$342,500

Estimated payment $3,727/month

1 Bed
1 Bath
410 Sq Ft
$835 Price per Sq Ft

Highlights

  • Ocean View
  • Waterfront
  • Community Pool
  • Property has ocean access
  • Deck
  • 2-minute walk to Lummus Park

About This Home

Turnkey, furnished 1BR condo in a boutique Art Deco hotel on iconic Ocean Drive with direct East and South ocean views...including the Versace Mansion! Features a kitchenette, rooftop pool and bar with panoramic views, and allows daily rentals, ideal for personal use or as a high-income investment. Best-priced unit in the building, steps from the beach, restaurants, and nightlife. Enroll in the hotel program or rent independently for maximum profits!

Listing Agent

Anat Thaller

LoKation License #3289569 Listed on: 08/15/2025

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,756

Year Built

  • Built in 1934

HOA Fees

  • $1,465 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Concrete Block With Brick

Interior Spaces

  • 410 Sq Ft Home
  • 3-Story Property
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Property has ocean access
  • Deck

Schools

  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Waterfront
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0870

Community Details

Overview

  • The Strand Condos
  • The Strand On Ocean Drive Subdivision

Amenities

  • Lobby
  • Secure Lobby
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,756

Year Built

Built in 1934

Lot Details

0

HOA Fees

$1,465 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1934
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • 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, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry, Elevator, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 410
  • Other Equipment: Elevator
  • Stories: 3
  • Bedroom Features: Entry Level, Other

Exterior Features

  • View: Ocean View, Other View, Water View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block With Brick, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE STRAND
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Card Entry, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 1465
  • Amenities: Elevator(s), Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Other

Schools

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

Lot Info

  • Parcel Number: 02-42-03-302-0870

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4756

Map

Range of Values:

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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 $4,756 $275,335 -- --
2024 $4,300 $250,305 -- --
2023 $4,300 $227,550 $0 $0
2022 $4,278 $227,673 $0 $0
2021 $4,396 $227,673 $0 $0
2020 $4,408 $227,673 $0 $0
2019 $4,902 $252,970 $0 $0
2018 $5,058 $268,960 $0 $0
2017 $5,122 $268,960 $0 $0
2016 $4,579 $235,750 $0 $0
2015 $4,414 $214,738 $0 $0
2014 $4,044 $195,217 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $342,500 -0.7% $835 / Sq Ft
07/28/2016 07/28/16 Sold $345,000 -1.1% $841 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $349,000 -5.4% $851 / Sq Ft
02/25/2016 02/25/16 For Sale $369,000 -- $900 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $345,000 Attorney
Special Warranty Deed $375,900 First American Title Ins Co
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11857415

MIAMI REALTORS® MLS

APN: 02-4203-302-0870