Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 447 sq ft
- Flooring
- Laminate
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Bedroom On Main Level, Third Floor Entry, Elevator, Bar
Active · Condominium
$340,000
1060 Ocean Dr D307, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 447 sq ft
- $ / sq ft
- $761/sq ft
- Year built
- 1934
- Lot size
- —
- HOA fee
- $1,486 Monthly
- Annual tax
- $4,872
About this property
An opportunity to anchor yourself in one of Miami Beach’s most visited corridors. This condo-hotel unit delivers true flexibility with no rental restrictions, making it a powerful short-term performer and an easy lock and leave retreat. Positioned steps from the shoreline, cafés, and the energy of Ocean Drive, it offers consistent demand and an unbeatable walk to everything lifestyle. A compact, efficient space with year round appeal, ideal for investors seeking reliability in a prime coastal setting.
Property location
Get Directions1060 Ocean Dr D307, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1934
- Stories
- 3
- Architectural style
- None, Other
- Construction
- Block
- Exterior features
- Balcony, Other
- Pool
- Association
- Waterfront
- Ocean Access, Ocean Front
- View
- Other
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- Other, On Street
HOA, Community & Financials
- Association fee
- $1,486 Monthly
- Fee inclusions
- Amenities, Maintenance Structure, Pools, Roof, Trash
- Amenities
- Other, Pool, Elevators
- Security
- Key Card Entry, Other
- Pets allowed
- Conditional, Yes
- Annual tax
- $4,872
- Subdivision
- THE STRAND ON OCEAN DRIVE
- County
- Miami-Dade
- Days on market
- 307
- MLS listing ID
- A11914290
- 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
-$2,136
- Cap rate
- -1.9%
- Net yield
- -1.9%
- Cash-on-cash return
- -26.9%
- Gross yield
- 6.1%
- Mortgage payment
- $1,612/mo
- Down payment
- $85,000
- Loan amount
- $255,000
- Annual NOI
- -$6,292
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.