$550,000

Estimated payment $5,518/month

Total Views 56,042
-- Bed
1 Bath
594 Sq Ft
$926 Price per Sq Ft

Highlights

  • Ocean Front
  • Heated Community Pool
  • Cooling Available
  • Bar or Lounge
  • Balcony
  • 2-minute walk to Lummus Park

About This Home

Beautiful oceanfront condo-hotel offering the ultimate South Beach experience. This unit features direct ocean views and is perfectly situated in the heart of the iconic Art Deco District, steps from the beach, restaurants, and nightlife. Daily rentals are allowed, and there’s no mandatory hotel program, giving owners full flexibility to self-manage or rent through any platform. Enjoy modern interiors, natural light, and the vibrant energy of Ocean Drive right outside your door. Ideal for investors or as a personal vacation getaway — own a piece of Miami Beach paradise with unbeatable income potential and an unobstructed view of the Atlantic Ocean.

Listing Agent

Anna Lunicheva

Lokation Brokerage Phone: 754-232-4458 License #3405178 Listed on: 10/23/2025

Lokation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 1964

HOA Fees

  • $2,035 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 3rd floor

Interior Spaces

  • 594 Sq Ft Home
  • Blinds
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0020

Community Details

Overview

  • The Strand On Ocean Drive Condos
  • The Strand On Ocean Drive Subdivision
  • 5-Story Property

Recreation

  • Heated Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Bar or Lounge
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,139

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$2,035 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: None,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE STRAND ON OCEAN DRIVE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: 754-232-4458
  • CurrentPrice: 550000
  • InternetRemarks: condo-hotel. direct ocean views. Daily rentals allowed. Ideal for investors.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Living Area: 594
  • Stories: 5
  • Window Features: Blinds
  • Bedroom Features: Studio
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE STRAND ON OCEAN DRIVE
  • Parking Features: None

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Card Entry

Condo/Co-op/Association

  • Association Fee: 2035
  • Amenities: Bar, Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-302-0020

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6139

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,139 $344,520
2024 $6,957 $326,700
2023 $6,957 $332,200 $0 $0
2022 $7,587 $397,463 $0 $0
2021 $6,977 $361,330 $0 $0
2020 $7,203 $392,753 $0 $0
2019 $6,342 $327,294 $0 $0
2018 $6,545 $348,084 $0 $0
2017 $6,312 $331,452 $0 $0
2016 $8,654 $445,500 $0 $0
2015 $8,502 $418,914 $0 $0
2014 $8,253 $380,831 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2026 02/17/26 Price Changed $550,000 +4.8% $926 / Sq Ft
02/09/2026 02/09/26 Price Changed $525,000 -4.5% $884 / Sq Ft
10/23/2025 10/23/25 For Sale $550,000 +38.2% $926 / Sq Ft
04/16/2015 04/16/15 Sold $398,000 -3.5% $670 / Sq Ft View Prior Sale
03/12/2015 03/12/15 Pending -- -- --
02/07/2015 02/07/15 For Sale $412,500 -- $694 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $398,000 First International Title
Trustee Deed $335,100 None Available
Special Warranty Deed $704,900 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $299,650 Adjustable Rate Mortgage/ARM
Previous Owner $528,675 Fannie Mae Freddie Mac
Source: Public Records

About the Listing Agent

Anna Lunicheva

Lokation

(786) 982-6551

Section Image

Anna Lunicheva | South Florida Real Estate Expert

Florida has become one of the most desirable places in the country to live, invest, and build long-term wealth through homeownership. As a dedicated REALTOR® with LoKation Real Estate, Anna Lunicheva helps buyers, sellers, and investors navigate the South Florida market with confidence.

Specializing in residential, luxury, waterfront, investment, and new construction properties throughout Broward and Miami-Dade Counties, Anna is

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Source: MIAMI REALTORS® MLS

MLS Number: A11901705

MIAMI REALTORS® MLS

APN: 02-4203-302-0020

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