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401 Ocean Dr # 1007, Miami Beach FL 33139

Condo/Co-op For Sale
$470,000

BTC: 7.17557252

ETH: 261.11111111

-$15K (2026/04/24)
97 days
Waterfront
1 ba
538 sqft

Overview

Direct ocean view living in the highly sought-after South of Fifth neighborhood. The only direct ocean view unit currently available in the building, this spacious 538 SF deluxe studio offers stunning sunrise & Atlantic scenery from your private balcony in a true oceanfront building — the ultimate pied-à-terre or year-round dream home. Meticulously renovated with over $100,000 in high-end upgrades, the sleek designer kitchen features striking black quartz countertops, crisp contemporary white cabinetry, and stainless steel appliances. Calacatta porcelain flooring flows throughout the residence, creating a clean, modern feel. The spa-inspired bathroom is finished in matching Calacatta porcelain on the floors and walls, complemented by a contemporary wood-tone vanity, LED mirror, glass-enclosed shower, and modern fixtures. New impact windows frame breathtaking ocean views, and an abundance of closet space enhances comfort. Located in a modernized, secure, gated oceanfront building, with completed 40-year recertification and all special assessments paid. Residents enjoy a brand-new pool deck, heated pool, direct beach and boardwalk access, complimentary beach service with chairs and umbrella, cable and internet included, and a brand new gym coming soon. All of this in the prestigious South of Fifth — and all for well under $500K. You deserve this lifestyle.

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$874
Cooling:
Central Air
HOA:
$1,134

Valuation

Our model vs. what's actually selling nearby.
Estimate
$279,000
$185K – $369K
Confidence Low
List vs. estimate
$191K above estimate
List $470,000 · +68.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$873
+45.8% vs. city median $599
Based on
207 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $937K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,822
2025
HOA
$1,134/mo
Pool
Private
View
Ocean View, Direct Ocean
Waterfront
Ocean Access, Ocean Front
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Custom Mirrors

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Pool Private: Yes

    • Exterior Features: Barbeque / Courtyard / Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-120-1960

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,134

    • HOA Frequency: Monthly

    • Annual tax amount: $6,822

  • Source details

    • MLS ID: A11969826

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

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

    • Direction Faces: East

    • Waterfront: Yes

    • Living Area: 538

    • Subdivision Name: THE PRESIDENTIAL CONDO,PRESIDENTIAL CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: Compass Florida, LLC