Back a202/1024 Ocean Dr
Off Market

a202/1024 Ocean Dr

Miami Beach FL 33139

1
516 sq. ft.
Condo
Last sold for $310,000
Irina DyaglevaIrina Dyagleva, last sold this property on 12 September 2025 after 85 days on market.

Overview

Spacious renovated studio with a balcony in a popular South Beach condo-hotel. Fully licensed for short-term Airbnb rentals. Features a rooftop pool and the famous Palace Bar on the ground floor. Fully renovated in 2023 with new flooring, paint, furniture, doors, and a NEW AC unit. Sold furnished with proven 9 - years rental history. 2024 gross income - $80,000 and 80% occupancy through the year. No hotel program—owners can rent on their own or through any third-party manager. HOA includes all utilities: electricity, water, sewer, internet, TV, and front desk service. Option to continue with the current professional management or choose your own. Strong bookings and high ROI. Turnkey investment with income potential from day one.

Features

1 bathroom
516 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar condos sold in Miami Beach over the last 12 months, the estimated median property value of a202/1024 Ocean Dr is $225k.

Median value
$225k
Estimated value range
$45k - $1.74m
Median days on market
65
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 a202/1024 Ocean Dr

2025
Sold
$310,000
12 Sep 2025 by Irina Dyagleva, of VERA REALTY LLC
2016
Sold
$260,000
16 Sep 2016 by Gregory Matheny, of THE KEYES COMPANY

Happy sellers in Miami Beach

95%
95% 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 7 reviews in Miami Beach over the last 12 months.

Local market activity for condos in Miami Beach

In the last 12 months, 90 condos similar to a202/1024 Ocean Dr, have been sold.

This represents a 35% increase in condos sales when compared to the previous 12 months.

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