Momentum Housing Data · Home Values · Miami-Dade County
Buying here? See the Strand on Ocean Drive homes for sale and the the Strand on Ocean Drive community guide (Miami Beach).
THE STRAND ON OCEAN DRIVE (FL): 8 recorded closings in the 12 months ending 2026-07-20, a 9-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 96.8% of original asking; the median sale took 112 days (window ending 2026-07-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $315,000 | $765 | 112 | 96.8% | 8 |
| 2025 | $290,000 | $604 | 64 | 90.9% | 3 |
| 2024 | $358,500 | $765 | 43 | 88.5% | 6 |
| 2023 | $390,000 | $886 | 7 | 100.0% | 4 |
| 2022 | $327,500 | $759 | 27 | 95.1% | 8 |
| 2021 | $271,250 | $616 | 78 | 89.5% | 6 |
| 2020 | $290,000 | $726 | 79 | 97.0% | 6 |
| 2019 | $288,000 | $644 | 28 | 95.3% | 7 |
| 2018 | $247,500 | $539 | 59 | 87.5% | 4 |
Over the recorded series, THE STRAND ON OCEAN DRIVE’s median sold price moved from $247,500 (2018) to $315,000 (12 months ending 2026-07-20) — +27% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2018 at $247,500. The 2020–22 run-up did what it did everywhere — THE STRAND ON OCEAN DRIVE’s median moved +14% from 2019 to 2022. Against the 2023 peak of $390,000, the current median stands at -19%. Annual sales volume here has ranged from 3 to 8 closings a year (10-yr average 5.8). With roughly 5.8 closings a year, THE STRAND ON OCEAN DRIVE’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
What actually trades here: 86% condominium, 14% hotel motel, with a median of 482 sq ft and a median price per square foot of $765 in the current window.
Of the 12 recorded THE STRAND ON OCEAN DRIVE closings since 2024, half landed between $290,000 and $381,250 (the middle two quartiles); the lowest recorded sale was $225,000 and the highest $580,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $275,000 | 2 (17%) | |
| $275,000 – $366,667 | 6 (50%) | |
| $366,667 – $458,333 | 2 (17%) | |
| $458,333 – $550,000 | 0 (0%) | |
| None and up | 2 (17%) |
From the live MLS feed as of 2026-09-03: 15 active listings (plus 0 pending) asking from $250,000 to $895,000, median $320,000; 8 of 15 have been on the market over 60 days (median 96 days so far); the homes listed or recently sold were built between 1934 and 2005 (median 1936); 13 of 15 listed or recently sold homes report an HOA, median $1,556/mo. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current THE STRAND ON OCEAN DRIVE listings →
At THE STRAND ON OCEAN DRIVE’s $315,000 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $5,540 a year in property tax before exemptions, or about $4,830 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.
Momentum’s market-heat index for THE STRAND ON OCEAN DRIVE reads 45/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 100% of recorded THE STRAND ON OCEAN DRIVE sales in the window ending 2026-07 (8 of 8) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a THE STRAND ON OCEAN DRIVE home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping THE STRAND ON OCEAN DRIVE are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| SOUTH BAY CLUB CONDO | $330,000 | $400 | 95 | 16 |
| OCEAN WALK ON SOUTH BEACH | $337,500 | $1,109 | 58 | 4 |
| MIRADOR 1200 CONDO | $345,000 | $525 | 87 | 21 |
| ADMIRAL TOWERS CONDO | $281,250 | $363 | 81 | 4 |
More THE STRAND ON OCEAN DRIVE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.