Back C407/1052 Ocean Dr
Off Market

C407/1052 Ocean Dr

Miami Beach FL 33139

1
389 sq. ft.
Condo
Last sold for $290,000
Luis ParodyLuis Parody, last sold this property on 25 June 2026 after 111 days on market.

Overview

Turnkey condo-hotel studio unit located directly on iconic Ocean Drive in the heart of South Beach. Situated just steps from the sand and across from Lummus Park, this modern studio offers the perfect combination of location, flexibility, and income potential.The unit features contemporary finishes, large format tile flooring, a kitchenette, and comes fully furnished for immediate use or rental. Owners may rent the unit daily and have the option to self-manage or utilize the building’s front desk services, providing excellent flexibility for short-term rental income.The building offers a rooftop terrace with swimming pool, lounge chairs, and bar overlooking Ocean Drive and the Atlantic Ocean. Maintenance includes utilities such as electricity, air conditioning, internet, and cable, simplifying ownership and operations.Located within Miami Beach’s historic Art Deco District and surrounded by world-renowned restaurants, cafés, nightlife, and the beach, this property offers strong year-round demand from international visitors. Ideal as an investment property, vacation retreat, or income-producing short-term rental in one of Miami Beach’s most recognizable destinations.

Features

1 bathroom
389 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 C407/1052 Ocean Dr is $225k.

Median value
$225k
Estimated value range
$45k - $1.74m
Median days on market
66
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 C407/1052 Ocean Dr

2026
Sold
$290,000
25 Jun 2026 by Luis Parody
2014
Rented
Undisclosed
05 Feb 2014 by Sterling Equity Realty LLC
2013
Sold
$292,500
31 Oct 2013 by Kelly Charles, of One Sotheby's International Realty

Happy sellers in Miami Beach

91%
91% 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 11 reviews in Miami Beach over the last 12 months.

Local market activity for condos in Miami Beach

In the last 12 months, 99 condos similar to C407/1052 Ocean Dr, have been sold.

This represents a 20% increase in condos sales when compared to the previous 12 months.

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