Condominium for sale

$285,000

1060 Ocean Dr #D206Miami Beach, FL 33139

  • 1 Beds
  • 1 Baths
  • 451 Sq ft
  • 1934 Built

About this home

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

Details

MLS #
A12076468
Property type
Condominium
Status
Active
Days on market
45
Neighborhood
THE STRAND ON OCEAN DRIVE
County
Miami-Dade County
HOA / association fee
$1,535 monthly
Waterfront
Yes
Private pool
No
View
Other View, None
Cooling
Central Air
Interior features
Interior Hall, No Interior Features
Exterior features
Other, None
Appliances
Dishwasher, Electric Range, Microwave

Location

Estimated payment

$3,404/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of One Sotheby's International Realty · Sheri Borchardt. Listing last updated October 8, 2026 11:39 AM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated November 1, 2026 2:42 PM.

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