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401 Ocean Dr, Miami Beach FL 33139

Condo/Co-op For Sale
$465,000

BTC: 7.31132075

ETH: 244.39725855

-$20K (2026/07/22)
100 days
Waterfront
1 bds
1 ba
655 sqft

Overview

Welcome to 401 Ocean Dr, a beautifully maintained 1-bed/1-bath residence in a prime oceanfront building in the heart of Miami Beach. Enjoy the coveted South of Fifth neighborhood as you step outside to beautiful sunrises and carefree beachfront living. You’re seconds from the sand, enjoying private beach loungers with umbrella, walking distance to South Pointe Park and South Pointe Beach, and steps from top dining in Miami. This fully furnished condo offers an ocean-view balcony, direct beach access, and a heated oceanfront pool and pool deck with plenty of space for entertaining. In addition, the condo includes your own parking space within the gated complex, worth approx. 50k , with only a third of residents able to benefit. Inside you’ll find an open kitchen/living concept, recently furnished and move-in ready, with ample storage, including two walk-in closets. New impact windows and sliders, new laminate floors, and new central A/C. The updated building is structurally and financially strong with very healthy reserves and recently completed the 50-year recertification, brand new heated pool and pool deck, and 24/7 security. Laundry on every floor, elevators, and extra storage. This quiet, upscale neighborhood offers privacy and community, yet is walking distance to all the action South Beach offers. Consider making this your home, vacation getaway, or investment property. Maintenance includes water, cable, internet, landscaping, trash, and pest control.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$710
Cooling:
Central Air
HOA:
$1,134

Valuation

Our model vs. what's actually selling nearby.
Estimate
$320,000
$209K – $541K
Confidence Low
List vs. estimate
$145K above estimate
List $465,000 · +45.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$709
+19.4% vs. city median $594
Based on
649 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $587K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,418
2025
HOA
$1,134/mo
View
Ocean View, Water View
Waterfront
Ocean Access, Ocean Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Water Purifier

    • Electric Range

    • Refrigerator

    Other interior features

    • Interior Hall

    • 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: 02-42-03-120-0110

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,134

    • HOA Frequency: Monthly

    • Annual tax amount: $7,418

  • Source details

    • MLS ID: A12006988

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / High Impact Windows / Impact Glass / Sliding

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 655

    • Subdivision Name: THE PRESIDENTIAL CONDO

Private inquiry
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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: Beachfront Realty Inc