Atlantic Luxury Advisors
1036 Ocean Dr #B201 photo 11036 Ocean Dr #B201 photo 21036 Ocean Dr #B201 photo 31036 Ocean Dr #B201 photo 41036 Ocean Dr #B201 photo 5

32 photos

1036 Ocean Dr #B201

Miami Beach, FL 33139

$975,000
2
2
729 sq ft
1964
Condominium
$2,466/mo
228
Active

Listing courtesy of Oceanica Real Estate, LLC (Johanna Bassols). Contact: [email protected].

About this home

Own a corner oceanfront residence on iconic Ocean Drive with direct views of Lummus Park, the beach, and the Atlantic. Set in the heart of South Beach, this is a rare intersection of location, design, and performance, an already operating short-term rental, delivered fully turnkey. The layout, created by the combination of two units, offers a flexible two-bedroom configuration that adapts naturally to maximize occupancy and guest experience. Renovated with approved City of Miami Beach permits, the residence also features insulated walls and a new AC system. Maintenance includes all utilities: water, electric, cable and internet. Amenities include rooftop pool and front desk attendant. The building offers a pool, valet parking, and attended service, completing a setting that balances convenience with the elevated expectations of Ocean Drive living. What ultimately defines the space is its presence, bold and cinematic, capturing the essence of Miami at its most iconic with a subtle Scarface-style energy that guests are drawn to and consistently return for. Rarely available on Ocean Drive.

What it costs to own
Estimated monthly payment
$9,443/mo
Principal and interest
$4,930
Property tax
$1,439
Homeowners insurance
$608
HOA
$2,466

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$17,268/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$2,466/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.