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.
For sale
$475,000
401 Ocean Dr APT 602, Miami Beach, FL 33139
1beds
659sqft
Condominium
Built in 1970
-- sqft lot
$451,700 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
- 45 days
- 116
- 3
Zillow last checked:
Listing updated:
Listed by:
Richard Corrales 305-793-3230,
Silverleaf Realty Group
Source: MIAMI,MLS#: A12056754
Originating 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
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
$451,700
$429,000 - $474,000
$2,628/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for rent | $3,250+20.4%$5/sqft |
Source: | ||
| 6/30/2025 | Sold | $375,000-7.4%$569/sqft |
Source: | ||
| 6/15/2025 | Pending sale | $405,000$615/sqft |
Source: | ||
| 4/4/2025 | Listing removed | $2,700$4/sqft |
Source: | ||
| 4/1/2025 | Listed for rent | $2,700$4/sqft |
Source: | ||
| 3/3/2025 | Listed for sale | $405,000+102%$615/sqft |
Source: | ||
| 12/5/2024 | Listing removed | $2,700$4/sqft |
Source: | ||
| 12/3/2024 | Listed for rent | $2,700$4/sqft |
Source: | ||
| 11/7/2024 | Listing removed | $2,700$4/sqft |
Source: | ||
| 10/25/2024 | Listed for rent | $2,700-3.6%$4/sqft |
Source: | ||
| 10/19/2024 | Listing removed | $2,800$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2024 | Listed for rent | $2,800$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2024 | Listing removed | $2,800$4/sqft |
Source: | ||
| 9/3/2024 | Listed for rent | $2,800$4/sqft |
Source: | ||
| 8/29/2024 | Listing removed | $2,800$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/8/2024 | Price change | $2,800-3.4%$4/sqft |
Source: | ||
| 6/26/2024 | Listed for rent | $2,900+52.6%$4/sqft |
Source: | ||
| 11/1/2018 | Listing removed | $1,900$3/sqft |
Source: Keller Williams Realty Miami Beach #A10535267 Report a problem | ||
| 9/22/2018 | Price change | $1,900-5%$3/sqft |
Source: Keller Williams Realty Miami Beach #A10535267 Report a problem | ||
| 6/17/2018 | Price change | $2,000-4.8%$3/sqft |
Source: Strut Real Estate #A10451374 Report a problem | ||
| 4/12/2018 | Listed for rent | $2,100-27.6%$3/sqft |
Source: Strut Real Estate #A10451374 Report a problem | ||
| 5/28/2012 | Listing removed | $2,900$4/sqft |
Source: HOWARD CHASE REAL ESTATE, LLC #A1520864 Report a problem | ||
| 4/12/2012 | Price change | $2,900+16%$4/sqft |
Source: HOWARD CHASE REAL ESTATE, LLC #A1520864 Report a problem | ||
| 3/8/2012 | Price change | $2,500+19%$4/sqft |
Source: HOWARD CHASE REAL ESTATE, LLC #A1520864 Report a problem | ||
| 6/29/2011 | Listed for rent | $2,100$3/sqft |
Source: HOWARD CHASE REAL ESTATE, LLC #A1520864 Report a problem | ||
| 5/19/2011 | Sold | $200,500+0.3%$304/sqft |
Source: Agent Provided Report a problem | ||
| 1/22/2009 | Sold | $200,000+300%$303/sqft |
Source: Public Record Report a problem | ||
| 10/13/2001 | Sold | $50,000$76/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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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.









