CENTURY 21 Edge
$325,0001 bd1 ba488 sqft$666 /sqft$2,105 /mo all-in ↓

, MIAMI BEACH, FL, 33139

Active159 days on marketListed Feb 13, 2026MLS #A11965040

WaterfrontHotel/MotelTHE STRAND ON OCEAN DRIVE

About this home

Own a true piece of Miami Beach history at 1060 OCEAN DRIVE, Unit 304—an iconic Art Deco address set directly on the sands of world-famous OCEAN DRIVE. This is more than a condo; it’s a front-row seat to the vibrant energy, culture, and lifestyle that define South Beach. Perfectly positioned steps from the beach, top dining, nightlife, and luxury shopping, this residence offers the rare opportunity to own in one of the most recognized destinations in the world. Whether you’re seeking a personal getaway or an income-producing asset, this property delivers. Approved for short-term rentals, it’s an exceptional opportunity to operate a high-demand Airbnb right on OCEAN DRIVE—where visitors actively seek to stay. With year-round tourism, global appeal, and unbeatable walkability, the income potential is as compelling as the location itself. Wake up to ocean breezes, step outside to the beach, and enjoy the prestige of owning on iconic OCEAN DRIVE. A smart investment. A historic address. An unmatched lifestyle. Enroll in the hotel program or rent independently for maximum profits!

Facts & features

The home at a glance

1

Bedrooms

1

Bathrooms

488

Sqft

1934

Year built

$666

Per sqft

WaterfrontSkyline view

Inside

FlooringWood
AppliancesOther Equipment/Appliances
InteriorLobby · No Interior Features
CoolingElectric
HeatingNone

Outside & construction

ConstructionCBS Construction
ViewSkyline
ParkingNone
ExteriorOther

Community & fees

Taxes (2024)$5,365/yr
PetsRestrictions Or Possible Restrictions

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$2,105 /mo · 30% down, 30-yr fixed at 6.9%

Principal & interest$1,498
Property tax — 2024 actual bill$447
Insurance (FL estimate)$160

Why the rate is different here

Loan typeCondo-hotel / non-warrantableTypical down payment30%+Rate premium+0.5–1.0%

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote for a condo-hotel in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Down payment30% · $97,500
Interest rate6.90%
Loan term

Estimated payment

$2,105/mo

Principal & interest$1,498
Property taxes (actual bill)$447
Est. insurance$160

Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Miami Beach

Map of

Get to know Miami Beach. See the full Miami Beach guide →

MIAMI BEACH 33139 — neighborhood snapshot

Population

34,406

Median age

42.1

Median income

$63,368

Median home value

$480,500

Avg household

1.73

Households w/ children

2,435

For the school run

Dade County School District

ElementaryMiami Beach Feinberg/Fisher K-8★★★★★
HighMiami Beach Senior High School★★★★★
MiddleMiami Beach Nautilus Middle School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami Beach market

Seller’s marketLeans buyer21.0 months of inventoryBuyer’s market

$1.0M$8.7M

Miami Beach median sold, yr/yr

97.9%

Sale-to-list ratio (12 mo)

Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 364% above the MIAMI BEACH 33139 median. See the full Miami Beach market guide →

Paper trail

This home's history

Feb 13, 2026Listed at $325,000 · 159 days on market since
1934Built · THE STRAND ON OCEAN DRIVE

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Donna Layton

Your agent

Donna Layton

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for — before you fall in love.

See it in person

Schedule a tour

Live availability from Donna's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

FAQs

What would the monthly payment be for ?+

With 30% down on a 30-year condo-hotel loan at 6.9%, the all-in payment lands around $2,105/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on ?+

The most recent tax bill on record (2024) was $5,365. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at ?+

The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Miami Beach?+

At $325,000, this home is listed about 67% below the Miami Beach median of $995,000. The market section on this page shows how the area is trending.

Which schools are assigned to ?+

Miami Beach Feinberg/Fisher K-8 (elementary), Miami Beach Senior High School (high), Miami Beach Nautilus Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$325,000 runs 364% above the MIAMI BEACH 33139 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03The trade-off to know about

Condo-hotel units use specialty financing — expect a larger down payment and a rate premium, or an all-cash purchase. Our lender partners quote these weekly; the cost panel below reflects standard financing, so ask us for the real quote.

Listing courtesy of Compass Florida, LLC · Harvey Messing. MLS #A11965040.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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