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For sale
  • $475,000

    401 Ocean Dr APT 602, Miami Beach, FL 33139

    1beds
    659sqft
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    Condominium
    Built in 1970
    -- sqft lot
    $446,800 Zestimate®
    $721/sqft
    $1,134/mo HOA

    What's special

    Direct beach accessModern renovated kitchenSparkling saltwater poolExquisitely renovated pool deckMeticulously maintained oceanfront buildingVersatile denRejuvenating sauna
    Discover the epitome of luxury living at 401 Ocean Drive, where every moment is a celebration of the South of Fifth lifestyle! This beautifully updated 1-bedroom plus den residence is not just a home; it's a masterpiece waiting for you to experience. Imagine stepping out of your door and onto the sun-kissed sands, with your light-filled condo offering a spacious open layout that seamlessly connects to a modern renovated kitchen, perfect for culinary creations and entertaining friends. The oversized private balcony is your personal oasis, where you can unwind while soaking in breathtaking sunset views that will leave you mesmerized. The versatile den is an ideal sanctuary for a home office or a chic guest retreat, complemented by generous closet space for all your essentials. Nestled in a meticulously maintained oceanfront building that boasts a completed 50-year recertification and reserve study, residents indulge in resort-style amenities: direct beach access, a sparkling saltwater pool, a rejuvenating sauna, round-the-clock security, gated entry, and an exquisitely renovated pool deck — all with a fitness center on the horizon! Positioned in the vibrant heart of Miami Beach’s coveted South of Fifth neighborhood, this residence is more than just a property; it’s an invitation to elevate your lifestyle to new heights. Don’t let this extraordinary opportunity slip away.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Corrales 305-793-3230,

    Silverleaf Realty Group

    Source: MIAMI,MLS#: A12056754MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator
      Features
      • Interior Hall, Lobby, Built-in Features
      • Flooring: Ceramic Tile
      Interior area
      • Total structure area: 659
      • Total interior livable area: 659 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: None, On Street
      • Has uncovered spaces: Yes
      Features
      • Entry location: First Floor Entry
      • Exterior features: Balcony
      • Pool features: Association
      • Has view: Yes
      • View description: Other
      • Waterfront features: Ocean Access
      Details
      • Parcel number: 0242031200910

      Construction

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

      Community & HOA

      Community
      • Security: Complex Fenced, Doorman, Elevator Secure, Card Entry
      • Application fee: $150
      • Subdivision: The Presidential Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Pool
      • HOA fee: $1,134 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $721/sqft
      • Tax assessed value: $349,099
      • Annual tax amount: $7,625
      • Date on market: 7/21/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $446,800

        $424,000 - $469,000

        $2,365/mo

        Price history

        DateEventPrice
        7/22/2026Listed for rent$3,250+20.4%$5/sqft
        Source: MIAMI #A12057512 Report a problem
        6/30/2025Sold$375,000-7.4%$569/sqft
        Source: MIAMI #A11755346 Report a problem
        6/15/2025Pending sale$405,000$615/sqft
        Source: MIAMI #A11755346 Report a problem
        4/4/2025Listing removed$2,700$4/sqft
        Source: MIAMI #A11703352 Report a problem
        4/1/2025Listed for rent$2,700$4/sqft
        Source: MIAMI #A11703352 Report a problem
        3/3/2025Listed for sale$405,000+102%$615/sqft
        Source: MIAMI #A11755346 Report a problem
        12/5/2024Listing removed$2,700$4/sqft
        Source: MIAMI #A11703352 Report a problem
        12/3/2024Listed for rent$2,700$4/sqft
        Source: MIAMI #A11703352 Report a problem
        11/7/2024Listing removed$2,700$4/sqft
        Source: MIAMI #A11611015 Report a problem
        10/25/2024Listed for rent$2,700-3.6%$4/sqft
        Source: MIAMI #A11611015 Report a problem
        10/19/2024Listing removed$2,800$4/sqft
        Source: Zillow Rentals Report a problem
        10/3/2024Listed for rent$2,800$4/sqft
        Source: Zillow Rentals Report a problem
        10/3/2024Listing removed$2,800$4/sqft
        Source: MIAMI #A11611015 Report a problem
        9/3/2024Listed for rent$2,800$4/sqft
        Source: MIAMI #A11611015 Report a problem
        8/29/2024Listing removed$2,800$4/sqft
        Source: Zillow Rentals Report a problem
        7/8/2024Price change$2,800-3.4%$4/sqft
        Source: MIAMI #A11611015 Report a problem
        6/26/2024Listed for rent$2,900+52.6%$4/sqft
        Source: MIAMI #A11611015 Report a problem
        11/1/2018Listing removed$1,900$3/sqft
        Source: Keller Williams Realty Miami Beach #A10535267 Report a problem
        9/22/2018Price change$1,900-5%$3/sqft
        Source: Keller Williams Realty Miami Beach #A10535267 Report a problem
        6/17/2018Price change$2,000-4.8%$3/sqft
        Source: Strut Real Estate #A10451374 Report a problem
        4/12/2018Listed for rent$2,100-27.6%$3/sqft
        Source: Strut Real Estate #A10451374 Report a problem
        5/28/2012Listing removed$2,900$4/sqft
        Source: HOWARD CHASE REAL ESTATE, LLC #A1520864 Report a problem
        4/12/2012Price change$2,900+16%$4/sqft
        Source: HOWARD CHASE REAL ESTATE, LLC #A1520864 Report a problem
        3/8/2012Price change$2,500+19%$4/sqft
        Source: HOWARD CHASE REAL ESTATE, LLC #A1520864 Report a problem
        6/29/2011Listed for rent$2,100$3/sqft
        Source: HOWARD CHASE REAL ESTATE, LLC #A1520864 Report a problem
        5/19/2011Sold$200,500+0.3%$304/sqft
        Source: Agent Provided Report a problem
        1/22/2009Sold$200,000+300%$303/sqft
        Source: Public Record Report a problem
        10/13/2001Sold$50,000$76/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,549 +9.8%$349,099 +10%
        2024$5,964 -2.8%$317,363 -0.7%
        2023$6,134 +10.6%$319,440 +10%
        2022$5,544 +7.3%$290,400 +10%
        2021$5,165 +11.2%$264,000 +10%
        2020$4,646 -0.1%$240,000
        2019$4,651 -2%$240,000 -4.9%
        2018$4,746 $252,400 +7.7%
        2017$4,746 +6.3%$234,379 -5%
        2016$4,463 -8.6%$246,715 +3.6%
        2015$4,881 +11%$238,062 +10%
        2014$4,397 +11.2%$216,420 +1.8%
        2013$3,955 $212,553 +10%
        2012$3,955 -1.1%$193,230
        2011$4,000 -6.2%$193,230
        2010$4,264 +7.3%$193,230
        2009$3,975 -33.7%$193,230 -35%
        2007$5,998 +40.2%$297,280
        2006$4,277 --
        2005$4,277 +37.1%--
        2004$3,121 +11.8%--
        2003$2,791 +18.2%--
        2002$2,361 --
        2001$2,361 --
        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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