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$525,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 667 Sq. Ft.
  • Updated 1 hour ago
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South of Fifth. Oceanfront. Sunset Views. Welcome to 401 Ocean Drive, an exceptional opportunity to own in South of Fifth (SoFi)-Miami Beach's most coveted neighborhood. Perched on the 10th floor, this west-facing one-bedroom, one-bath residence offers breathtaking sunset and skyline views, filling the home with warm golden light each evening. Located directly on the sand, this oceanfront building sits along one of the most famous beaches in the world and adjacent to iconic Lummus Park, where miles of beachfront walking and biking paths are just outside your door. From morning coffee by the ocean to evening sunsets from your private balcony, every day feels like a vacation. SoFi is renowned for its walkability, luxury lifestyle, and world-class dining. Just moments away are celebrated restaurants including Joe's Stone Crab, Prime 112, Carbone, and Smith & Wollensky, along with South Pointe Park, the marina, and the vibrant energy of Ocean Drive. Whether you're looking for a primary residence, vacation home, or investment property, this residence offers an unbeatable combination of location, lifestyle, and value. At $525,000, this is one of the best opportunities to own an oceanfront property in South of Fifth-where luxury living, endless sunsets, and the best of Miami Beach come together.

Full Property Details for 401 Ocean Dr #1001

General

  • Price: $525,000
  • HOA FEE: $1,163/month
  • Taxes: $6,478 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12043385
  • Updated: Today (7/23/2026)
  • Added to Site: Today

Interior

  • Interior Features: Interior Hall, Lobby, Elevator, Fire Sprinklers
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: At Least 1 Bedroom Ground Level

Additional Information

  • Shared Amenities: Exercise Room, Heated Pool, Trash Chute
  • Maint. Includes: Cable Tv, Common Area, Elevator, Pool Service
  • Security/Safety: Fire Sprinklers, Doorman, Elevator Secure, Card Entry

Exterior

  • Exterior Features: Open Balcony
  • Deck/Patio: Deck, Open Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Space

Location

  • Area: The Presidential Condo
  • County: Miami-Dade County
  • Subdivision: THE PRESIDENTIAL CONDO
  • Building Name: The Presidential Condo

School Information

  • Elementary School: South Pointe
  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: The Presidential Condo
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Central

Structural Information

  • Architectural Style: High Rise
  • Structure Type: Condo 5+ Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block With Brick, Pre-Cast Concrete Construction
  • Entry Floor Number: 10
  • Building Size: 667
  • Square Feet: 667
  • Living Area: 667 Sq. Ft.
  • Year Built: 1970

Lot Features

  • Property View: Bay, Intracoastal View

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Ocean Front

Financial Considerations

  • Price Per Sq. Ft.: $787.11
  • Association Fee: $1,163
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $6,478
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, FHA-Va Approved

Disclosures and Reports

  • Legal Description: THE PRESIDENTIAL CONDO UNIT 1001 TENTH FLOOR UNDIV .004481 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 20482-0375 0602 1 COC 26379-241
  • Restrictions: No Daily Rentals
  • Inclusions: Deeded Beach Access
  • Property ID: 02-42-03-120-1900

Listed by Douglas Elliman

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Listing agent

— 401 Ocean Dr #1001 —

  • Douglas Elliman

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 401 Ocean Dr #1001 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/23/2026
Listed
$525,000
23.53%
MLS
2/04/2016
Sold
$425,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 401 Ocean Dr #1001

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,882
10%
$366,835
10%
2024
$6,267
-2%
$333,486
-5%
2023
$6,410
19%
$351,038
22%
2021
$5,397
-7%
$287,500
-10%
2022
$5,793
7%
$319,125
28%
2021
$5,397
11%
$250,000
—
2019
$4,845
-6%
$250,000
-8%
2018
$5,133
-23%
$272,955
-22%
2017
$6,664
3%
$349,942
5%
2016
$6,474
8%
$333,278
10%
2015
$6,003
104%
$302,980
64%
2014
$2,948
2%
$185,287
1%
2013
$2,895
—
$182,549
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Douglas Elliman

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401 Ocean Dr #1001, Miami Beach, FL 33139 (MLS# A12043385) is a Condo property with 1 bedroom and 1 full bathroom. 401 Ocean Dr #1001 is currently listed for $525,000 and was received on July 23, 2026. Want to learn more about 401 Ocean Dr #1001? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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