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Sold for $340,000
  • $340,000

    401 Ocean Dr APT 607, Miami Beach, FL 33139

    0beds
    538sqft
    Condominium
    Built in 1970
    -- sqft lot
    $359,500 Zestimate®
    $632/sqft
    $2,213 Estimated rent

    Home value

    $359,500

    $327,000 - $395,000

    $2,213/mo

    Zestimate® history
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    What's special

    Best budget friendly opportunity to own an ocean front property in structurally and financially strong condominium with low HOA South of Fifth right on the beach. Spacious studio with direct ocean view overlooking the pool and Miami Beach signature tropical beach entrance. Open kitchen-living room plan awaiting your personal touches, brand new impact windows and sliding door, porcelain floors, newer central A/C unit, neat and clean. Low Maintainance fee includes: water, cable, internet, front desk security, commercial laundry facility on each floor, brand new pool & pool deck, landscaping, management company and additional storage space. HOA Reserve Funds. Fully paid assessments. 1 year min lease period after 1 year ownership

    Zillow last checked:

    Listing updated:

    Listed by:

    Krste Stojanoski 305-399-2007,

    London Foster Realty

    Bought with:

    Krste Stojanoski, 3321581

    London Foster Realty

    Krste Stojanoski, 3321581

    London Foster Realty

    Source: MIAMI,MLS#: A11589332MLS 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
    • Laundry: Common Area
    Features
    • Lobby, Closet Cabinetry, Kitchen Island, Custom Mirrors, Elevator
    • Flooring: Ceramic Tile
    • Doors: High Impact Doors
    Interior area
    • Total structure area: 538
    • Total interior livable area: 538 sqft

    Property

    Parking
    • Parking features: None, Garage Door Opener
    Accessibility
    • Accessibility features: Accessible
    Features
    • Entry location: First Floor Entry
    • Has private pool: Yes
    • Pool features: Private Pool
    • Has view: Yes
    • View description: Ocean, Pool, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Ocean Access
    Lot
    • Features: East Of Us1
    Details
    • Parcel number: 0242031200960

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete Block Construction, Block, CBS Construction
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 1970

    Utilities & green energy

    • Electric: Circuit Breakers

    Community & HOA

    Community
    • Security: Fire Alarm, Doorman, Elevator Secure, Phone Entry, Secured Garage/Parking, Security Guard, Lobby Secured, Security Service, TV Camera
    • Application fee: $150
    • Subdivision: The Presidential Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Community Room, Storage, Hobby Room, Sauna
    • HOA fee: $620 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $632/sqft
    • Tax assessed value: $301,661
    • Annual tax amount: $4,467
    • Date on market: 6/3/2024
    • Listing terms: All Cash

    Price history

    DateEventPrice
    7/24/2024Sold$340,000-9.3%$632/sqft
    Source: MIAMI #A11589332 Report a problem
    6/28/2024Pending sale$375,000$697/sqft
    Source: MIAMI #A11589332 Report a problem
    6/3/2024Listed for sale$375,000+36.4%$697/sqft
    Source: MIAMI #A11589332 Report a problem
    11/5/2020Listing removed$275,000$511/sqft
    Source: Keller Williams Miami Beach Realty #A10915090 Report a problem
    10/15/2020Listing removed$1,500$3/sqft
    Source: Keller Williams Realty Miami Beach #A10905198 Report a problem
    10/10/2020Price change$1,500-6.3%$3/sqft
    Source: Keller Williams Realty Miami Beach #A10905198 Report a problem
    8/21/2020Listed for sale$275,000+5.8%$511/sqft
    Source: Keller Williams Miami Beach Realty #A10915090 Report a problem
    8/5/2020Listed for rent$1,600+6.7%$3/sqft
    Source: Keller Williams Miami Beach Realty #A10905198 Report a problem
    12/17/2019Listing removed$1,500$3/sqft
    Source: Keller Williams Realty Miami Beach #A10740185 Report a problem
    12/6/2019Price change$1,500-3.2%$3/sqft
    Source: Keller Williams Realty Miami Beach #A10740185 Report a problem
    10/2/2019Price change$1,550-3.1%$3/sqft
    Source: Keller Williams Realty Miami Beach #A10740185 Report a problem
    9/16/2019Listed for rent$1,600$3/sqft
    Source: Keller Williams Miami Beach Realty #A10740185 Report a problem
    7/23/2018Listing removed$1,600$3/sqft
    Source: Worldwide Properties #A10450089 Report a problem
    6/4/2018Price change$1,600-3%$3/sqft
    Source: Worldwide Properties #A10450089 Report a problem
    5/21/2018Price change$1,650-2.9%$3/sqft
    Source: Worldwide Properties #A10450089 Report a problem
    4/12/2018Listed for rent$1,700+9.7%$3/sqft
    Source: Worldwide Properties #A10450089 Report a problem
    5/6/2017Listing removed$1,550$3/sqft
    Source: Brown Harris Stevens #A10257399 Report a problem
    4/26/2017Price change$1,550+3.3%$3/sqft
    Source: Brown Harris Stevens #A10257399 Report a problem
    4/25/2017Listed for rent$1,500$3/sqft
    Source: Brown Harris Stevens #A10257399 Report a problem
    5/13/2013Sold$260,000-5.5%$483/sqft
    Source: Public Record Report a problem
    2/18/2013Pending sale$275,000$511/sqft
    Source: SunCoast Beach Rlty Inc. #A1704673 Report a problem
    10/26/2012Listed for sale$275,000-0.7%$511/sqft
    Source: SunCoast Beach Rlty Inc. #A1704673 Report a problem
    10/19/2005Sold$277,000+38.5%$515/sqft
    Source: Public Record Report a problem
    6/14/2005Sold$200,000$372/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,659 +15.8%$301,661 +16%
    2024$4,887 +9.4%$260,053 +10%
    2023$4,467 +10.6%$236,412 +10%
    2022$4,038 -2.7%$214,920
    2021$4,150 -0.3%$214,920
    2020$4,161 +7.9%$214,920 +8%
    2019$3,856 -23.9%$199,000 -24%
    2018$5,069 $261,706 +10%
    2017$5,069 +10.4%$237,915 +10%
    2016$4,592 +13.9%$216,287 +10%
    2015$4,032 +11%$196,625 +10%
    2014$3,632 +36.5%$178,750 +3.2%
    2013$2,661 $173,134 +1.7%
    2012$2,661 -1%$170,240
    2011$2,689 -28.4%$170,240
    2010$3,757 +40.5%$170,240
    2009$2,673 -30.2%$170,240 -10.3%
    2007$3,828 +1.6%$189,758
    2006$3,768 --
    2005$3,768 +42.5%--
    2004$2,645 +30.3%--
    2003$2,030 +18.2%--
    2002$1,717 --
    2001$1,717 --
    Find assessor info on the county website

    Neighborhood: South Pointe

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Pointe
    • Middle: Feinberg-Fisher K8
    • 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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    Estimated market value
    $359,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $359,500