
MIAMI REALTORS® MLS↓ Price reduced $26,000 on Sep 18, 2026
401 Ocean Drive 1001, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Sqft
- 667
- Home type
- Condominium
- Year built
- 1970
- Lot size
- —
- Price / sqft
- $748
- HOA
- $1,163/mo
- Community
- THE PRESIDENTIAL CONDO
Property description
South of Fifth. Oceanfront. Sunset Views.Welcome to 401 Ocean Drive, an exceptional opportunity to own in South of Fifth (SoFi)—Miami Beach's most coveted neighborhood. Perched on the 10th floor, this west-facing one-bedroom, one-bath residence offers breathtaking sunset and skyline views, filling the home with warm golden light each evening.Located directly on the sand, this oceanfront building sits along one of the most famous beaches in the world and adjacent to iconic Lummus Park, where miles of beachfront walking and biking paths are just outside your door. From morning coffee by the ocean to evening sunsets from your private balcony, every day feels like a vacation.SoFi is renowned for its walkability, luxury lifestyle, and world-class dining. Just moments away are celebrated restaurants including Joe's Stone Crab, Prime 112, Carbone, and Smith & Wollensky, along with South Pointe Park, the marina, and the vibrant energy of Ocean Drive.Whether you're looking for a primary residence, vacation home, or investment property, this residence offers an unbeatable combination of location, lifestyle, and value.At $525,000, this is one of the best opportunities to own an oceanfront property in South of Fifth—where luxury living, endless sunsets, and the best of Miami Beach come together.
Listing activity
- Days on market
- 57
- Listed
- Jul 23, 2026
- MLS listing updated
- Sep 18, 2026
- Feed last checked
- 7 minutes ago
Listed by Kristen Rosen Gonzalez · Douglas Elliman
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 1
- Bathrooms
- 1
- Bathrooms (decimal)
- 1
- Full bathrooms
- 1
- Half bathrooms
- 0
Rooms & features
- Rooms
- 0
- Interior features
- Elevator
- Flooring
- Ceramic Tile
- Appliances
- Electric Water Heater, Dishwasher, Electric Range, Microwave
Heating & cooling
- Heating
- Central
- Cooling
- Electric
Property
Parking
- Garage spaces
- 1
- Garage
- Yes
- Covered spaces
- 1
Exterior
- Stories
- 11
- Building area
- 667 sqft
- Patio & porch
- Deck
- Exterior features
- Balcony
- View
- Intracoastal, Bay
- Waterfront
- Deeded Beach Access, Ocean
- Waterfront property
- Yes
Construction
Type & style
- Home type
- Condominium
- Year built
- 1970
Materials
- Construction
- Concrete Block - No Stucco, Pre-Cast Concrete Construction
Utilities & green energy
Not reported by the listing source.
Community & HOA
Community
- Subdivision
- THE PRESIDENTIAL CONDO
- MLS area
- 2420
- Security
- Elevator Secure, Fire Sprinkler System, Key Card Entry, Lobby - Attended
- Pets allowed
- Yes
- 55+ community
- No
Association
- Has association
- Yes
- Association fee
- $1,163 monthly
- Estimated monthly dues
- $1,163
- Amenities
- Fitness Center, Heated Pool, Lobby, Trash Chute
- Services included
- Pool Service, Cable TV, Common Areas, Elevator
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33139
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12043385
- Possession
- Close Of Escrow
- Original list price
- $525,000
- Parcel number
- 0242031201900
- Annual property tax
- $6,478
- Tax year
- 2025
- Tax legal description
- THE PRESIDENTIAL CONDO UNIT 1001 TENTH FLOOR UNDIV .004481 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 20482-0375 0602 1 COC 26379-241
- Special listing conditions
- Real Estate Owned
Additional MLS details
Reported by the listing source
- Association Amenities
- Fitness Center, Heated Pool, Lobby, Trash Chute
- Association Fee Frequency
- Monthly
- Association Fee Includes
- Pool Service, Cable TV, Common Areas, Elevator
- Association
- Yes
- Bathrooms Total Decimal
- 1
- Bathrooms Total Integer
- 1
- Building Area Total
- 667
- Construction Materials
- Concrete Block - No Stucco, Pre-Cast Concrete Construction
- County Or Parish
- Miami-Dade
- Days On Market
- 57
- Elementary School
- Miami Beach South Pointe
- High School
- Miami Beach
- List Price
- 499000
- Listing Contract Date
- 2026-07-23
- Living Area
- 667
- MLSArea Major
- 2420
- Middle Or Junior School
- Miami Beach Nautilus
- Mls Status
- Active
- On Market Date
- 2026-07-23
- Patio And Porch Features
- Deck
- Photos Count
- 19
- Postal Code
- 33139
- Price Change Timestamp
- 2026-09-18T18:23:57Z
- Property Sub Type
- Condominium
- Property Type
- Residential
- Rooms Total
- 0
- Security Features
- Elevator Secure, Fire Sprinkler System, Key Card Entry, Lobby - Attended
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-07-23T04:00:00Z
- Stories Total
- 11
- Subdivision Name
- THE PRESIDENTIAL CONDO
- Waterfront Features
- Deeded Beach Access, Ocean
- Tax Annual Amount
- 6478
- Bathrooms Full
- 1
- Bedrooms Total
- 1
- Bathrooms Half
- 0
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 1163
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jul 23, 2026 | ListedMIAMI REALTORS® MLS | $525,000$787/sqft |
| Sep 18, 2026 | Price reducedMIAMI REALTORS® MLS | $499,000$748/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $6,478 | — |
Payment calculator
- Principal & interest
- $2,589
- Property taxes
- $540
- Insurance
- $250
- Association dues
- $1,163
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Neighborhood
Area
THE PRESIDENTIAL CONDOMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
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