1024 Ocean Dr #A202, Miami Beach, FL 33139
Local realty services provided by:Better Homes and Gardens Real Estate Destinations



Listed by:irina dyagleva
Office:vera realty llc.
MLS#:A11824939
Source:SEFMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$610.47
- Monthly HOA dues:$1,730
About this home
Spacious renovated studio with a balcony in a popular South Beach condo-hotel. Fully licensed for short-term Airbnb rentals. Features a rooftop pool and the famous Palace Bar on the ground floor. Fully renovated in 2023 with new flooring, paint, furniture, doors, and a NEW AC unit. Sold furnished with proven 9 - years rental history. 2024 gross income - $80,000 and 80% occupancy through the year. No hotel program—owners can rent on their own or through any third-party manager. HOA includes all utilities: electricity, water, sewer, internet, TV, and front desk service. Option to continue with the current professional management or choose your own. Strong bookings and high ROI. Turnkey investment with income potential from day one.
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Home facts
- Year built:1964
- Listing Id #:A11824939
- Updated:August 15, 2025 at 09:48 AM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Living area:516 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1964
- Building area:516 sq. ft.
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$610.47
- Tax amount:$5,381 (2024)
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