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Sold for $340,000
  • $340,000

    401 Ocean Drive #701, Miami Beach, FL 33139

    1beds
    667sqft
    Condominium
    Built in 1970
    -- sqft lot
    $442,100 Zestimate®
    $510/sqft
    $2,398 Estimated rent

    Home value

    $442,100

    $389,000 - $504,000

    $2,398/mo

    Zestimate® history
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    What's special

    South Beach. Great location on South Side of Ocean Drive. Condo - Corner unit on 7th floor. Direct view on Ocean Drive. All tourists' attractions and Historical South Beach City Area. All impact windows and balcony sliding door installed just year ago. Heated pool and pool area deck with Ocean View for residents relaxing. Social Club space with TV and ocean view for resident's usage. Security Guard on daily duty. Secured property access by Fab or Code. All Best Miami Beaches Around. South Beach City Walk just on the back of the building. Direct secure access from the building to the Beach Side. Garage sign Garage Parking space for this unit, available. Needs to be finish with unit renovation by new owner. Partly furnished. Best location of the Building and Gorgeous view from balcony

    Zillow last checked:

    Listing updated:

    Listed by:

    Roman Tryndus 754-235-0378,

    United Realty Group Inc

    Bought with:

    John G. McCarthy, 3399205

    Coldwell Banker Realty

    John G. McCarthy, 3399205

    Coldwell Banker Realty

    Source: BeachesMLS,MLS#: F10481092MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Range, Oven, Water Softener, Water Heater, Water Purifier
    Features
    • Bedroom on Main Level, Elevator, Other, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Laminate, Other, Wood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 667 sqft

    Property

    Parking
    • Total spaces: 37
    • Parking features: Covered
    • Garage spaces: 1
    Features
    • Patio & porch: Open, Porch, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Fencing: Fenced
    • Has view: Yes
    • View description: Clubhouse, Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front, Other
    Details
    • Parcel number: 0242031201150
    • On leased land: Yes
    • Lease amount: $0
    • Other equipment: Other

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Gated
    • Security: Gated Community, Phone Entry, Smoke Detector(s), Security Fence, Security Guard
    • Subdivision: The Presidential # 701
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Pool, Parking, Security, Elevator(s)
    • Services included: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
    • HOA fee: $1,031 monthly
    • Second HOA fee: $1,031 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $510/sqft
    • Tax assessed value: $355,095
    • Annual tax amount: $6,066
    • Date on market: 1/15/2025
    • Cumulative days on market: 198 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/10/2025Sold$340,000-14.8%$510/sqft
    Source: BeachesMLS #F10481092 Report a problem
    5/7/2025Price change$399,000-2.7%$598/sqft
    Source: BeachesMLS #F10481092 Report a problem
    2/3/2025Price change$409,900-2.4%$615/sqft
    Source: BeachesMLS #F10481092 Report a problem
    1/15/2025Listed for sale$420,000-6.7%$630/sqft
    Source: BeachesMLS #F10481092 Report a problem
    1/6/2025Listing removed$450,000$675/sqft
    Source: BeachesMLS #F10464777 Report a problem
    11/30/2024Price change$450,000-13.5%$675/sqft
    Source: BeachesMLS #F10464777 Report a problem
    10/3/2024Listed for sale$520,000$780/sqft
    Source: BeachesMLS #F10464777 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,662 +9.8%$355,095 +10%
    2024$6,066 -2.2%$322,814 +0.2%
    2023$6,205 +10.7%$322,102 +10%
    2022$5,608 +7.3%$292,820 +10%
    2021$5,225 +11.5%$266,200 +10%
    2020$4,685 -0.1%$242,000
    2019$4,690 -5.9%$242,000 -8.7%
    2018$4,982 $264,928 -12%
    2017$4,982 -17%$301,085 +10%
    2016$6,003 +13.8%$273,714 +10%
    2015$5,274 +14.8%$248,831 +10%
    2014$4,596 +11.2%$226,210
    2013$4,134 $226,210 +12%
    2012$4,134 -1.1%$201,970
    2011$4,181 -6.2%$201,970
    2010$4,457 +7.3%$201,970
    2009$4,155 -33.7%$201,970 -35%
    2007$6,269 +40.2%$310,730
    2006$4,471 --
    2005$4,471 +30.7%--
    2004$3,421 +8.6%--
    2003$3,152 +18.2%--
    2002$2,666 --
    2001$2,666 --
    Find assessor info on the county website

    Neighborhood: South Pointe

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $442,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $442,100