1024 Ocean Dr #A202, Miami Beach, FL 33139

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1024 Ocean Dr #A202,Miami Beach, FL 33139
$315,000
  • - Beds
  • 1 Baths
  • 516 sq. ft.
  • Condominium
  • Active
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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