Hotel: MLS #A11965040 Miami Beach, FL $ 325,000
Hotel: MLS #A11965040
$ 325,000
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Hotel: MLS #A11965040

Miami Beach, FL, 33139
$ 325,000
Bedrooms1 Baths1.0 Sq 488

Monthly Estimate*

$ 2,001

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Hotel for sale in Miami Beach, FL

for $325,000 with 1 bedroom and 1 full bath. This 488 square foot home was built in 1934.

Residence 304 at 1060 Ocean Drive offers an exceptional opportunity to own in the heart of Miami Beach with the flexibility of a highly desirable hotel program. This stylish unit allows owners to enjoy personal use while generating income through professionally managed short-term rentals—an ideal blend of lifestyle and investment. Residents and guests enjoy premium amenities including a rooftop pool and lounge with panoramic ocean views, fitness center, on-site dining, concierge service, and beach & Lummas Park outside your door. Perfectly positioned on iconic Ocean Drive, directly across from the beach and Lummus Park, this prime South Beach location places you moments from world-class dining, nightlife, shopping, and cultural attractions—delivering the ultimate Miami Beach experience.

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Hotel Active

Price

$ 325,000

Bedrooms

1

Full Bath

1

Property Type

Hotel

Taxes

$ 5,365

Style

Year Built

1934

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11965040

Features
General
Heating None
Cooling Electric
Possession Close Of Escrow
Appliances Other
HOA Fee 0
Garage Spaces 0
Association Fee Includes Other
Pool Features Association
Security Features Lobby Secured
Restrictions No Restrictions
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 1934
View City
Property Subtype Hotel/Motel
Tax Year 2024
Waterfront Features Ocean Access Ocean Front
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Pool
Subdivision Name THE STRAND ON OCEAN DRIVE
Garage Y/N false
Total Rooms 0
Full Baths 1
Special Listing Conditions Corporate Listing Listed As-Is
Status Active
High School Miami Beach
City Miami Beach
Entry Location 3
Senior Community Y/N false
MLS Area 42
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional
Property Attached Y/N true
Year Built Details Effective Year Built
Tax Annual Amount 5365
Middle/Junior High School Nautilus
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11965040
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Hotel/Motel
Expected Active Date 2026-02-17
Legal Description THE STRAND ON OCEAN DRIVE CONDO UNIT D304 BLDG 1060 UNDIV 0.800218660% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 24396-0783 08 2005 1
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Interior
Flooring Hardwood Wood
Total Stories 3
Air Conditioning Y/N true
Heating Y/N false
Half Baths 0
Total Bedrooms 1
Entry Level 3
Total Baths 1
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Exterior
Exterior Amenities Other
Parking Features None
Building Area Total 488
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Compass Florida, Llc

Broker

harvey.messing@compass.com

Email

Affordability Calculator

$2,448
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4635854 Elementary School
4205765 Middle School
Miami Beach High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$325,000 Listed Price

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