The Strand On Ocean Drive Unit D204 For Sale
Property Details
| Asking Price | $285,000 |
|---|---|
| Price per SqFt | $584 |
| Maintenance Fee | $1,618 Monthly |
| Property Taxes | $5,674 2025 |
| Interior Space | 488 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1934 |
| MLS # | A12075521 |
Location
From the listing
Exceptional opportunity to own a short-term vacation rental in the heart of South Beach, ideally located on iconic Ocean Drive at the corner of 11th Street. Currently professionally managed as a vacation rental, the property offers flexibility as both an investment and a personal getaway. Owners and guests enjoy access to a rooftop pool and bar, along with convenient front desk services located next door at The Strand. Step outside and experience the very best of South Beach, directly across from the beach and Lummus Park, next door to the world-famous former Versace Mansion, and just steps from Palace Bar & Restaurant, one of Ocean Drive’s best-known dining and entertainmentdestinations. Unit is being completely repainted. New photos will be updated as soon as unit is finished being repainted. Walk thru video is available. A unique additional opportunity: Unit D206, located directly next to D204, is also being offered for sale. The two units are side-by-side,providing the opportunity to purchase one or both adjacent residences, an attractive option for investors, extended families, or buyers seeking additional vacation-rental flexibility.With its prime location, short-term rental flexibility, and the unmistakable energy of Ocean Drive, this is a unique opportunity to own in one of South Beach’s most recognizable locations.
Listed by One Sotheby's International Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,618 a month; taxes $5,674 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Strand On Ocean Drive Unit D204
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10906713 | $330,000 | 1/15/21 |
| A10598794 | $290,000 | 4/23/19 |
| A1668906 | $185,000 | 10/24/12 |
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 (D204) is asking $584/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 One Sotheby's International Realty. 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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The Strand On Ocean Drive Unit D204, 1060 Ocean Dr · MLS A12075521 · $285,000
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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 D204 asks $584 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.