Robert T Fournier - 786-286-6960
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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.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 1455 Michigan Ave #7 | 7 | $165,000 | 0/1 | 200 | 19 | $198 | |
| 1250 Drexel Ave #8 | 8 | $189,000 | 0/1 | 490 | 46 | $801 | |
| 1526 Pennsylvania Ave #16 | 16 | $190,000 | 1/1 | 456 | 42 | $791 | |
| 1611 Michigan Ave #21 | 21 | $195,000 | 0/1 | 478 | 44 | $574 | |
| 500 14th St #101 | 101 | $199,500 | 2.39% | 1/1 | 543 | 50 | $911 |
| 1235 Euclid Ave #16 | 16 | $199,999 | 0/1 | 430 | 40 | $305 | |
| 1611 Michigan Ave #10 | 10 | $200,000 | 0/1 | 538 | 50 | $593 | |
| 637 12th St #6 | 6 | $205,000 | 1/1 | 420 | 39 | $540 | |
| 1601 Meridian Ave #203 | 203 | $205,000 | 1/1 | 395 | 37 | $660 | |
| 639 12th St #3 | 3 | $207,000 | 1/1 | 430 | 40 | $527 | |
| 717 Espanola Way #204 | 204 | $207,000 | 0/1 | 398 | 37 | $455 | |
| 1241 14th St #9 | 9 | $209,000 | 0/1 | 423 | 39 | $690 | |
| 1419 West Ave #106 | 106 | $209,000 | 1/1 | 475 | 44 | $712 | |
| 1555 Pennsylvania Ave #209 | 209 | $210,000 | 1/1 | 428 | 40 | $577 | |
| 745 13th St #16 | 16 | $210,000 | 0/1 | 431 | 40 | $582 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 1238 | 04/30/2026 | $450,000 | $469,000 | 1 | 1 | 550 | 7 months |
| 103 | 04/30/2026 | $440,000 | $440,000 | 2 | 2 | 995 | 3 months |
| 301 | 04/29/2026 | $465,500 | $465,000 | 2 | 2 | 1,047 | 1 month |
| 702 | 04/29/2026 | $490,000 | $490,000 | 1 | 1 | 820 | 4 months |
| 202 | 04/28/2026 | $650,000 | $650,000 | 2 | 2 | 1,038 | 3 weeks |
| 431 | 04/28/2026 | $1,495,000 | $1,647,000 | 1 | 1 | 933 | 5 months |
| 15B | 04/17/2026 | $360,000 | $384,900 | 1 | 2 | 917 | 6 months |
| 1209 | 04/03/2026 | $355,000 | $380,000 | 1 | 1 | 515 | 10 months |
| 1626 | 03/31/2026 | $415,000 | $455,000 | 1 | 1 | 550 | 5 months |
| 423 | 03/23/2026 | $455,000 | $499,900 | 1 | 1 | 890 | 3 months |
| 747 | 03/16/2026 | $3,150,000 | $3,449,000 | 4 | 4 | 2,565 | 3 months |
| 4 | 03/11/2026 | $175,000 | $174,000 | 0 | 1 | 320 | 2 weeks |
| 619 | 03/10/2026 | $510,000 | $545,000 | 0 | 1 | 525 | 1 year |
| 601 | 03/09/2026 | $365,000 | $389,000 | 2 | 1 | 878 | 4 months |
| 2 | 03/06/2026 | $240,000 | $250,000 | 1 | 1 | 700 | 4 months |
| 7 | 03/05/2026 | $380,000 | $399,000 | 1 | 1 | 729 | 1 month |
| 202 | 03/05/2026 | $182,500 | $185,000 | 1 | 1 | 428 | 1 month |
| 802 | 03/03/2026 | $700,000 | $725,000 | 2 | 2 | 1,088 | 3 months |
| 5B | 02/27/2026 | $174,500 | $174,500 | 1 | 1 | 800 | 2 months |
| 207 | 02/20/2026 | $345,000 | $359,000 | 2 | 2 | 1,044 | 2 months |
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