The Strand on Ocean Drive
Condos for Sale in Miami Beach, FL

The Strand on Ocean Drive market snapshot (as of July 20, 2026): the median sale price is about $315K ($765 per sq ft over the trailing 12 months of closed sales), and a median 113 days on market for closed sales. The trailing-12-month median is up 9% from the prior 12 months, computed from record-level MIAMI MLS closed sales (8 closings in the current window).

The Strand on Ocean Drive trades in a tight, low-volume slice of the Miami-Dade market, where a high price per square foot against a moderate median price signals smaller-format units rather than broad price tiers.

With a market heat score of 45, this community sits in a middling posture — not a bidding-war environment, not a distressed one either. That reading, combined with a median 112.5 days on market, suggests listings need patience on both sides of the transaction. Sellers who price realistically relative to the $315,000 median can still expect a longer runway to close than in faster-moving segments; buyers should build that timeline into their planning rather than assuming a quick turnaround.

No community amenities are currently identified from active MLS listings, which means the value proposition here is likely tied to the building and location itself rather than a documented amenity package. Buyers should verify amenities directly with listing agents or HOA documents rather than assuming standard condo features are included — the data simply does not confirm what is or is not on site.

In a market with only 8 recent closings, every comparable matters more than usual. We track this segment closely enough to know which of those closings are genuinely comparable to a given unit — by size, condition, and building — rather than leaning on a thin average that can mislead in either direction.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.