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$950,000
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Property Description
Wake up to breathtaking direct ocean views from this rarely available, highly sought-after east-facing corner residence with parking: perfectly positioned directly on the sand in the prestigious South of Fifth neighborhood. The largest floor plan in the building, this exceptional residence has been thoughtfully reconfigured to maximize both space and functionality. The spacious primary bedroom is complemented by a versatile den/guest room, offering the flexibility of a second sleeping area, home office, or media room. The open-concept kitchen features granite countertops and flows seamlessly into the light-filled living and dining areas, all designed to showcase the spectacular Atlantic views. Additional highlights include a beautifully updated bathroom with a Jacuzzi tub, generous closet space, central A/C, impact windows and doors, and a private oceanfront balcony where you can relax to the soothing sound of the waves. This newly updated oceanfront building offers a heated beachfront pool, bike storage, community room, and complimentary beach service with two lounge chairs and an umbrella for each residence. The building has been completely renovated, successfully completed its required recertification, and maintains reserves, providing added confidence for owners. An exceptional opportunity to experience the ultimate Miami Beach beachfront lifestyle.
Full Property Details
Full Property Details for 401 Ocean Dr #316
General
- Price: $950,000
- HOA FEE: $1,163/month
- Taxes: $12,528 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12067139
- Updated: 8/7/2026
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Built-in Features, Stacked Bedroom, Den/Library/Office
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Furnishings: Furnished, Furniture Negotiable
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level
Other Rooms
- Living Room: Den/Library/Office Sq. Ft.
- Dining Room: Family/Dining Combination
- Laundry: Common Area
Additional Information
- Shared Amenities: Bike Storage, Laundry, Community Room, Elevator(s), Heated Pool, Pool, Sauna, Trash Chute
- Maint. Includes: Cable Tv, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Laundry Facilities, Legal/Accounting, Manager, Parking, Pest Control Interior, Pool Service, Reserve Fund, Sewer, Trash Removal, Water
- Security/Safety: Intercom In Lobby, TV Camera
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Assigned
Location
- Area: The Presidential Condo
- County: Miami-Dade County
- Subdivision: THE PRESIDENTIAL CONDO, The Presidential Con
- Building Name: The Presidential
- Direction Faces: East
School Information
- Elementary School: South Pointe
Community
- Community Name: The Presidential Condo
- Association: Yes
- Units Assoc/Comm: 238
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Clear Impact Glass, High Impact Windows, Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 3
- Square Feet: 747
- Living Area: 747 Sq. Ft.
- Year Built: 1970
Unit Information
- Units in Complex: 238
Lot Features
- Property View: Ocean View, Direct Ocean
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,271.75
- Association Fee: $1,163
- Assoc Fee Freq.: Monthly
- Tax Amount: $12,528
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: THE PRESIDENTIAL CONDO UNIT 316 THIRD FLOOR UNDIV .004765 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 19279-607 0900 1
- Restrictions: No Lease-1st Year Owned, Ok To Lease
- Inclusions: Deeded Beach Access, Beach Access
- Property ID: 02-42-03-120-0290
Listed by The Keyes Company
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Price & Sales History for 401 Ocean Dr #316
Date
Details
Price
Change
Source
8/06/2026
Listed
$950,000
367.98%
MLS
9/13/2000
Sold
$203,000
—
Public Record
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
Tax History for 401 Ocean Dr #316
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,050
8%
$691,794
3%
2024
$12,084
11%
$669,239
16%
2023
$10,839
19%
$576,930
22%
2021
$9,123
-7%
$472,506
-10%
2022
$9,797
7%
$524,482
18%
2021
$9,123
18%
$445,760
12%
2019
$7,713
3%
$398,000
—
2018
$7,493
-1%
$398,495
—
2017
$7,589
—
$398,495
9%
2016
$7,584
10%
$364,597
10%
2015
$6,911
13%
$331,452
10%
2014
$6,122
29%
$301,320
10%
2013
$4,747
—
$273,613
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 401 Ocean Dr #316
401 Ocean Dr #316, Miami Beach, FL 33139 (MLS# A12067139) is a Condo property with 2 bedrooms and 1 full bathroom. 401 Ocean Dr #316 is currently listed for $950,000 and was received on August 06, 2026. Want to learn more about 401 Ocean Dr #316? 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.

