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For sale
    • $470,000

    401 Ocean Dr APT 1007, Miami Beach, FL 33139

    0beds
    538sqft
    : 
    $4,346/mo
    Get pre-qualified
    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
    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.
    150 days
    |
    155
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Porat 305-587-6179,

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11969826MLS LogoOriginating 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

        DateEventPrice
        4/24/2026Price change$470,000-3.1%$874/sqft
        Source: MIAMI #A11969826 Report a problem
        2/24/2026Listed for sale$485,000-2.7%$901/sqft
        Source: MIAMI #A11969826 Report a problem
        1/1/2026Listing removed$498,500$927/sqft
        Source: MIAMI #A11876644 Report a problem
        9/11/2025Listed for sale$498,500$927/sqft
        Source: MIAMI #A11876644 Report a problem
        9/6/2025Listing removed$498,500$927/sqft
        Source: MIAMI #A11818203 Report a problem
        8/29/2025Listing removed$2,500$5/sqft
        Source: MIAMI #A11819679 Report a problem
        6/10/2025Listed for rent$2,500+0%$5/sqft
        Source: MIAMI #A11819679 Report a problem
        6/9/2025Listed for sale$498,500$927/sqft
        Source: MIAMI #A11818203 Report a problem
        5/28/2025Listing removed$498,500$927/sqft
        Source: BHHS EWM Realty #A11706494 Report a problem
        5/27/2025Listing removed$2,499$5/sqft
        Source: MIAMI #A11804943 Report a problem
        5/17/2025Listed for rent$2,499$5/sqft
        Source: MIAMI #A11804943 Report a problem
        4/5/2025Price change$498,500-4.1%$927/sqft
        Source: MIAMI #A11706494 Report a problem
        3/25/2025Price change$519,980-1%$967/sqft
        Source: MIAMI #A11706494 Report a problem
        3/4/2025Price change$524,999-4.5%$976/sqft
        Source: MIAMI #A11706494 Report a problem
        1/31/2025Price change$549,500-3.6%$1,021/sqft
        Source: BHHS EWM Realty #A11706494 Report a problem
        1/17/2025Price change$569,999-3.4%$1,059/sqft
        Source: BHHS EWM Realty #A11706494 Report a problem
        12/9/2024Listed for sale$589,999+96.7%$1,097/sqft
        Source: BHHS EWM Realty #A11706494 Report a problem
        11/30/2022Sold$300,000+25%$558/sqft
        Source: Public Record Report a problem
        11/4/2004Sold$240,000+182.4%$446/sqft
        Source: Public Record Report a problem
        1/5/2001Sold$85,000+21.4%$158/sqft
        Source: Public Record Report a problem
        6/2/1995Sold$70,000$130/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
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        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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