1024 Ocean Dr

Miami Beach, FL 33139

$300,000

$625/ft²

0Beds

1Baths

480Sq ft

1964Year built

HomeType

About this home

Rare opportunity to own a beautifully renovated, fully furnished oversized studio in one of South Beach's most desirable condo-hotels. Comfortably accommodates up to 6 guests, making it an outstanding income-producing property.No rental restrictions, daily, weekly, monthly, or long-term rentals are all allowed, offering maximum flexibility and exceptional investment potential. Guests will love the prime beachfront location, the spectacular rooftop pool with breathtaking ocean views, and the convenience of a 24/7 attended lobby for seamless check-ins at any time.Turnkey and ready to generate income from day one. Ideal for investors, vacation home buyers, or anyone looking for a property in the heart of South Beach with unbeatable short-term rental potential. No washer/dryer inside the unit.

Property details

Listing

MLS #: A12045374
Status: For sale
Listed on: Jun 18, 2026
Days on market: 52 days
Listing data updated: Jun 30, 2026

Interior

Beds: 0
Baths: 1
Living area: 480 ft²
Price per ft²: $625/ft²
Unit: A305

Building & community

Type: Home
Property style: Hotel/Motel
Year built: 1964
HOA fee: $1,824/mo
County: Miami-Dade

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,517
Property taxes (est.): $275
Home insurance (est.): $317
Flood insurance (est.): —
HOA fee: $1,824

Estimated total$3,933*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?