$895,000
$100K PRICE DROP

Estimated payment $8,083/month

Total Views 1,766
2 Beds
2 Baths
729 Sq Ft
$1,228 Price per Sq Ft

Highlights

  • Doorman
  • Bar or Lounge
  • Community Pool
  • Ocean View
  • Sitting Area In Primary Bedroom
  • 2-minute walk to Lummus Park

About This Home

Own a corner oceanfront residence on iconic Ocean Drive with direct views of Lummus Park, the beach, and the Atlantic. Set in the heart of South Beach, this is a rare intersection of location, design, and performance, an already operating short-term rental, delivered fully turnkey. The layout, created by the combination of two units, offers a flexible two-bedroom configuration that adapts naturally to maximize occupancy and guest experience. Renovated with approved City of Miami Beach permits, the residence also features insulated walls and a new AC system. Maintenance includes all utilities: water, electric, cable and internet. Amenities include rooftop pool and front desk attendant.
The building offers a pool, valet parking, and attended service, completing a setting that balances convenience with the elevated expectations of Ocean Drive living. What ultimately defines the space is its presence, bold and cinematic, capturing the essence of Miami at its most iconic with a subtle Scarface-style energy that guests are drawn to and consistently return for.
Rarely available on Ocean Drive.

Listing Agent

Johanna Bassols

Oceanica Real Estate, LLC License #3198833 Listed on: 02/01/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,066

Year Built

  • Built in 1964

HOA Fees

  • $2,466 Monthly HOA Fees

Property Views

  • Ocean
  • Garden

Home Design

  • Garden Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 729 Sq Ft Home
  • 3-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0290

Community Details

Overview

  • Low-Rise Community
  • The Strand Condos
  • The Strand On Ocean Drive Subdivision

Amenities

  • Doorman
  • Bar or Lounge
  • Lobby
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,066

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$2,466 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE STRAND ON OCEAN DRIVE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 895000
  • InternetRemarks: Amazing oceanfront 2 bedroom apartment with a great view of Lummus Park, Beach, and Ocean and Ocean Drive. Short-term rental, delivered fully turnkey.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Lobby, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 729
  • Other Equipment: Elevator
  • Stories: 3
  • Bedroom Features: Primary Bath Tub, Sitting Area - Primary Bedroom

Exterior Features

  • View: Garden View, Ocean View, Water View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: the strand
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 2466
  • Amenities: Bar, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-302-0290

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10066

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $10,082 $536,544 -- --
2024 $10,139 $536,544 -- --
2023 $10,139 $536,544 $0 $0
2022 $9,440 $486,913 $0 $0
2021 $8,547 $442,649 $0 $0
2020 $9,315 $481,140 $0 $0
2019 $8,476 $437,400 $0 $0
2018 $8,746 $465,102 $0 $0
2017 $8,857 $465,102 $0 $0
2016 $10,396 $528,246 $0 $0
2015 $10,021 $480,224 $0 $0
2014 $9,748 $436,568 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2026 03/16/26 Price Changed $895,000 -10.1% $1,228 / Sq Ft
02/01/2026 02/01/26 For Sale $995,000 +42.1% $1,365 / Sq Ft
07/28/2022 07/28/22 Sold $700,000 -11.9% $960 / Sq Ft View Prior Sale
02/15/2022 02/15/22 For Sale $795,000 -- $1,091 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 New Title Company Name
Warranty Deed $700,000 New Title Company Name
Warranty Deed $425,000 Rye Title Company
Special Warranty Deed $749,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $599,920 Fannie Mae Freddie Mac
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11956741

MIAMI REALTORS® MLS

APN: 02-4203-302-0290

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