$829,000
CondominiumActive1250 Ocean Dr # 3F, Miami Beach FL 33139
MLS #A12003315About This Property
MIAMI BEACH INVESTMENT OPPORTUNITY – LEGAL AIRBNB & VRBO LEGAL FOR AIRBNB & VRBO, this is a rare “unicorn” opportunity to own an ocean-view residence on iconic Ocean Drive in Miami Beach. Unit 3F offers the flexibility to live full-time, enjoy as a vacation home, or generate strong short-term rental income with nightly, weekly, or monthly leasing. Located steps from the ocean, this turn-key condo sits in a boutique 19-unit historic building that is well managed with strong financials. Inside, the unit is quiet, calm, and soundproof, featuring modern interiors, an updated kitchen, terrazzo baths, marble floors, and in-unit washer/dryer. Maintenance includes a 24-hour concierge who can manage Airbnb bookings, delivering true passive income. This is an ocean-view, iconic piece of Miami Beach history—positioned to benefit as Ocean Drive continues its comeback and long-term demand strengthens.
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About Miami Beach
Miami Beach is a barrier island city defined by its Art Deco Historic District, oceanfront condos, and year-round tourist energy along Ocean Drive, Lincoln Road, and Collins Avenue. The neighborhood ranges from the party-forward South Beach to quieter mid-Beach and North Beach pockets, plus the Faena District's newer luxury development on 32nd-36th streets. The city draws international buyers and second-home owners who want walkable beach living with full urban amenities.
Property Details
Property Type
Condominium
Year Built
1941
Living Area
894 sq ft
Bedrooms
1
Bathrooms
2
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Flooring
Marble
Construction
Concrete Block Construction
Style
Garden Apartment
HOA Fee
$1,825 / Monthly
Annual Taxes
$9,622 (2025)
Days on Market
9
MLS #
A12003315
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Miami Beach
Location
City
Miami Beach
State
FL
ZIP Code
33139
County
Miami-Dade County
Listing provided by Kristen Rosen Gonzalez at Douglas Elliman. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12003315.