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Property photos —
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12075521
$285,000

↓ Price reduced $35,000 on Sep 22, 2026

1060 Ocean Drive D204, Miami Beach, FL 33139

Beds
1
Baths
1
Sqft
488
Est. payment$2,095/mo
Home type
Condominium
Year built
1934
Lot size
—
Price / sqft
$584
HOA
$0/mo
Community
THE STRAND ON OCEAN DRIVE

Property description

Exceptional opportunity to own a short-term vacation rental in the heart of South Beach, ideally located on iconic Ocean Drive at the corner of 11th Street. Currently professionally managed as a vacation rental, the property offers flexibility as both an investment and a personal getaway. Owners and guests enjoy access to a rooftop pool and bar, along with convenient front desk services located next door at The Strand. Step outside and experience the very best of South Beach, directly across from the beach and Lummus Park, next door to the world-famous former Versace Mansion, and just steps from Palace Bar & Restaurant, one of Ocean Drive’s best-known dining and entertainmentdestinations. Unit is being completely repainted. New photos will be updated as soon as unit is finished being repainted. Walk thru video is available. A unique additional opportunity: Unit D206, located directly next to D204, is also being offered for sale. The two units are side-by-side,providing the opportunity to purchase one or both adjacent residences, an attractive option for investors, extended families, or buyers seeking additional vacation-rental flexibility.With its prime location, short-term rental flexibility, and the unmistakable energy of Ocean Drive, this is a unique opportunity to own in one of South Beach’s most recognizable locations.

Listing activity

Days on market
22
Listed
Aug 31, 2026
MLS listing updated
Sep 22, 2026
Feed last checked
6 minutes ago

Listed by Sheri L Borchardt · One Sotheby's International Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Elevator, None
Flooring
Carpet, Tile
Appliances
Dishwasher, Electric Range, Microwave
Window features
Blinds, Drapes, Rods

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
On Street
Attached garage
No

Exterior

Stories
3
Building area
488 sqft
Exterior features
None
View
Other
Waterfront
None, Other
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Architectural style
Other
Year built
1934
New construction
No

Materials

Construction
CBS
Property condition
Resale
Faces
East
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
THE STRAND ON OCEAN DRIVE
MLS area
2420
Security
Closed Circuit Camera(s), Key Card Entry, Security Fence, Other
Pets allowed
Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
Pool, Elevator(s)
Services included
Elevator
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12075521
Possession
Negotiable
Original list price
$320,000
Parcel number
0242033020760
Annual property tax
$5,674
Tax year
2025
Tax legal description
THE STRAND ON OCEAN DRIVE CONDO UNIT D204 BLDG 1060 UNDIV 0.800218660% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 24228-0404 08 2005 1
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Elevator(s)
Association Fee Includes
Elevator
Association
No
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
488
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
22
Direction Faces
East
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
List Price
285000
Listing Contract Date
2026-08-31
Living Area
488
MLSArea Major
2420
Mls Status
Active
On Market Date
2026-08-31
Photos Count
26
Postal Code
33139
Price Change Timestamp
2026-09-22T18:37:36Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Closed Circuit Camera(s), Key Card Entry, Security Fence, Other
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-31T04:00:00Z
Stories Total
3
Subdivision Name
THE STRAND ON OCEAN DRIVE
Waterfront Features
None, Other
Tax Annual Amount
5674
Bathrooms Full
1
Bedrooms Total
1
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Aug 31, 2026ListedMIAMI REALTORS® MLS$320,000$656/sqft
Sep 22, 2026Price reducedMIAMI REALTORS® MLS$285,000$584/sqft

Public tax history

YearProperty taxesAssessment
2025$5,674—

Payment calculator

Estimated monthly payment$2,095/moIllustrative estimate, not a loan offer.
Principal & interest
$1,479
Property taxes
$473
Insurance
$143
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

THE STRAND ON OCEAN DRIVE

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach Fienberg / Fisher K-8Elementary
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of One Sotheby's International Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.