Motel

1024 Ocean Dr # A305

Miami Beach, FL 33139

$300,000

Baths: 1
Sq ft: 480
Year built: 1964
Price per sq ft: $625

Listing courtesy of Cristina Verrocchio, EXP Realty LLC

About this home

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.

Details

Property

Type: Hotel/Motel
Building: Condo 5+ Stories
Year built: 1964
Stories: 5
Building name: THE STRAND ON OCEAN DRIVE
Subdivision: THE STRAND ON OCEAN DRIVE
County: Miami-Dade County
View: Other View
Flood zone: AE

Interior

Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Cooling: Central Air
Features: Elevator

Exterior and parking

Exterior: Open Balcony
Patio and porch: Open Balcony
Construction: Concrete Block With Brick

Community and fees

Association fee: $1,824 monthly
Amenities: Elevator(s), Pool, Trash Chute
Maintenance includes: Elevator, Internet/WiFi, Pool Service, Sewer, Trash Removal, Water
Security: Fire Alarm, Card Entry, TV Camera
Pets: No
Annual taxes: $6,408
Terms: All Cash, Conventional
Minimum lease (days): 1

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated June 30, 2026.