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401 Ocean Dr # 722, Miami Beach FL 33139

Condo/Co-op For Sale
$549,000

BTC: 9.00000000

ETH: 332.72727273

-$39K (2025/09/16)
371 days
Waterfront
1 bds
1 ba
655 sqft

Overview

Owner Financing Available! A great opportunity for qualified buyers for this beautifully 1 bed, 1 bath oceanfront unit located in Miami Beach’s exclusive South of Fifth neighborhood. Enjoy breathtaking views of the Atlantic from your living room, bedroom, kitchen, and spacious balcony facing north. The unit features new hurricane-impact windows and sliders, imported tile floors, granite countertops, stainless steel appliances, and generous storage. Building amenities include a heated oceanfront pool, direct beach access, gated security, covered parking, and completed 40-year certification. Just steps from iconic destinations like Joe’s Stone Crab, South Pointe Park, Ocean Drive, and Prime 112—this is the ultimate South Beach lifestyle.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned
Year Built:
1970
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$838
Cooling:
Central Air / Electric
HOA:
$1,031

Valuation

Our model vs. what's actually selling nearby.
Estimate
$320,000
$208K – $545K
Confidence Low
List vs. estimate
$229K above estimate
List $549,000 · +71.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$838
+41.9% vs. city median $590
Based on
636 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,296
2024
HOA
$1,031/mo
View
Ocean View, Water View
Waterfront
Ocean Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Custom Mirrors

    • Elevator

    • Entrance Foyer

    • Pantry

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    Property

    • Exterior Features: East Of Us1

    Other Property Information

    • Parcel Number: 02-42-03-120-1350

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,031

    • HOA Frequency: Monthly

    • Annual tax amount: $6,296

  • Source details

    • MLS ID: A11823998

    Other facts

    • Construction Materials: CBS Construction

    • Window Features: Hurricane Shutters / Blinds

    • Direction Faces: Northeast

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 655

    • Subdivision Name: THE 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: The Keyes Company