About This Home
This 1-bedroom, 1-bathroom condo at 1060 Ocean Dr #D206 in Miami Beach, FL is listed for $285,000 ($632 per sqft). Built in 1934, the home offers 451 sqft of living space on a N/A lot.
Key Features
- Built in 1934
- 3 stories
- Waterfront
Property Details
Amenities
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 entertainment destinations.
A unique additional opportunity: Unit D204, located directly next to D206, 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. Unit is being completely repainted. New photos will be updated as soon as unit is finished being repainted. Walk thru video is available.
Monthly Cost Estimate
$1,524/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1060 Ocean Dr #D206
Miami Beach, FL 33139
THE STRAND ON OCEAN DRIVE
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom condo at 1060 Ocean Dr is listed at $285,000 ($632/sqft). The estimated monthly payment is $1,524 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1934, 3 stories, Waterfront. Interior Features: Elevator.
This property is listed by Sheri Borchardt and can be reached at 7862185278.
