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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12086074
$1,250,000

401 Ocean Drive 518, Miami Beach, FL 33139

Beds
1
Baths
1
Sqft
679
Est. payment$9,224/mo
Home type
Condominium
Year built
1970
Lot size
—
Price / sqft
$1,841
HOA
$1,163/mo
Community
THE PRESIDENTIAL CONDO

Property description

An Oceanfront Jewel Box in the Sky | $1,250,000Welcome to an extraordinary opportunity at 401 Ocean Drive in the heart of South of Fifth. This stunning one-bedroom, one-bath residence is a true jewel box in the sky, with mesmerizing turquoise Atlantic views visible from virtually every inch of the home.Beautifully renovated to the highest standard, the residence combines sophisticated design with the energy of South Beach living. Disco lighting throughout creates the perfect atmosphere for entertaining, while an in-unit washer and dryer adds everyday convenience. Stylish, polished, and completely turnkey, this is the ultimate South Beach entertaining pad.Set within The Presidential, an oceanfront condominium with private beach club access, the location is unmatched. Step outside and walk to the beach, South Pointe Park, world-class restaurants, cafés, nightlife, and the marina.Whether enjoyed as a glamorous pied-à-terre, full-time residence, or coastal escape, this is a rare opportunity to own a piece of the Miami Beach dream—where the ocean is your backdrop and every day feels like a vacation.Offered at $1,250,000.

Listing activity

Days on market
3
Listed
Sep 11, 2026
MLS listing updated
Sep 12, 2026
Feed last checked
13 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
Bar, Built-in Features, Closet Cabinetry
Flooring
Other
Appliances
Electric Range, Oven, Refrigerator, Washer

Heating & cooling

Heating
Electric
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1

Exterior

Stories
11
Building area
679 sqft
Entry level
1
Exterior features
Balcony, Lighting
Pool features
Private
View
Direct Ocean, Pool
Waterfront
Deeded Beach Access, Ocean
Waterfront property
Yes

Lot

Road frontage
East of US-1
Construction

Type & style

Home type
Condominium
Year built
1970
New construction
No

Materials

Construction
Block
Property condition
Updated/Remodeled
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
THE PRESIDENTIAL CONDO
MLS area
2420
Security
Entry - Phone/Intercom, Lobby - Attended, Secured Garage/Parking
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,163 monthly
Estimated monthly dues
$1,163
Amenities
Maintenance, Pool, Bike Storage, Clubhouse, Community Room, Elevator(s), Fitness Center, Heated Pool, Lobby, Parking
Services included
Recreation Facility, Pool Service, Insurance, Maintenance Grounds, Reserve Funds, Roof Repairs, Security, Sewer, Trash
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
A12086074
Possession
Close Of Escrow
Original list price
$1,250,000
Parcel number
0242031200810
Annual property tax
$11,400
Tax year
2025
Tax legal description
THE PRESIDENTIAL CONDO UNIT 518 FIFTH FLOOR UNDIV .004886 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 18786-4264 0999 1
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Bike Storage, Clubhouse, Community Room, Elevator(s), Fitness Center, Heated Pool, Lobby, Parking
Association Fee Frequency
Monthly
Association Fee Includes
Recreation Facility, Pool Service, Insurance, Maintenance Grounds, Reserve Funds, Roof Repairs, Security, Sewer, Trash
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
679
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
3
Elementary School
Miami Beach South Pointe
High School
Miami Beach
List Price
1250000
Living Area
679
MLSArea Major
2420
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2026-09-11
Postal Code
33139
Property Sub Type
Condominium
Property Type
Residential
Road Frontage Type
East of US-1
Rooms Total
0
Security Features
Entry - Phone/Intercom, Lobby - Attended, Secured Garage/Parking
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-11T04:00:00Z
Stories Total
11
Subdivision Name
THE PRESIDENTIAL CONDO
Waterfront Features
Deeded Beach Access, Ocean
Tax Annual Amount
11400
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
Sep 11, 2026ListedMIAMI REALTORS® MLS$1,250,000$1,841/sqft

Public tax history

YearProperty taxesAssessment
2025$11,400—

Payment calculator

Estimated monthly payment$9,224/moIllustrative estimate, not a loan offer.
Principal & interest
$6,486
Property taxes
$950
Insurance
$625
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.