Unit in The Strand On Ocean Drive For Sale
Property Details
| Asking Price | $325,000 |
|---|---|
| Price per SqFt | $666 |
| Maintenance Fee | $1,618 Monthly |
| Property Taxes | $5,365 2025 |
| Interior Space | 488 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1934 |
| MLS # | A12068003 |
From the listing
Wake up to ocean breezes, step outside to the beach, and enjoy the prestige of owning an iconic piece of OCEAN DRIVE. A smart investment. A historic address. An unmatched lifestyle.Residence 304 at 1060 Ocean Drive offers an exceptional opportunity to own in the heart of Miami Beach with the flexibility of a highly desirable hotel program. This stylish unit allows owners to enjoy personal use while generating income through professionally managed short-term rentals—an ideal blend of lifestyle and investment.Residents and guests enjoy premium amenities including a rooftop pool and lounge with panoramic ocean views, fitness center, on-site dining, concierge service, and beach & Lummas Park outside your door.Perfectly positioned on iconic Ocean Drive, directly across from the beach and Lummus Park, this prime South Beach location places you moments from world-class dining, nightlife, shopping, and cultural attractions—delivering the ultimate Miami Beach experience.Enroll in the hotel program or rent independently for maximum profits!
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,618 a month; taxes $5,365 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Unit in The Strand On Ocean Drive
Sales history is unavailable for this property
What Other Units Have Been Selling For at The Strand On Ocean Drive
1 unit sold at The Strand On Ocean Drive in the last 12 months at an average of $798/SqFt · This unit is asking $666/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| D302 | $375,000$798/SqFt | 100% | 3/3/26 |
| D202 | $350,000$745/SqFt | 97% | 12/11/23 |
| D201 | $410,000$930/SqFt | 100% | 4/21/23 |
| — | $340,000$754/SqFt | 97% | 4/25/22 |
| D301 | $335,000$760/SqFt | 99% | 6/8/21 |
| D204 | $330,000$676/SqFt | 89% | 1/15/21 |
| D202 | $265,000$564/SqFt | 90% | 1/14/21 |
| D208 | $292,000$730/SqFt | 98% | 7/20/20 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Unit in The Strand On Ocean Drive · MLS A12068003 · $325,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at The Strand On Ocean Drive
At The Strand On Ocean Drive, 5 units are for sale and 1 sold in the last 12 months at an average of $798 per SqFt. Unit A12068003 asks $666 per SqFt, below the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.