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Listings courtesy of One Sotheby's International Realty.

Active - Condominium for sale

1060 Ocean Dr # D204, Miami Beach FL 33139

1 bd|1 bth|488 sqft

Facts & features

Condominium Property type
2 days on Beycome
1934 Year built
$656 Price/Sqft.

Why you’ll love it

  • Pool
  • Rooftop

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. Unit is being completely repainted. New photos will be updated as soon as unit is finished being repainted. Walk thru video is available. A unique additional opportunity: Unit D206, located directly next to D204, 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.

Translating description...

Listed by: Sheri Borchardt • 786-218-5278 • One Sotheby's International Realty

Co-listed by: One Sotheby's International Realty

Source: Miami MLS, MLS#: A12075521 Miami MLS logo

Based on information as of Sep 01, 2026 at 08:26am EDT.

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Affordability

$210,000$430,000
1%20%
0%90%
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Estimated monthly payment

$2,091/mo

  • Mortgage$1,618
  • Property tax$473
  • HOA fee
  • Homeowners insurance
Due at closing$254,400
Down payment held in escrow$64,000
Closing costs$4,800
beycome credit Est.$6,400

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About The Strand On Ocean Drive

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Sep 01, 2026 at 08:26am EDT.

$320,000 Listed price

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$6,400 Credit back

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