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401 Ocean Dr # 602, Miami Beach FL 33139

Condo/Co-op For Sale
$475,000

BTC: 7.49211356

ETH: 249.65311357

1 days
Waterfront
1 bds
1 ba
659 sqft

Overview

Discover the epitome of luxury living at 401 Ocean Drive, where every moment is a celebration of the South of Fifth lifestyle! This beautifully updated 1-bedroom plus den residence is not just a home; it's a masterpiece waiting for you to experience. Imagine stepping out of your door and onto the sun-kissed sands, with your light-filled condo offering a spacious open layout that seamlessly connects to a modern renovated kitchen, perfect for culinary creations and entertaining friends. The oversized private balcony is your personal oasis, where you can unwind while soaking in breathtaking sunset views that will leave you mesmerized. The versatile den is an ideal sanctuary for a home office or a chic guest retreat, complemented by generous closet space for all your essentials. Nestled in a meticulously maintained oceanfront building that boasts a completed 50-year recertification and reserve study, residents indulge in resort-style amenities: direct beach access, a sparkling saltwater pool, a rejuvenating sauna, round-the-clock security, gated entry, and an exquisitely renovated pool deck — all with a fitness center on the horizon! Positioned in the vibrant heart of Miami Beach’s coveted South of Fifth neighborhood, this residence is more than just a property; it’s an invitation to elevate your lifestyle to new heights. Don’t let this extraordinary opportunity slip away.

Location

Details

Type:
Residential
Parking:
None / On Street
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$721
Cooling:
Central Air
HOA:
$1,134

Valuation

Our model vs. what's actually selling nearby.
Estimate
$320,000
$210K – $527K
Confidence Low
List vs. estimate
$155K above estimate
List $475,000 · +48.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$720
+20.5% vs. city median $598
Based on
674 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $625K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,625
2025
HOA
$1,134/mo
View
Other View
Waterfront
Ocean Access
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • Interior Hall

    • Lobby

    • First Floor Entry

    • Built-in Features

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • None

    • On Street

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-120-0910

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,134

    • HOA Frequency: Monthly

    • Annual tax amount: $7,625

  • Source details

    • MLS ID: A12056754

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Living Area: 659

    • Subdivision Name: THE PRESIDENTIAL CONDO

Private inquiry
Talk to the advisor on this listing.
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Market around this address

Live counts in the same area.
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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: Silverleaf Realty Group