The Strand On Ocean Drive Condo For Sale
1024 Ocean Dr, Unit A202, Miami Beach, FL 33139

$315,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11824939
  • Virtual Tour: YES
  • Unit Number:A202
  • List Price: $315,000
  • Living Area: 516 Ft² / 48 M²
  • Price Per Foot/Meter: $610 / $6,571
  • Full Baths:1
  • Maintenance:$1,730
  • Taxes:$5,381
  • Year Built:1964
  • Listing Date:June 18, 2025
  • Days On Market:64

Description


Spacious renovated studio with a balcony in a popular South Beach condo-hotel. Fully licensed for short-term Airbnb rentals. Features a rooftop pool and the famous Palace Bar on the ground floor. Fully renovated in 2023 with new flooring, paint, furniture, doors, and a NEW AC unit. Sold furnished with proven 9 - years rental history. 2024 gross income - $80,000 and 80% occupancy through the year. No hotel program—owners can rent on their own or through any third-party manager. HOA includes all utilities: electricity, water, sewer, internet, TV, and front desk service. Option to continue with the current professional management or choose your own. Strong bookings and high ROI. Turnkey investment with income potential from day one.

Features


  • Floor:Laminate
  • Interior Feature:Other, Bar
  • Exterior Feature:Balcony

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker