# The Strand on Ocean Drive

As of 2026-10-31, The Strand on Ocean Drive in South Beach has 9 units for sale at a median asking price of $295K ($747/sqft); 1 units sold in the last 12 months.

The Strand on Ocean Drive is a condo-hotel located in the heart of the South Beach Art Deco District.

## Key facts

| | |
|---|---|
| Address | 1024 Ocean Dr |
| Neighborhood | South Beach |
| Year built | 1964 |
| Floors | 5 |
| Waterfront | no |
| Developer | Ocean Blvd LLC |
| For sale | 9 |
| Pending | 0 |
| Median asking price | $295,000 |
| Median asking $/sqft | $747/sqft |
| Sold, last 12 months | 1 |
| Median sold $/sqft, 12 months | $755/sqft |
| Months of inventory | 108.0 |
| Median HOA | $1,377/mo |
| Parking | valet parking |

## Own Miami measures

- **own.miami Building Score: 48 (B−)**
  - Value: 41 — $747/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 4 — 108.0 months of supply · 228 days on market
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 55 — Not waterfront
  - Age: 10 — Built 1964 — vs. South Beach buildings
- **Own Miami Condo Index: 106** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 304 of 698 tracked Miami condos)
- **Financeability Index: 26** (cash; 12-month window, 3 recorded mortgages, 10% of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2029)

## Building health (verified public records)

- Public records checked 2026-10-28: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at The Strand on Ocean Drive](https://own.miami/buildings/the-strand-on-ocean-drive/for-sale)
- [The Decoplage](https://own.miami/buildings/the-decoplage)
- [South Bay Club](https://own.miami/buildings/south-bay-club)
- [The Presidential](https://own.miami/buildings/the-presidential)
- [Ocean Point](https://own.miami/buildings/ocean-point)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/the-strand-on-ocean-drive
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