Miami Art Week 2026Upcoming
11 exhibitions within 1 mile
Art Week Score 70 · #38 in South Beach
#38 in South Beach · #38 in Miami
Nearest: Modern Design Across Borders, 0.1 mi away
For sale
9
0 pending · 108.0 mo supply
Median asking
$295K
from $250K
Median $/sqft
$747/sqft
$755/sqft sold, 12 mo
Days on market
228
153 to sell · 1 in 12 mo
1 of 9 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Located on iconic Ocean Drive, the building is situated in the heart of the Art Deco District. It offers a setting that balances convenience with proximity to the beach, local dining, and entertainment.
The property features a rooftop pool and bar, along with front desk service and valet parking. The building is positioned to provide views of the Atlantic Ocean and Lummus Park.
Live near more of Miami
What surrounds The Strand on Ocean Drive: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
51 / 100
Nearest Publix: Publix at Fifth & Alton, 0.7 mi
#115 in South Beach · #411 in Miami
Within a mile. The city planners knew.
3 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
48
/ 100
B−
own.miami Score
A data-grounded score for The Strand on Ocean Drive from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value41
$747/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity4
108.0 months of supply · 228 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age10
Built 1964 — vs. South Beach buildings
own.miami Condo Index
106At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#304 of 698 tracked Miami condos
Top 44% by price per sq ft
#58 of 121 in South Beach
Momentum
→ Steady
$747/sqft median ask
Liquidity
Slow
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Inventory
Sold $/sqft trend
3-month rolling median of closed sales in The Strand on Ocean Drive; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 1024 Ocean Dr
- Year built
- 1964
- Floors
- 5
- Developer
- Ocean Blvd LLC
- Waterfront
- No
Amenities
- · Rooftop pool
- · Front desk attendant
- · Valet parking
- · Bar
Building rules
- Parking
- valet parking
Special assessments & recertification outlook
ElevatedPublic records checked Oct 28, 2026: no liens, lawsuits or regulatory complaints found for the association.
- Built 1964 — a recurring structural milestone inspection is due around 2029
Estimated from The Strand on Ocean Drive’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about The Strand on Ocean Drive: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 3
- 2 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 10%
- 10 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 2Private lenders 1
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 7.0 ft
- Lowest nearby street
- 4.7 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 3.7 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR70027 · Approved,Non-Jurisdictional. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at The Strand on Ocean Drive cost?+
There are 9 condos for sale at The Strand on Ocean Drive, from $250,000, with a median asking price of $295,000 ($747/sqft).
How much are the HOA fees at The Strand on Ocean Drive?+
HOA / maintenance fees at The Strand on Ocean Drive run around $1,377 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
When was The Strand on Ocean Drive built?+
The Strand on Ocean Drive was built in 1964, 5 stories.
Who developed The Strand on Ocean Drive?+
The Strand on Ocean Drive was developed by Ocean Blvd LLC.
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