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For sale
  • $525,000

    401 Ocean Dr APT 1001, Miami Beach, FL 33139

    1beds
    667sqft
    : 
    $4,786/mo
    Get pre-qualified
    Condominium
    Built in 1970
    -- sqft lot
    $509,400 Zestimate®
    $787/sqft
    $1,163/mo HOA

    What's special

    Oceanfront buildingPrivate balconyWest-facing one-bedroom one-bath residence
    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.
    10 days
    |
    218
    |
    12
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristen Rosen Gonzalez 305-965-4725,

    Douglas Elliman

    Source: MIAMI,MLS#: A12043385MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Microwave
      Features
      • Interior Hall, Lobby, Elevator
      • Flooring: Ceramic Tile
      Interior area
      • Total structure area: 667
      • Total interior livable area: 667 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space
      • Garage spaces: 1
      Features
      • Patio & porch: Deck
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Bay, Intracoastal View
      • Has water view: Yes
      • Water view: Bay,Intracoastal View
      • Waterfront features: Ocean Front
      Details
      • Parcel number: 0242031201900

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Block, Concrete
      Condition
      • Year built: 1970

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Doorman, Elevator Secure, Card Entry
      • Application fee: $100
      • Subdivision: The Presidential Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Fitness Center, Pool, Trash
      • HOA fee: $1,163 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $787/sqft
      • Tax assessed value: $366,835
      • Annual tax amount: $6,478
      • Date on market: 7/23/2026
      • Listing terms: All Cash,Conventional,FHA,FHA-Va Approved

        Estimated market value

        $509,400

        $484,000 - $535,000

        $2,641/mo

        Price history

        DateEventPrice
        7/23/2026Listed for sale$525,000+23.5%$787/sqft
        Source: MIAMI #A12043385 Report a problem
        8/26/2025Listing removed$3,000$4/sqft
        Source: MIAMI #A11811951 Report a problem
        5/30/2025Listed for rent$3,000$4/sqft
        Source: MIAMI #A11811951 Report a problem
        11/29/2023Listing removed--
        Source: MIAMI #A11489674 Report a problem
        11/21/2023Listed for rent$3,000+11.1%$4/sqft
        Source: MIAMI #A11489674 Report a problem
        3/29/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        3/9/2022Listed for rent$2,700+58.8%$4/sqft
        Source: Zillow Rental Network_1 #A11171282 Report a problem
        2/10/2020Listing removed$1,700$3/sqft
        Source: Cervera Real Estate Inc. #A10812950 Report a problem
        2/6/2020Listed for rent$1,700$3/sqft
        Source: Cervera Real Estate Inc. #A10812950 Report a problem
        2/4/2016Sold$425,000+10.8%$637/sqft
        Source: Public Record Report a problem
        10/28/2014Sold$383,500-3.9%$575/sqft
        Source: Public Record Report a problem
        9/29/2014Listed for sale$399,000+47.8%$598/sqft
        Source: South Beach International Realty #A2011884 Report a problem
        10/19/2011Sold$270,000-8.3%$405/sqft
        Source: Public Record Report a problem
        7/18/2011Listed for sale$294,500+17.8%$442/sqft
        Source: HOWARD CHASE REAL ESTATE, LLC #A1528065 Report a problem
        5/14/2008Sold$250,000+41.2%$375/sqft
        Source: Public Record Report a problem
        6/21/2002Sold$177,000$265/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,882 +9.8%$366,834 +10%
        2024$6,267 -2.2%$333,486 +0.2%
        2023$6,410 +10.7%$332,750 +10%
        2022$5,793 +7.3%$302,500 +10%
        2021$5,397 +11.5%$275,000 +10%
        2020$4,840 -0.1%$250,000
        2019$4,845 -5.6%$250,000 -8.4%
        2018$5,133 $272,955 -22%
        2017$5,133 -23%$349,942 +5%
        2016$6,664 +11%$333,278 +10%
        2015$6,003 +103.6%$302,980 +63.5%
        2014$2,948 +3.4%$185,287 +1.5%
        2013$2,851 $182,549 +1.7%
        2012$2,851 -17.9%$179,498 -13.7%
        2011$3,472 -6%$208,090
        2010$3,695 +7%$208,090
        2009$3,452 -46.6%$208,090 -35%
        2007$6,459 +40.2%$320,140
        2006$4,606 --
        2005$4,606 +29.3%--
        2004$3,562 +8.6%--
        2003$3,282 +18.2%--
        2002$2,776 --
        2001$2,776 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Pointe

        Getting around

        92 / 100
        Walker's Paradise
        49 / 100
        Some Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: South Pointe
        • Middle: Nautilus
        • High: Miami Beach

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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