Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 444 sq ft
- Flooring
- Tile
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Other, Third Floor Entry, Tub Shower, Bar
- Furnished
- Furnished
Active · Condominium
$345,000
1060 Ocean Dr D303, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 444 sq ft
- $ / sq ft
- $777/sq ft
- Year built
- 1934
- Lot size
- —
- HOA fee
- $1,517 Monthly
- Annual tax
- $4,839
About this property
Stunning Oceanview One-Bedroom Condo on Iconic Ocean Drive. Experience the ultimate South Beach lifestyle in this beautifully updated, turnkey one-bedroom condo featuring breathtaking ocean views and direct sightlines to the world-famous Versace Mansion. Enjoy exclusive access to a chic rooftop pool and bar, where sweeping views of the Atlantic Ocean and vibrant South Beach skyline create the perfect setting for relaxation or entertaining. Just steps from renowned restaurants, nightlife, and the beach, this is the best-priced oceanview unit in the building—offering unmatched value in a prime location. An excellent investment opportunity: hassle-free income, rent it independently to maximize returns (daily rental allowed).
Property location
Get Directions1060 Ocean Dr D303, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1934
- Stories
- 3
- Architectural style
- Other
- Construction
- Block
- Exterior features
- Balcony
- Pool
- Association
- Waterfront
- Ocean Front
- View
- Other
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- None, On Street
HOA, Community & Financials
- Association fee
- $1,517 Monthly
- Fee inclusions
- Cable Tv, Electricity, Hot Water, Insurance, Internet, Laundry, Maintenance Structure, Pools, Sewer, Trash, Water
- Amenities
- Cabana, Pool
- Security
- Door Man, Elevator Secured, Key Card Entry
- Pets allowed
- Conditional, Yes
- Annual tax
- $4,839
- Subdivision
- THE STRAND ON OCEAN DRIVE
- County
- Miami-Dade
- Days on market
- 322
- MLS listing ID
- A11845647
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,184
- Cap rate
- -1.9%
- Net yield
- -1.9%
- Cash-on-cash return
- -27.1%
- Gross yield
- 6.1%
- Mortgage payment
- $1,635/mo
- Down payment
- $86,250
- Loan amount
- $258,750
- Annual NOI
- -$6,580
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.