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$325,000
Address Hidden
1
Bed
1
Bath
488
Square Feet
Harvey Messing
David Sherman
Wake up to ocean breezes, step outside to the beach, and enjoy the prestige of owning an iconic piece of OCEAN DRIVE. A smart investment. A historic address. An unmatched lifestyle.
Residence 304 at 1060 Ocean Drive offers an exceptional opportunity to own in the heart of Miami Beach with the flexibility of a highly desirable hotel program. This stylish unit allows owners to enjoy personal use while generating income through professionally managed short-term rentals—an ideal blend of lifestyle and investment.
Residents and guests enjoy premium amenities including a rooftop pool and lounge with panoramic ocean views, fitness center, on-site dining, concierge service, and beach & Lummas Park outside your door.
Perfectly positioned on iconic Ocean Drive, directly across from the beach and Lummus Park, this prime South Beach location places you moments from world-class dining, nightlife, shopping, and cultural attractions—delivering the ultimate Miami Beach experience.
Offered By
Harvey Messing, Compass Florida, LLC
Property Details
Property Type
Residential Sale
Status
Active
Bedrooms
1
Bathrooms (Full)
1
Property Sub Type
Hotel/Motel
Square Feet
488
MLS #
A11965040
Flooring
Wood
Appliances
Other Equipment/Appliances
Heating
None
Cooling
Electric
Year Built
1934
EXTERIOR FEATURES
Other
Parking Features
None
View
Skyline
SUBDIVISION
The Strand On Ocean Drive
AREA
The Strand On Ocean Drive
HOA
1
TAX AMOUNT
5365.0
HOA FEE
0.0
HOA FREQUENCY
Monthly
HOA AMENITIES
Pool
LATEST UPDATE
2026-05-01T07:43:44.196Z
DAYS ON MARKET
73
PRICE CHANGE(S)
$325,000 Feb 13, 2026
Property Details
Property Type
Residential Sale
Status
Active
Bedrooms
1
Bathrooms (Full)
1
Property Sub Type
Hotel/Motel
Square Feet
488
MLS #
A11965040
New Properties On Market
12,635
33%
Increase In New Listings
Average Asking Price
$548,193
$126,522 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$186
$68 Decrease In List Price/Sq. Ft.
Average Days On Market
6
14 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
Purchase Price
Loan Type
Down Payment
HOA Dues
Interest Rate
Estimated Property Taxes
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.