Premier Brokers International
401 Ocean Drive 1001, Miami Beach, FL 33139
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12043385
$499,000

↓ Price reduced $26,000 on Sep 18, 2026

401 Ocean Drive 1001, Miami Beach, FL 33139

Beds
1
Baths
1
Sqft
667
Est. payment$4,542/mo
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

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 23, 2026ListedMIAMI REALTORS® MLS$525,000$787/sqft
Sep 18, 2026Price reducedMIAMI REALTORS® MLS$499,000$748/sqft

Public tax history

YearProperty taxesAssessment
2025$6,478—

Payment calculator

Estimated monthly payment$4,542/moIllustrative estimate, not a loan offer.
Principal & interest
$2,589
Property taxes
$540
Insurance
$250
Association dues
$1,163

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

THE PRESIDENTIAL CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Douglas Elliman. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.