$390,000
$67K PRICE DROP

1052 Ocean Dr Unit C203 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated payment $4,056/month

Total Views 12,076
1 Bed
1 Bath
475 Sq Ft
$821 Price per Sq Ft

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Furnished
  • Sitting Area In Primary Bedroom
  • Garden View
  • 2-minute walk to Lummus Park

About This Home

BUILT IN 2005. Experience the best of Ocean Drive in this spacious unit at The Strand, a prime short-term rental opportunity with no rental restrictions! This modern, fully furnished unit has a balcony to enjoy the ocean breeze. Enjoy the rooftop pool with stunning ocean and city skyline views. The property is privately managed; you can opt into the hotel program for added convenience. The front desk provides check-in/check-out services at no charge, ensuring a smooth experience for owners and guests. The maintenance fee covers the A/C, electricity, cable TV, and internet, offering worry-free ownership. Located directly across from the world-famous beach and Lummus Park, this unit is fully licensed for vacation rentals. A rare find in the heart of South Beach and a return on investment!

Listing Agent

Silvia Icaza

BHHS EWM Realty License #3072092 Listed on: 03/09/2025

BHHS EWM Realty

Co-Listing Agent

Daniel Arteaga

BHHS EWM Realty License #3409312

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $1,556 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 475 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Blinds
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Sitting Area In Primary Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Home Security

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0560

Community Details

Overview

  • The Strand On Ocean Drive Condos
  • The Strand On Ocean Drive Subdivision

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Walled
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,445

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,556 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Ownership: Corporation
  • Property Sub Type: Condominium
  • Co List Office Mls Id: EWM 41
  • Co List Office Phone: 305-937-2003
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE STRAND ON OCEAN DRIVE
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Volume Ceilings
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile, Vinyl
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 475
  • Stories: 2
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Tub, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • 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
  • Open Parking: Yes
  • Parking Features: Other, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Walled

Condo/Co-op/Association

  • Association Fee: 1556
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-302-0560

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5445

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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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 $5,445 $313,500 -- --
2024 $5,430 $289,750 -- --
2023 $5,430 $287,375 $0 $0
2022 $5,186 $275,984 $0 $0
2021 $5,075 $262,841 $0 $0
2020 $4,846 $250,325 $0 $0
2019 $4,851 $250,325 $0 $0
2018 $5,011 $266,475 $0 $0
2017 $4,927 $254,225 $0 $0
2016 $5,093 $231,114 $0 $0
2015 $4,950 $210,104 $0 $0
2014 $4,441 $191,004 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2025 09/03/25 Price Changed $390,000 -14.7% $821 / Sq Ft
03/09/2025 03/09/25 For Sale $457,000 +60.4% $962 / Sq Ft
07/20/2018 07/20/18 Sold $285,000 -4.7% $600 / Sq Ft View Prior Sale
07/03/2018 07/03/18 Pending -- -- --
10/12/2017 10/12/17 Price Changed $299,000 -6.3% $629 / Sq Ft
08/21/2017 08/21/17 For Sale $319,000 -- $672 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Attorney
Special Warranty Deed $355,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $266,250 Fannie Mae Freddie Mac
Source: Public Records

About the Listing Agent

Silvia Icaza
Silvia Icaza

BHHS EWM Realty

(786) 982-8423

Section Image

I began my Real Estate career in 2004. I have specialized in REO and Foreclosure properties, as well as Condo conversions in both Broward and Miami Dade Counties. My extensive knowledge of the current market allows me to provide an excellent customer service. I work to analyze problems and provide solutions for my customers; my clients always come first.
I have also worked in operations in the hospitality industry, which provided my base for an excellent customer service. I’m fluent in

View Silvia's Profile

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Source: MIAMI REALTORS® MLS

MLS Number: A11759641

MIAMI REALTORS® MLS

APN: 02-4203-302-0560

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1052 Ocean Dr Unit C203, Miami Beach, FL

For Sale

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Silvia Icaza
Silvia Icaza
Listing Agent Section Image
BHHS EWM Realty
(786) 982-8423