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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1052 Ocean Dr C203 , Miami Beach, FL 33139
$297,000
Est. Payment: $1,603.80/mo
1 Bed
1 Bath
475 Sqft
Status: Active Under Contract | Days on site: 105
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EWM 41 - 3072092
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House Description

NOW OFFERED AT $297,000 – SOUTH BEACH'S BEST VALUE ON OCEAN DRIVE! Rare opportunity to own a fully furnished, licensed vacation rental with no rental restrictions at The Strand on Ocean Drive. Built in 2005, this spacious 475 SF residence is one of the larger floor plans in the building and among the best values currently available on Ocean Drive. Enjoy a private balcony, rooftop pool with panoramic ocean and city views, and the flexibility to self-manage or participate in the hotel program. The front desk provides complimentary guest check-in and check-out services, making ownership effortless. Monthly maintenance includes A/C, electricity, cable TV, and internet, providing exceptional value and simplified ownership. Located directly across from Lummus Park and the world-famous beach, this property offers the ultimate combination of lifestyle, location, and investment potential. Whether you're looking for a South Beach getaway, income-producing vacation rental, or long-term investment, opportunities like this under $300,000 on Ocean Drive are increasingly rare. Aggressively priced for immediate attention. Easy to show.

Highlights

Listed by Silvia Icaza , 786-488-4245 BHHS EWM Realty , 305-937-2003. REALTOR Association of Greater Miami and the Beach

Property Type

Condo/Townhome

HOA Fee

1556 Monthly

Year Built

2005

County

Miami-Dade

Area

42

Neighborhood

The Strand On Ocean Drive

Listing ID

A12033672

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Electric Range, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Tile,Vinyl
Other:
  • Additional:Bedroom on Main Level, Bathtub, High Ceilings, Living/Dining Room, Main Living Area Entry Level, Sitting Area in Primary, Tub Shower, Pets Allowed

Exterior Features

Lot:Ocean Front
Others:
  • Additional:Balcony, Security/High Impact Doors
Parking Features:On Street
Principal Interest
$1,604
Taxes
$490
HOA
$1,556

Home Price

$297,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$59,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,603.80

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,603.80 $490.08 $1,556.00 $3,649.89
Yearly $19,245.64 $5,881.00 $18,672.00 $43,798.64
Total $577,369.22 $176,430.00 $560,160.00 $1,313,959.22

Today's Rates

30 Year

7.14%

20 Year

6.83%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Miami Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-23T02:44:16.000Z

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