1024 Ocean Drive A402, Miami Beach, FL 33139

New Listing

$325,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12035112

Property Type: Residential Baths: 1 Square Footage: 516 Status: Active

Current Price: $325,000 List Date: 6/10/2026 Last Modified: 6/11/2026

Overview

Description

Exceptional investment opportunity in the heart of Miami Beach. This income-producing property allows short-term rentals with convenient on-site management, making ownership effortless. Ideally located just steps from the beach and iconic Ocean Drive, residents and guests enjoy access to a rooftop pool, premium amenities, and Miami Beach’s world-renowned restaurants, shopping, and entertainment

Listing Details MLS# A12035112

General Property Information

Unit Floor #: 4
Property Sub Type: Condominium
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 516
Living Area Main: 516
Adjusted Area Main: 516
Year Built: 1964
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 5

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Cable TV; Common Areas; Internet; Sewer; Trash; Water Electric: Circuit Breakers Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: On Street Property Condition: Resale Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Electric Interior Features: Elevator Listing Terms: Cash; Conventional Other Equipment: Intercom Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Security Features: Elevator Secure; Key Card Entry Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Water Access: Deeded Beach Access; Ocean Access Water View: Ocean Waterfront Features: Ocean Front Window Features: Blinds Showing Requirements: 24 Hour Notice Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 325000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1024
Street Name: Ocean
Street Suffix: Drive
Unit Number: A402
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5014
Postal Zip: 33139
Subdivision Name: THE STRAND ON OCEAN DRIVE
Area: 2420
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Special Assessment YN: No
Parcel Number: 0242033020070
Subdivision Number: 302
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 1730
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 4942
Tax Year: 2025
Tax Legal Description: THE STRAND ON OCEAN DRIVE CONDO UNIT A402 BLDG 1024 UNDIV 0.921693980% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 23833-0518 09 2005 1

Status Change Information

Major Change Timestamp: 2026-06-10T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-10

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Price Calculations

Current Price To SqFt: 629.84

Section Details

Parcel Number MLX: 0070

Originating Details

Originating System Key: 510881786
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Elevator(s): Yes
Heated Pool: Yes
Laundry: Yes
Pool: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Internet: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Electric

Circuit Breakers: Yes

Flooring

Tile: Yes

Parking Features

On Street: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

Heating

Electric: Yes

Water Access

Deeded Beach Access: Yes
Ocean Access: Yes

Water View

Ocean: Yes

Window Features

Blinds: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

CBS: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Other Equipment

Intercom: Yes

Road Frontage Type

East of US-1: Yes

Security Features

Elevator Secure: Yes
Key Card Entry: Yes

Waterfront Features

Ocean Front: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes

Master Bedroom/Bath

Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Listing Office: Serhant

Last Updated: June - 11 - 2026

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1024 Ocean Drive A402, Miami Beach, FL 33139 (MLS# A12035112)