Tour
$3,919 Closing Credit¹
#A11769536, Mario Prado, Listing office: Abba Premier Properties Realty Inc.
$315,000 List price
1024 Ocean Dr Unit A202 Miami Beach, FL 33139
$3,741
Closing credit¹
0 beds
1 full
516 sqft
$610 / sqft
Condo
Property details
About 1024 Ocean Dr Unit A202
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.
Highlights
Home typeCondominium
HeatingOther
StatusActive
CoolingCentral Air
Size516 sqft
Year built1964
MLS #A11824939
ViewOther
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Flooring Type: Laminate
- Interior: Other, Bar
- Parking: None
- View: Other
- Exterior: Balcony
- Architectural Style: Other
- Heating: Other
- Cooling: Central Air
- List Price: $315,000
- Price/SqFt: $610
- HOA Amount: $1730 Monthly
- Year Built: 1964
- Living Area: 516 SqFt
- MLS Number: A11824939
- MLS Name: SEFMIAMI
- Office Name: Vera Realty LLC
- Office Phone: (305) 833-3303
- Office Email: nick@verarealty.com
- Listing Agent: Irina Dyagleva
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$315,000
1024 Ocean Dr Unit A202
$3,741
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Fienberg/Fisher K-8 Center
Public District PK-5
0.3 mi
•1420 Washington Ave
8
South Pointe Elementary School
Public District PK-5
0.8 mi
•1050 4th St
10
North Beach Elementary School
Public District PK-5
2.3 mi
•4100 Prairie Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,888. The most common annual income of people living in Miami Beach, FL is less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
43%
<35k
26%
35k-100k
29%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
79%
Single, No Kids
3%
Single, with Kids
16%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
0%
12-17 yrs old
27%
18-34 yrs old
44%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Live Theatre
Where do the neighbors shop?
IKEA
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Quiznos
Starbucks
Boston Market
What do the neighbors drive?
Lexus
BMW
Mercedes
What do the neighbors listen to?
Soft Adult Contemporary
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1024 Ocean Dr Unit A202
The listing price of 1024 Ocean Dr Unit A202 property is $315,000.
The property 1024 Ocean Dr Unit A202 is a condo located in Miami Beach, Florida, 33139.
Active Listing: 1024 Ocean Dr Unit A202 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1024 Ocean Dr Unit A202 are: Fienberg/Fisher K-8 Center (GreatSchools Rating 6/10), South Pointe Elementary School (GreatSchools Rating 8/10), North Beach Elementary School (GreatSchools Rating 10/10), Nautilus Middle School (GreatSchools Rating 4/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Jose De Diego Middle School (GreatSchools Rating 2/10), Miami Beach Senior High School (GreatSchools Rating 4/10), Mast Academy (GreatSchools Rating 10/10), I Preparatory Academy (GreatSchools Rating 10/10).
The property at 1024 Ocean Dr Unit A202 has 0 bedroom and 1 bathroom.
The property 1024 Ocean Dr Unit A202 is 516 SqFt (source: MLS/tax record).
The year of construction for 1024 Ocean Dr Unit A202 is 1964.
This home is located at 1024 Ocean Dr Unit A202 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 516 square foot home was built in 1964. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $315,000.
Over 4 listings were sold over their listed price in May 2025 in Miami Beach, FL. In the same period over 125 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Miami Beach, FL between April and May 2025 increased by 6.6%. In May 2025, listings were on the market for 124 days. During the same period, the median list price in this real estate market was $690,337.
From Rocket Homes Real Estate and based on county public records data.