Movoto Real Estate
Sold on 08/04/2025
  • Exterior
  • Bedroom
  • Bath
  • Kitchen
  • Other
  • View/Area

1024 Ocean Dr #A202, Miami Beach, FL 33139

  • $310,000

    Last sold 08/04/2025 after 276 Days

  • bed

  • 1

    bath

  • 516

    Sqft ($601/Sqft)

Condominium not for sale
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About 1024 Ocean Dr #A202

Property type Condominium
Neighborhood
Year built 1964
HOA fee $1,730/month
Rental estimate
Property 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.
Listed by
Listing Agent - Irina Dyagleva
Listing Office - Vera Realty LLC
Source: SEFMLS mls logo
MLS#A11824939 • last updated 7 months ago
Movoto checked SEFMLS for data 11 minutes ago
Overview
Cooling/AC Central Air
Heating Other
Levels/Style 4, Other
Type Residential
SubType Condominium
Status Active
MLS # A11824939
SqFt 516
Property Tax 5381
Year Built 1964
HOA Fee 1730, Monthly
Interior
# Full Baths 1
Total # of Baths 1
Flooring Laminate
Exterior
Exterior Other
Parking Desc None
Exterior Features Balcony
Amenities / Utilities
Pets Allowed No
Pool Desc Association
Location
View Other
Subdivision THE STRAND ON OCEAN DRIVE
Area/ Subdivision 42
APN 02-42-03-302-0050
Lot/ Land Details
  • Sep 2025
    mls logo MLS # A11824939
  • Sep 12, 2025 Sold
    $310,000 (-1.6%)
  • Aug 4, 2025 Pending
  • Jun 18, 2025 Listed
    $315,000 (+21.2%)
  • Oct 2016
    mls logo MLS # A10110572
  • Oct 4, 2016 Sold
    $260,000 (-8.7%)
  • Jul 7, 2016 Listed
  • Jun 2016
    mls logo MLS # A2141879
  • Jun 27, 2016 Expired
  • May 6, 2016 Price Change
    $284,900 (-5.0%)
  • Jul 7, 2015 Price Change
    $299,900 (-18.9%)
  • Jun 26, 2015 Listed
  • Dec 2014
    mls logo MLS # AX-1974455
  • Dec 7, 2014 Expired
  • Jul 6, 2014 Listed
    $399,000 (-13.3%)
  • Dec 2014
    mls logo MLS # A1974455
  • Dec 7, 2014 Expired
  • Nov 21, 2014 Price Change
    $369,900 (-7.3%)
  • Jul 6, 2014 Listed
  • Nov 2007
    mls logo MLS # MX-1195818
  • Nov 28, 2007 Listed
    $460,000

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Nearby homes for sale in Miami Beach, FL

  • Real Estate
  • FL
  • Miami-dade County
  • Miami Beach
  • 33139
  • Flamingo-Lummus
  • 1024 Ocean Dr #A202
We are not permitted to show value estimates for this property.

Nearby recently sold homes in Miami Beach, FL

  • 1024 Ocean Dr #A202
    $310K
  • Flamingo-Lummus
    $295K -4% y/y
  • 33139
    $515K -2% y/y
  • Miami Beach
    $659K -1% y/y
No chart available
Statistics calculated by Movoto
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