Back 3F/1250 Ocean Dr
Off Market

3F/1250 Ocean Dr

Miami Beach FL 33139

1
2
894 sq. ft.
Condo
Last sold for $752,500
Kristen Rosen GonzalezKristen Rosen Gonzalez, last sold this property on 26 June 2026 after 66 days on market.

Overview

MIAMI BEACH INVESTMENT OPPORTUNITY – LEGAL AIRBNB & VRBO LEGAL FOR AIRBNB & VRBO, this is a rare “unicorn” opportunity to own an ocean-view residence on iconic Ocean Drive in Miami Beach. Unit 3F offers the flexibility to live full-time, enjoy as a vacation home, or generate strong short-term rental income with nightly, weekly, or monthly leasing. Located steps from the ocean, this turn-key condo sits in a boutique 19-unit historic building that is well managed with strong financials. Inside, the unit is quiet, calm, and soundproof, featuring modern interiors, an updated kitchen, terrazzo baths, marble floors, and in-unit washer/dryer. Maintenance includes a 24-hour concierge who can manage Airbnb bookings, delivering true passive income. This is an ocean-view, iconic piece of Miami Beach history—positioned to benefit as Ocean Drive continues its comeback and long-term demand strengthens.

Features

1 bedroom
2 bathrooms
894 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Miami Beach over the last 12 months, the estimated median property value of 3F/1250 Ocean Dr is $340k.

Median value
$340k
Estimated value range
$1.75k - $5m
Median days on market
78
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Miami Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3F/1250 Ocean Dr

2026
Sold
$752,500
26 Jun 2026 by Kristen Rosen Gonzalez, of DOUGLAS ELLIMAN
2022
Sold
$640,000
04 Apr 2022 by Alyssa Jansheski, of One Sotheby's International Realty

Happy sellers in Miami Beach

94%
94% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Miami Beach over the last 12 months.

Local market activity for 1 bedroom condos in Miami Beach

In the last 12 months, 447 one-bedroom condos similar to 3F/1250 Ocean Dr, have been sold.

This represents a 2% decrease in one-bedroom condos sales when compared to the previous 12 months.

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