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.
Dishwasher, Dryer, Microwave, Water Purifier, Electric Range, Refrigerator
Heating
Central
Cooling
Central Air
Year Built
1970
ARCHITECTURAL STYLE
High Rise
EXTERIOR FEATURES
Open Balcony
Parking Features
1 Space, Assigned
Garage spaces
1
View
Ocean View, Water View
CITY
Miami Beach
SUBDIVISION
The Presidential Condo
COUNTY
Miami-Dade County
AREA
The Presidential Condo
STATE
FL
HOA
1
TAX AMOUNT
7418.0
HOA FEE
1134.0
HOA FREQUENCY
Monthly
HOA AMENITIES
Laundry, Elevator(s), Storage, Heated Pool, Pool
LATEST UPDATE
2026-05-26T01:09:49.329Z
DAYS ON MARKET
30
PRICE CHANGE(S)
$485,000 Apr 24, 2026
Property Details
Property TypeResidential Sale
StatusActive
Bedrooms1
Bathrooms (Full)1
Property Sub TypeCondominium
Square Feet655
MLS #A12006988
AppliancesDishwasher, Dryer, Microwave, Water Purifier, Electric Range, Refrigerator
HeatingCentral
CoolingCentral Air
Year Built1970
ARCHITECTURAL STYLEHigh Rise
EXTERIOR FEATURESOpen Balcony
Parking Features1 Space, Assigned
Garage spaces1
ViewOcean View, Water View
CITYMiami Beach
SUBDIVISIONThe Presidential Condo
COUNTYMiami-Dade County
AREAThe Presidential Condo
STATEFL
HOA1
TAX AMOUNT7418.0
HOA FEE1134.0
HOA FREQUENCYMonthly
HOA AMENITIESLaundry, Elevator(s), Storage, Heated Pool, Pool
LATEST UPDATE2026-05-26T01:09:49.329Z
DAYS ON MARKET30
PRICE CHANGE(S)
$485,000 Apr 24, 2026
Market Trends
New Properties On Market
411
23%
Increase In New Listings
Average Asking Price
$988,643
$86,733 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$550
$184 Decrease In List Price/Sq. Ft.
Average Days On Market
6
14 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
Mortgage Calculator
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.