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401 Ocean Dr # 1024, Miami Beach FL 33139

Condo/Co-op For Sale
$569,000

BTC: 8.68702290

ETH: 316.11111111

-$30K (2025/08/15)
329 days
Waterfront
1 bds
1 ba
655 sqft

Overview

Amazing wide open ocean views from this high floor, updated condo- a hard to find combination in oceanfront South of 5th St neighborhood! Parking available for an additional $50k. Spacious balcony to take in the majestic views, impact windows & doors, porcelain tile floors throughout, marble bath w/glass shower doors & pedestal sink, open kitchen w/granite countertops & stainless steel appliance including side-by-side fridge & flat top range, great closets including 2 walk-ins, & upgrades such as smoothed ceilings, upgraded doors, & Titan water heater. In newly updated bldg w/new Oceanfront heated pool & sundeck, new elevators, new roof, new exterior renovation complete, & new gym in process. Modernized building w/keyless entry system, cable, internet & complimentary beach service. (Great tenant $3500/m can stay or go).

Location

Details

Type:
Residential
Parking:
1 Space / Assigned
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$869
Cooling:
Central Air
HOA:
$1,150

Valuation

Our model vs. what's actually selling nearby.
Estimate
$320,000
$208K – $545K
Confidence Low
List vs. estimate
$249K above estimate
List $569,000 · +77.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$868
+45.0% vs. city median $599
Based on
624 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,688
2024
HOA
$1,150/mo
View
Ocean View, Direct Ocean
Waterfront
Ocean Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Electric Range

    • Refrigerator

    Other interior features

    • Interior Hall

    • Closet Cabinetry

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-120-2120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,150

    • HOA Frequency: Monthly

    • Annual tax amount: $6,688

  • Source details

    • MLS ID: A11835120

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass / High Impact Windows / Impact Glass

    • Direction Faces: Northeast

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 655

    • Subdivision Name: THE PRESIDENTIAL CONDO,THE PRESIDENTIAL CON

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company