1036 Ocean Dr

This three-story, 15-unit condo-hotel was built in 1936 and offers one- and two-bedroom unit types. The property sits on iconic Ocean Drive in Miami Beach near Lummus Park and the beach. The building features a rooftop pool and bar with ocean views. Short-term and daily rentals are allowed and the association supports vacation licensing. Shared services include a staffed front desk/check-in, utilities bundled into maintenance, and an on-site elevator. Common exterior features include balconies and patios. Interior amenity highlights include built-in storage, walk-in closets, and accessible entries. The location puts restaurants, nightlife, and beachfront recreation steps away, making it ideal for investors or part-time owners. Expect a lively South Beach atmosphere, strong rental demand, easy walkability, turnkey furnished possibilities, and convenient access to entertainment and shopping.