THE PRESIDENTIAL CONDO

401 Ocean Dr # 1001, Miami Beach FL 33139

1 beds · 1 baths · 667 ft²

For Sale · Active Listing

$525,000

Est. Payment $2,794/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

667

Sq. Ft.

1970

Year Built

1

Garage

11

Stories

48

Days on Market

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.

Facts

MLS#
A12043385
Subdivision
THE PRESIDENTIAL CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1970
Lot Size
0 sqft
Sq. Ft.
667 ft²
Sq. Mt.
62 m²
Price per sq. ft.
$787/ft²
Price per sq. mt.
$8,468/m²
Stories
11
Garage
1 spaces
Pool
Days on Market
48 days
Listed
Jul 23, 2026
Last Updated
Sep 9, 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

September 2026

100/100
Buyers marketSellers market

64

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).

7/23/2026Listed for sale$525,000

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 # 1001, Miami Beach FL 33139Directions

Estimated Monthly Payment

$3,382/mo

Principal & Interest

$2,794

Property Tax

$438

Insurance

$150

HOA

$0

20% ($105,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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