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Furnished Condo-Hotel Studio

1024 Ocean Drive Unit A305, Miami Beach, FL 33139

For Sale
$300,000

Daily, weekly, monthly, and long-term rentals are permitted, with capacity for up to six guests.

Property Size480 SF
Price / SF$625
Days on Market170

Property Features for 1024 Ocean Drive Unit A305

General Information

Standard status Active
Size 480 SF
Property subtype Condo/Co-Op/Villa/Townhouse / Hotel

Site & Location

Neighborhood Art Deco Historic District

Additional Details

Furnished Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $6,408

Amenities

rooftop pool
24/7 attended lobby

Building Details

Year Built 1964
Listing Agency: EXP Realty LLC
Listed By: Cristina Verrocchio PA · License #3357894
Source: Compass
Added: May 24 Changed: Nov 7 Last Checked: Nov 8 at 7:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This renovated, furnished studio spans 480 square feet within a condo-hotel and can accommodate as many as six guests. The unit was built in 1964 and does not have an in-unit washer or dryer. Rental options include daily, weekly, monthly, and long-term stays, with no rental restrictions stated in the property information.

The property is on Ocean Drive in Miami Beach. Building amenities include a rooftop pool with ocean views and a lobby attended around the clock.

Key Highlights

  • Rental options include daily, weekly, monthly, and long‑term stays
  • Renovated 480‑square‑foot furnished studio accommodates up to 6 guests
  • Condo‑hotel features a rooftop pool with ocean views

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

8,611
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Short term rental properties in Miami Beach, FL

$554 Jul
$645 Aug
$589 Sep
$589 Oct

Properties on Market for Short term rental properties in Miami Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Daily, weekly, monthly, and long-term rentals are permitted, with capacity for up to six guests.
Where is this short term rental property located?
The property is located at 1024 Ocean Drive Unit A305 Miami Beach, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Rental options include daily, weekly, monthly, and long‑term stays; Renovated 480‑square‑foot furnished studio accommodates up to 6 guests; Condo‑hotel features a rooftop pool with ocean views
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