1024 Ocean Dr # A502, Miami Beach FL 33139 | Miami Beach, FL 1 Bath | $299K | Brickellsold

Condo ownership cost

True Monthly Ownership Cost

A buyer-facing estimate built only from reported MLS figures. Not a loan offer or a substitute for association documents.

Known monthly costsEstimate

HOA / association fee: $1,783/moListed $1,783 monthly
Property tax: $463/moPrior-year annual $5,560 (2025)
Known monthly subtotal: $2,246/mo

Financing assumptionsEditable

Adjust these to match your quote. Mortgage shown is principal & interest only.

Down payment %

Interest rate %

Term (years)

Estimated mortgage (P&I): $1,512/mo
Estimated total (with mortgage): $3,758/mo

Not included — unknown or not verified

Mortgage principal & interest (shown separately as an editable estimate)
Homeowners / hazard insurance
Utilities and internet
Special assessments or pending repairs
Parking, storage, and other association fees

Estimates only — based on the listing's reported HOA and prior-year tax figures and your financing inputs. Confirm exact fees, taxes, insurance, utilities, and any assessments with the association, a licensed lender, and public records before making a decision.

Purchase tax estimate Florida insurance guide Request condo documents & cost review

Price History

Event	Price	Date
Original list price	$335,000	Nov 20, 2025
Price change	$310,000	Oct 7, 2026
Current list price	$299,000	Oct 7, 2026

Similar Properties

Unit No. A502

1024 Ocean Dr # A502, Miami Beach FL 33139

Miami Beach , Miami-Dade County

Condominium at THE STRAND ON OCEAN DRIVE in Miami Beach

$299,000

Brickellsold Estimate* (fallback: list price)$299,000 (list price)

For Sale

bedrooms

n/a

bathroom

Square Footage

516

Type of Property

Condominium, Residential

Details

Overview

Sub Type

Condominium

Price Per Sqft

$579/sqft

Built In

1964

Association Fee

$1,783/mo HOA

Taxes

$5,560/yr

Description

Rare top-floor unit offering unbeatable value per square foot and a relaxing partial ocean view from your private balcony. Perfect for investors: daily rentals allowed and no hotel program needed. Manage it yourself or bring in a professional—total flexibility. An ideal starter investment property in the heart of South Beach.

This condominium home located at 1024 Ocean Dr # A502, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 336 days. This property is listed at $299K. It has N/A beds, 1 bathrooms, and is 516 square feet. It was built in 1964. 1024 Ocean Dr # A502, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.

Interior

Bathrooms

Bathrooms Full

Features

Flooring: Tile
Common walls with other units/homes: Penthouse

Heating

Electric

Cooling

Electric

Appliances

Dishwasher, Refrigerator

Total structure area

516

Total interior livable area

516 sqft

Property

Parking

Parking Features: None

Parcel Number

02-42-03-302-0080

Features

Entry location: Other
Exterior Features: East Of Us1, Open Balcony
Has View: Yes
View Description: Ocean View

Construction

Property subtype

Condominium, Residential

Attached to another structure

Yes

Materials

CBS Construction

Condition

Year Built: 1964

Community & HOA

Community

Security Features: Card Entry
Subdivision: THE STRAND ON OCEAN DRIVE

HOA

Has HOA: Yes
Amenities: Heated Pool, Pool
HOA Fees: $1,783/mo

Region

Miami Beach

Financial

Price Per Sqft

$579/sqft

Taxes

$5,560/yr

Association Fee

$1,783/mo

On Market Date

11/19/2025

Listing Terms

All Cash, Conventional

Metadata

Added

11/20/2025

Updated

10/22/2026

MLS#

A11917877

Days on Market

336

Listed By

Lokation

Originating MLS

A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

Miami Beach Fienberg/Fisher K-8 Center • 0.0 mi • K-12
Miami Beach Adult & Community Education Center • 0.0 mi • K-12
Miami Beach South Pointe Elementary • 0.0 mi • K-12
Miami Beach Senior High • 0.0 mi • K-12
North Beach Elementary • 0.0 mi • K-12
Miami Beach Nautilus Middle • 0.0 mi • K-12

Nearby does not mean assigned. Attendance boundaries and program eligibility can change, so verify the property address directly with Miami-Dade County Public Schools.

Check official school assignment

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Test your real commute

Transit access depends on the destination, time of day, service changes, and walking distance. Check this property against your actual routine using Miami-Dade County's official planner and live service information.

Plan with official Miami-Dade Transit

Crime Overview

Crime data unavailable for this area.

Map

FAQs About 1024 Ocean Dr # A502, Miami Beach FL 33139

Condo building intelligence

the strand

Active, internet-display-eligible inventory only. Sold listings are excluded.

Combined across 3 MLS building-name variants matched to the same official address. Median figures use the largest name group.

Active units: 13
Median active ask: $285,000
Active asking range: $250,000–$975,000
Median active HOA: $1,511/mo*
Median days on market: 50 days
New in last 7 days: 0
Active price reductions: 6
Reductions in last 30 days: 1
Median reduction: 8.0%*
Building year: 1934
MLS flood zones: AE
Data refreshed: Oct 25, 2026

Verify flood risk by exact address

The MLS flood-zone field above may be incomplete or outdated. Search the official FEMA map before making an offer, then obtain a property-specific elevation review and insurance quote; a map zone is not an insurance premium.

Search FEMA by property address

Confirm condo financing before you rely on an estimate

Condo financing can depend on the project, reserves, insurance, litigation, owner occupancy, and your loan program. Search HUD's official FHA project list as a starting point; a lender must confirm current project and borrower eligibility.

Check HUD FHA condo status

Official address matched

Exact address match to one Miami-Dade parent folio: 0242033020001

Checked Oct 19, 2026. Identity match only—not proof of inspection, recertification, SIRS, association registration, or municipal coverage.

View Miami-Dade source query

Documents to verify

Milestone inspection: Not verified — request current association documents
Structural reserve study (SIRS): Not verified — request current association documents
Special assessments: Not verified — request current association documents
Rental policy: Not verified — request current association documents

Buyer verification note

MLS fees, flood zones, and active-market summaries are informational. Official portals are search starting points, not proof of compliance, completeness, or municipal coverage. Obtain the current budget, reserves, insurance, inspection reports, assessments, minutes, litigation disclosures, and rental rules before relying on them.

Request condo documents

Florida DBPR Inspections and SIRS Miami-Dade Community Association Registry FEMA Flood Map Service Center Miami-Dade official address record · Parent folio 0242033020001 Search Miami-Dade recertification by property address

True Monthly Ownership Cost

Known monthly costsEstimate

Financing assumptionsEditable

Not included — unknown or not verified

Price History

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1024 Ocean Dr # A502, Miami Beach FL 33139

Condominium at THE STRAND ON OCEAN DRIVE in Miami Beach

Details

Overview

Description

Interior

Property

Construction

Community & HOA

Financial

Metadata

Neighborhood Insights

Nearby Schools

Nearby Hospitals

Test your real commute

Crime Overview

Map

FAQs About 1024 Ocean Dr # A502, Miami Beach FL 33139

FAQs About 1024 Ocean Dr # A502, Miami Beach FL 33139

the strand

Documents to verify

Buyer verification note

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