1024 Ocean Dr #A202
1024 Ocean Dr #A202 Miami Beach 331390 bedrooms | 1 bathroom | 0 half bath | 516 sqft
$315,000
Property Details
- MLS #
- A11824939
- Unit #
- A202
- Address
- 1024 OCEAN DR #A202 map
- Bedrooms
- 0
- Bathrooms
- 1
- Living Area (f2)
- 516
- Living Area (M2)
- 48
- Year Built
- 1964
- Waterfront
- Status
- Active
- Listing Type
- Condo/Townhome
- Maintenance Fee
- $1,730
- Complex
- THE STRAND ON OCEAN DRIVE
- Days On Market
- 10
- Pool
- Yes
- Pets Allowed
- N/A
- Parking Spaces
- 0
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Property Description
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.
Property Amenities
Equipment
- Dishwasher
- Microwave
- Electric Range
- Refrigerator
Interior Features
- Other
Exterior Features
- Other
- Open Balcony
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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
