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

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.

MIAMI REALTORS sales records identify 43 homes in THE STRAND ON OCEAN DRIVE that have changed hands since 2014, built between 1934 and 2005 (median 1964), with a median living area of about 447 sq ft and a typical 1-bedroom, 1-bath layout; 98% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

The Strand on Ocean Drive is too small for its own price trend, so here is the market around it.

In ZIP 33139, 950 homes are on the market and 11% are under contract — a slower corner of Miami Beach.

Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).

In ZIP 33139 (Miami Beach), 132 homes closed in the last 12 months at a median of $985K ($912/sq ft), with a median 84 days on market. Right now 240 active and 26 pending listings put supply at about 21.8 months — a soft market. See the live ZIP 33139 housing market and the Miami-Dade County market.

ZIP and county figures describe the wider market, not The Strand on Ocean Drive specifically. Momentum Research analysis of MLS records.

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.