Direct ocean view living in the highly sought-after South of Fifth neighborhood. The only direct ocean view unit currently available in the building, this spacious 538 SF deluxe studio offers stunning sunrise & Atlantic scenery from your private balcony in a true oceanfront building — the ultimate pied-à-terre or year-round dream home. Meticulously renovated with over $100,000 in high-end upgrades, the sleek designer kitchen features striking black quartz countertops, crisp contemporary white cabinetry, and stainless steel appliances. Calacatta porcelain flooring flows throughout the residence, creating a clean, modern feel. The spa-inspired bathroom is finished in matching Calacatta porcelain on the floors and walls, complemented by a contemporary wood-tone vanity, LED mirror, glass-enclosed shower, and modern fixtures. New impact windows frame breathtaking ocean views, and an abundance of closet space enhances comfort. Located in a modernized, secure, gated oceanfront building, with completed 40-year recertification and all special assessments paid. Residents enjoy a brand-new pool deck, heated pool, direct beach and boardwalk access, complimentary beach service with chairs and umbrella, cable and internet included, and a brand new gym coming soon. All of this in the prestigious South of Fifth — and all for well under $500K. You deserve this lifestyle.
For sale
$470,000
401 Ocean Dr APT 1007, Miami Beach, FL 33139
0beds
538sqft
Condominium
Built in 1970
-- sqft lot
$-- Zestimate®
$874/sqft
$1,134/mo HOA
What's special
True oceanfront buildingModern fixturesDirect ocean view livingContemporary wood-tone vanityHeated poolBrand-new pool deckStriking black quartz countertops
- 195 days
- 166
- 4
Zillow last checked:
Listing updated:
Listed by:
Michael Porat 305-587-6179,
Compass Florida, LLC
Source: MIAMI,MLS#: A11969826
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator
- Laundry: Common Area
Features
- Built-in Features, Closet Cabinetry, Custom Mirrors
- Flooring: Tile
- Windows: Complete Impact Glass, High Impact Windows, Impact Glass
Interior area
- Total structure area: 538
- Total interior livable area: 538 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Exterior features: Barbecue, Courtyard, Balcony
- Has private pool: Yes
- Pool features: Private Pool
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Ocean Access, Ocean Front
Details
- Parcel number: 0242031201960
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Updated/Remodeled
- Year built: 1970
Community & HOA
Community
- Security: Complex Fenced, Lobby Secured, TV Camera
- Application fee: $100
- Pet fee: $0
- Subdivision: The Presidential Condo,Presidential Condo
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Bike Storage, Laundry, Community Room, Fitness Center, Pool, Kitchen Facilities, Sauna, Trash
- HOA fee: $1,134 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $874/sqft
- Tax assessed value: $313,789
- Annual tax amount: $6,822
- Date on market: 2/24/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Price change | $470,000-3.1%$874/sqft |
Source: | ||
| 2/24/2026 | Listed for sale | $485,000-2.7%$901/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $498,500$927/sqft |
Source: | ||
| 9/11/2025 | Listed for sale | $498,500$927/sqft |
Source: | ||
| 9/6/2025 | Listing removed | $498,500$927/sqft |
Source: | ||
| 8/29/2025 | Listing removed | $2,500$5/sqft |
Source: | ||
| 6/10/2025 | Listed for rent | $2,500+0%$5/sqft |
Source: | ||
| 6/9/2025 | Listed for sale | $498,500$927/sqft |
Source: | ||
| 5/28/2025 | Listing removed | $498,500$927/sqft |
Source: BHHS EWM Realty #A11706494 Report a problem | ||
| 5/27/2025 | Listing removed | $2,499$5/sqft |
Source: | ||
| 5/17/2025 | Listed for rent | $2,499$5/sqft |
Source: | ||
| 4/5/2025 | Price change | $498,500-4.1%$927/sqft |
Source: | ||
| 3/25/2025 | Price change | $519,980-1%$967/sqft |
Source: | ||
| 3/4/2025 | Price change | $524,999-4.5%$976/sqft |
Source: | ||
| 1/31/2025 | Price change | $549,500-3.6%$1,021/sqft |
Source: BHHS EWM Realty #A11706494 Report a problem | ||
| 1/17/2025 | Price change | $569,999-3.4%$1,059/sqft |
Source: BHHS EWM Realty #A11706494 Report a problem | ||
| 12/9/2024 | Listed for sale | $589,999+96.7%$1,097/sqft |
Source: BHHS EWM Realty #A11706494 Report a problem | ||
| 11/30/2022 | Sold | $300,000+25%$558/sqft |
Source: Public Record Report a problem | ||
| 11/4/2004 | Sold | $240,000+182.4%$446/sqft |
Source: Public Record Report a problem | ||
| 1/5/2001 | Sold | $85,000+21.4%$158/sqft |
Source: Public Record Report a problem | ||
| 6/2/1995 | Sold | $70,000$130/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,690 +11.9% | $297,557 +10% |
| 2024 | $5,083 +9.4% | $270,507 +10% |
| 2023 | $4,647 +10.6% | $245,916 +10% |
| 2022 | $4,201 -2.7% | $223,560 |
| 2021 | $4,317 -0.3% | $223,560 |
| 2020 | $4,328 +7.9% | $223,560 +8% |
| 2019 | $4,011 -24% | $207,000 -24% |
| 2018 | $5,275 | $272,351 +10% |
| 2017 | $5,275 +10.4% | $247,592 +10% |
| 2016 | $4,779 +13.9% | $225,084 +10% |
| 2015 | $4,196 +11% | $204,622 +10% |
| 2014 | $3,779 +4.2% | $186,020 |
| 2013 | $3,626 | $186,020 +5% |
| 2012 | $3,626 -1.1% | $177,160 +8.5% |
| 2011 | $3,667 -6.2% | $163,336 -7.8% |
| 2010 | $3,909 +7.3% | $177,160 |
| 2009 | $3,644 -33.7% | $177,160 -35% |
| 2007 | $5,499 +40.2% | $272,550 |
| 2006 | $3,922 | -- |
| 2005 | $3,922 +168.9% | -- |
| 2004 | $1,459 +4.9% | -- |
| 2003 | $1,390 -24.7% | -- |
| 2002 | $1,847 | -- |
| 2001 | $1,847 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Pointe
Nearby schools
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.








