$270,000
SOLD JUN 30, 2025
1 Bed
1 Bath
447 Sq Ft
$1,417/mo HOA Fee

Recently Sold

$604 Per Sq Ft

15% Below List Price

129 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Card or Code Access
  • Furnished
  • Views
  • 2-minute walk to Lummus Park

About This Home

As of June 2025

Prime investment opportunity just steps from the beach and ocean! This short-term rental-friendly property allows Airbnb with no restrictions and no hotel program—you can manage it yourself or hire any third-party company. Front desk check-in service is included in the maintenance fee, with no extra charges to guests. Boasting an 85% average occupancy year-round, it’s a hassle-free, high-return investment. Fully furnished and licensed for vacation rentals, with a rooftop pool and all utilities included. Unique design upgrades can increase returns even further.

Last Agent to Sell the Property

Irina Dyagleva

Vera Realty LLC License #3265193 Listed on: 02/09/2025

Vera Realty LLC

Last Buyer's Agent

Anna Myakshina

Keller Williams Realty Miami Beach License #3328821

Keller Williams Realty Miami Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,916

Year Built

  • Built in 1936

HOA Fees

  • $1,417 Monthly HOA Fees

Home Design

  • Condo Hotel

Interior Spaces

  • 447 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0360

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,916

Year Built

Built in 1936

Lot Details

0

HOA Fees

$1,417 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE STRAND ON OCEAN DRIVE
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Furnished
  • Living Area: 447
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Strand on Ocean drive
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Card Entry

Condo/Co-op/Association

  • Association Fee: 1417
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-302-0360

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2025
Closed on
Jun 30, 2025
Sold by
1036 Ocean Invest Llc
Bought by
Sunkissed Ventures Llc
Seller's Agent
Irina Dyagleva
Vera Realty LLC
Buyer's Agent
Anna Myakshina
Keller Williams Realty Miami Beach
List Price
$319,000
Sold Price
$270,000
Premium/Discount to List
-$49,000
-15.36%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
357.57%

Purchase Details

Listed on
Dec 13, 2020
Closed on
Jan 15, 2021
Sold by
Mcalpin Fred
Bought by
1036 Ocean Invest Llc
Seller's Agent
Brook Tzivya
Keller Williams Elite Properties
Buyer's Agent
Irina Dyagleva
Vera Realty LLC
List Price
$255,000
Sold Price
$243,000
Premium/Discount to List
-$12,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Oct 28, 2005
Sold by
Ocean Blvd Llc
Bought by
Mcalpin Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,520
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,000 Clear Title
Warranty Deed $270,000 Clear Title
Warranty Deed $243,000 Clear Title
Special Warranty Deed $281,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,520 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $270,000 -12.6% $604 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
04/14/2025 04/14/25 Price Changed $309,000 -0.3% $691 / Sq Ft
04/07/2025 04/07/25 Price Changed $310,000 -1.6% $694 / Sq Ft
04/02/2025 04/02/25 Price Changed $315,000 -0.6% $705 / Sq Ft
03/20/2025 03/20/25 Price Changed $317,000 -0.6% $709 / Sq Ft
02/09/2025 02/09/25 For Sale $319,000 +31.3% $714 / Sq Ft
01/19/2021 01/19/21 Sold $243,000 -4.7% $544 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $255,000 -- $570 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $4,916 $278,534 -- --
2024 $4,709 $253,213 -- --
2023 $4,709 $230,194 $0 $0
2022 $3,932 $209,268 $0 $0
2021 $4,041 $209,268 $0 $0
2020 $4,604 $237,804 $0 $0
2019 $4,611 $250,320 $0 $0
2018 $4,326 $266,412 $0 $0
2017 $3,917 $190,668 $0 $0
2016 $3,980 $173,335 $0 $0
2015 $3,879 $157,578 $0 $0
2014 $3,550 $143,253 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11741683

MIAMI REALTORS® MLS

APN: 02-4203-302-0360