THE PRESIDENTIAL CONDO

401 Ocean Dr # 509, Miami Beach FL 33139

1 beds · 1 baths · 655 ft²

For Sale · Active Listing

$3,000

Est. Payment $16/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

655

Sq. Ft.

1970

Year Built

1

Garage

11

Stories

33

Days on Market

Description

Updated. Ocean view w/covered parking & balcony in newly remodeled oceanfront South of 5th condo! This one has it all: beautiful tile floors throughout, open kitchen w/granite countertops & generous cabinet space, flat top range, side-by-side fridge, microwave, dishwasher - move right in to your South Beach dream home! Fantastic building just completed full restoration with new impact windows & doors, refinished balconies, waterproofing & painting of the entire building, new elevators, & new Oceanfront pool deck with heated pool. Rent includes cable, internet, and 24 hour security. All in the most sought after neighborhood of Miami Beach with amazing restaurants and parks and sitting right on one of the most beautiful beaches in the world.

Facts

MLS#
A12012509
Subdivision
THE PRESIDENTIAL CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1970
Lot Size
0 sqft
Sq. Ft.
655 ft²
Sq. Mt.
61 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$49/m²
Stories
11
Garage
1 spaces
Pool
Days on Market
33 days
Listed
May 4, 2026
Last Updated
May 13, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

August 2026

100/100
Buyers marketSellers market

50

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/4/2026Listed for sale$3,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

401 Ocean Dr # 509, Miami Beach FL 33139Directions

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$10,000

gross income / month to qualify

Monthly rent$3,000
Required annual income$120,000
Security deposit (est.)$3,000
Move-in cost (1st + last + security)$9,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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