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For sale
    • $549,000

    401 Ocean Dr APT 722, Miami Beach, FL 33139

    1beds
    655sqft
    : 
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    Condominium
    Built in 1970
    -- sqft lot
    $517,000 Zestimate®
    $838/sqft
    $1,031/mo HOA

    What's special

    Oceanfront unitDirect beach accessGated securityGranite countertopsCovered parkingGenerous storageImported tile floors
    Owner Financing Available! A great opportunity for qualified buyers for this beautifully 1 bed, 1 bath oceanfront unit located in Miami Beach’s exclusive South of Fifth neighborhood. Enjoy breathtaking views of the Atlantic from your living room, bedroom, kitchen, and spacious balcony facing north. The unit features new hurricane-impact windows and sliders, imported tile floors, granite countertops, stainless steel appliances, and generous storage. Building amenities include a heated oceanfront pool, direct beach access, gated security, covered parking, and completed 40-year certification. Just steps from iconic destinations like Joe’s Stone Crab, South Pointe Park, Ocean Drive, and Prime 112—this is the ultimate South Beach lifestyle.
    399 days
    |
    146
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gipsy Ramos 786-399-0181,

    The Keyes Company

    Source: MIAMI,MLS#: A11823998MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
      Features
      • Custom Mirrors, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s)
      • Flooring: Ceramic Tile
      • Windows: Hurricane Shutters, Blinds
      Interior area
      • Total interior livable area: 655 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Assigned, Garage Door Opener
      • Attached garage spaces: 1
      Features
      • Entry location: First Floor Entry,Foyer
      • Fencing: Fenced
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Ocean Front
      Lot
      • Features: East Of Us1
      Details
      • Parcel number: 0242031201350

      Construction

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

      Community & HOA

      Community
      • Security: Smoke Detector, Complex Fenced, Intercom In Lobby
      • Application fee: $100
      • Subdivision: The Presidential Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Elevator(s)
      • HOA fee: $1,031 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $838/sqft
      • Tax assessed value: $414,670
      • Annual tax amount: $6,296
      • Date on market: 6/17/2025
      • Listing terms: All Cash,Owner Will Carry
      • Ownership: Corporation

        Estimated market value

        $517,000

        $491,000 - $543,000

        $2,339/mo

        Price history

        DateEventPrice
        7/2/2026Listed for rent$3,000+7.1%$5/sqft
        Source: MIAMI Report a problem
        9/16/2025Price change$549,000-6.6%$838/sqft
        Source: MIAMI #A11823998 Report a problem
        6/17/2025Listed for sale$588,000+20900%$898/sqft
        Source: MIAMI #A11823998 Report a problem
        7/13/2024Listing removed$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        6/12/2024Pending sale$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        6/6/2024Listing removed$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        5/29/2024Pending sale$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        5/29/2024Listing removed$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        5/22/2024Pending sale$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        5/17/2024Listing removed$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        5/15/2024Pending sale$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        5/15/2024Listing removed$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        5/13/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/13/2024Pending sale$2,800$4/sqft
        Source: The Keyes Company/Realtors #A11549966 Report a problem
        4/25/2024Price change$2,800-3.4%$4/sqft
        Source: Zillow Rentals Report a problem
        3/28/2024Listed for rent$2,900$4/sqft
        Source: Zillow Rentals Report a problem
        3/20/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/28/2024Listed for rent$2,900+54.7%$4/sqft
        Source: Zillow Rentals Report a problem
        1/30/2021Listing removed--
        Source: The Keyes Company/Realtors Report a problem
        9/19/2020Price change$1,875-6.3%$3/sqft
        Source: Miami The Falls #A10900293 Report a problem
        7/27/2020Listed for rent$2,000-4.8%$3/sqft
        Source: The Keyes Company #A10900293 Report a problem
        5/31/2018Listing removed$2,100$3/sqft
        Source: The Keyes Company Report a problem
        3/20/2018Listed for rent$2,100+6.3%$3/sqft
        Source: The Keyes Company #A10436692 Report a problem
        6/25/2014Listing removed$1,975$3/sqft
        Source: The Keyes Company #A1946885 Report a problem
        4/22/2014Listed for rent$1,975$3/sqft
        Source: Palmetto Bay #A1938805 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,271 +12%$372,735 +10%
        2024$6,490 +9.4%$338,850 +10%
        2023$5,934 +10.7%$308,046 +10%
        2022$5,363 +7.3%$280,042 +10%
        2021$4,997 +11.5%$254,584 +10%
        2020$4,481 -12.1%$231,440 -12%
        2019$5,097 -13.1%$263,000 -14.3%
        2018$5,867 $307,005 +10%
        2017$5,867 +10.4%$279,096 +9.5%
        2016$5,315 +11.9%$254,910 +10%
        2015$4,752 +11%$231,737 +10%
        2014$4,280 +11.2%$210,670 +1.8%
        2013$3,850 $206,910 +10%
        2012$3,850 -1.1%$188,100
        2011$3,894 -6.2%$188,100
        2010$4,151 +7.3%$188,100
        2009$3,869 -33.7%$188,100 -35%
        2007$5,838 +40.2%$289,390
        2006$4,164 --
        2005$4,164 +12.3%--
        2004$3,708 +30.3%--
        2003$2,846 +18.2%--
        2002$2,408 --
        2001$2,408 --
        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
        82 / 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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