$290,000

Original list price: $297,000

Sold

1052 Oc••••• Dr Unit C203 (Sign up for 50 free credits to unlock)Miami Beach, FL 33139

1Beds
1Baths
475Sq Ft Living
-Sq Ft Lot
2005Year Built

Property Description

NOW OFFERED AT $297,000 - SOUTH BEACH'S BEST VALUE ON OCEAN DRIVE! Rare opportunity to own a fully furnished, licensed vacation rental with no rental restrictions at The Strand on Ocean Drive. Built in 2005, this spacious 475 SF residence is one of the larger floor plans in the building and among the best values currently available on Ocean Drive. Enjoy a private balcony, rooftop pool with panoramic ocean and city views, and the flexibility to self-manage or participate in the hotel program. The front desk provides complimentary guest check-in and check-out services, making ownership effortless. Monthly maintenance includes A/C, electricity, cable TV, and internet, providing exceptional value and simplified ownership. Located directly across from Lummus Park and the world-famous beach, this property offers the ultimate combination of lifestyle, location, and investment potential. Whether you're looking for a South Beach getaway, income-producing vacation rental, or long-term investment, opportunities like this under $300,000 on Ocean Drive are increasingly rare. Aggressively priced for immediate attention. Easy to show.

Property Facts & Features

Property Type
Condos
Status
Closed
Listed
Jun 8, 2026
Sold
Oct 13, 2026
List Price
$297,000
Price per Sq Ft
$611/sqft
ZIP Code
33139
Full Baths
1
Parking
OnStreet
Heating
Central
Cooling
CentralAir
Construction
CBSConcreteBlockStructure, Block
HOA Fee
$1,556/mo
Property Tax (2025)
$5,881/yr
Assessed Value
$313,500
Neighborhood
Flamingo-Lummus
County
Miami-Dade
School District
Miami-Dade County Public Schools
Cats
Allowed
Dogs
Allowed

Estimated Value

$294,000Range $238,100 to $349,900

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

  • Bedrooms: 1

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Land Info

  • Lot Description: FloodZone

Utilities

  • CableAvailable

Appliances

  • Dishwasher
  • ElectricRange
  • Microwave
  • Refrigerator

Rental Info

  • Lease Considered: Yes

Pool and Spa

  • Pool Features: Association

Home Features

  • View: Garden
  • Security Features: KeyCardEntry, SmokeDetectors

Interior Features

  • BedroomOnMainLevel
  • Bathtub
  • HighCeilings
  • LivingDiningRoom
  • MainLivingAreaEntryLevel
  • SittingAreaInPrimary
  • TubShower
  • Furnished: Yes
  • Flooring: Tile, Vinyl
  • Window Features: Blinds, ImpactGlass

Garage and Parking

  • Parking Features: OnStreet

Heating and Cooling

  • Cooling Features: CentralAir
  • Heating Features: Central
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 5881
  • Source Listing Status: Closed
  • County: Miami-Dade
  • Tax Year: 2025
  • Ownership: Corporation
  • Possible Use: Investment
  • Area: 42
  • Property Subtype: condo
  • Source Neighborhood: THE STRAND ON OCEAN DRIVE
  • Parcel Number: 02-42-03-302-0560
  • Postal City: Miami Beach
  • Postal Code Plus 4: 5014
  • Public Survey Range: 42
  • Public Survey Section: 3
  • Public Survey Township: 2
  • Subdivision: THE STRAND ON OCEAN DRIVE
  • Property Subtype: Condominium

Homeowners Association

  • Association: Yes
  • Association Amenities: Pool
  • Association Fee: 1556
  • Association Fee Frequency: Monthly
  • Association Fee Includes: AssociationManagement, Amenities, CableTv, Electricity, HotWater, Insurance, Internet, Roof, Sewer, Water
  • Calculated Total Monthly Association Fees: 1556
  • Pets Allowed: Conditional, Yes
  • Senior Community: No

Building and Construction

  • Total Square Feet Living: 475
  • Year Built: 2005
  • Building Area Total: 475
  • Construction Materials: CBSConcreteBlockStructure, Block
  • Direction Faces: Southeast
  • Entry Level: 2
  • Entry Location: 2
  • Living Area Source: Plans
  • Property Age: 21
  • Property Attached: Yes
  • Building Total Stories: 2
  • Year Built Details: Resale

Exterior and Lot Features

  • Balcony
  • SecurityHighImpactDoors
  • Fencing: Wall
  • Patio And Porch Features: Balcony, Open

Waterfront and Water Access

  • OceanFront

Price & Event History

DateEventPrice$/Sq Ft
Oct 13, 2026Sold$290,000$611
Oct 5, 2026Listing removed--
Sep 20, 2026Listed for rent$2,500$5
Aug 27, 2026Listing removed--
Aug 26, 2026Listed for rent$2,500$5
Aug 1, 2026Listing removed--
Jun 8, 2026Listed$297,000$625
Jun 3, 2026Listing removed--
May 18, 2026Listed for rent$2,500$5
Mar 30, 2026Price Changed$327,000$688
Jan 5, 2026Price Changed$369,000$777
Sep 2, 2025Price Changed$390,000$821
Mar 8, 2025Listed$457,000$962
Jul 19, 2018Sold$285,000$600
Oct 11, 2017Price Changed$299,000$629
Aug 29, 2017Listed$319,000$672
Nov 2, 2016Listing removed$285,000$600
Oct 22, 2014Listing removed$285,000$600
Aug 19, 2014Listed$285,000$600
Jul 22, 2014Listed$285,000$600
Jun 16, 2014Listing removed$230,000$484
Jun 19, 2013Listed$230,000$484
Dec 29, 2005Sold$355,000$747

Property Tax History

YearTaxAssessedLandBuildingMarket
2025$5,881$313,500-$313,500$313,500
2024$5,444$313,500-$313,500$313,500
2023$5,430$287,375-$287,375$287,375
2022$5,185$275,984-$275,984$275,984
2021$5,074$262,841-$262,841$262,841
2020$4,846$250,325-$250,325$250,325
2019$4,850$250,325-$250,325$250,325
2018$5,010$266,475-$266,475$266,475
2017$4,926$266,475-$266,475$266,475
2016$5,092$231,114--$313,500
2015$4,949$210,104--$313,500
2014$4,440$191,004--$261,250

Nearby Schools

  • 5/10
    Fienberg/Fisher K-8 Center

    Public · Elementary, Middle · Grades K-8

    0.3 mi
  • 5/10
    Miami Beach Senior High School

    Public · High · Grades 9-12

    1.2 mi
  • NR
    Landow Yeshiva Center

    Private · Elementary, Middle, High · Grades K-12

    0.7 mi

Comparable Homes Nearby

$250,000

0 bd · 1 ba · 200 sqft

335 Oc••••• Dr Apt 120, 33139Sold · 0.6 mi away

Location

Lat 25.78133 · Lng -80.13069