1024 Ocean Dr #A202
0 bd · 1 ba · 516 sqft · The Strand on Ocean Drive · South Beach
Sold Sep 12, 2025
- Status
- Sold
- Price per sqft
- $601/sqft
- HOA
- $1,730/mo
- Year built
- 1964
- Floor
- 2
- Parking
- 0
- Furnished
- Furnished
- View
- Other View
- Waterfront
- No
- Days on market
- 47
- Listed
- Jun 18, 2025
- Sold
- Sep 12, 2025
- MLS #
- A11824939
About this unit
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.
Listing courtesy of Vera Realty LLC — Irina Dyagleva (Lic. #3265193) · MLS #A11824939 · Updated Sep 15, 2025
Neighborhood & lifestyle
What's around this home in South Beach — transit, parks, dining and landmarks within reach.
