Own South Beach

The Strand on Ocean Drive

1024 Ocean Dr · Built 1964 · 5 floors

8 for sale
For sale
8
0 pending · 96.0 mo supply
Median asking
$308K
from $250K
Median $/sqft
$806/sqft
$755/sqft sold, 12 mo
Days on market
85
153 to sell · 1 in 12 mo

2 of 8 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

The Strand on Ocean Drive
Listing photo · courtesy of Lokation · MLS #A11901705

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.

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
47
/ 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.

Value38
$806/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity20
96.0 months of supply · 85 days on market
Health90
No verified records yet — listing signals only
Waterfront55
Not waterfront
Age0
Built 1964
own.miami Condo Index
109100 = the median Miami condo, by price and liquidity.
Rank
#253 of 597 tracked Miami condos
Top 42% by price & liquidity
#50 of 86 in South Beach
Momentum
→ Steady
$806/sqft median ask
Liquidity
Slow
See the full Condo Index →
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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.

$562$678$794Sep 2025Oct 2025Nov 2025Mar 2026May 2026Jun 2026

Location

Nearby buildings within half a mile.

Building facts

Address
1024 Ocean Dr
Year built
1964
Floors
5
Waterfront
No

Amenities

  • · Rooftop pool
  • · Front desk attendant
  • · Valet parking
  • · Bar

Building rules

Parking
valet parking

Special assessments & recertification outlook

Elevated
  • 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.

Frequently asked

How much do condos at The Strand on Ocean Drive cost?+

There are 8 condos for sale at The Strand on Ocean Drive, from $250,000, with a median asking price of $307,500 ($806/sqft).

Is The Strand on Ocean Drive a good time to buy?+

The Strand on Ocean Drive currently has about 96.0 months of supply — a buyer-friendly pace with more negotiating room.

How much are the HOA fees at The Strand on Ocean Drive?+

HOA / maintenance fees at The Strand on Ocean Drive run around $1,554 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.

Is The Strand on Ocean Drive a waterfront building?+

The Strand on Ocean Drive is not directly on the water.

When was The Strand on Ocean Drive built?+

The Strand on Ocean Drive was built in 1964, 5 stories.

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