Date
Details
Price
Change
Source
9/11/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,250,000
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Property Description
An Oceanfront Jewel Box in the Sky | $1,250,000 Welcome to an extraordinary opportunity at 401 Ocean Drive in the heart of South of Fifth. This stunning one-bedroom, one-bath residence is a true jewel box in the sky, with mesmerizing turquoise Atlantic views visible from virtually every inch of the home. Beautifully renovated to the highest standard, the residence combines sophisticated design with the energy of South Beach living. Disco lighting throughout creates the perfect atmosphere for entertaining, while an in-unit washer and dryer adds everyday convenience. Stylish, polished, and completely turnkey, this is the ultimate South Beach entertaining pad. Set within The Presidential, an oceanfront condominium with private beach club access, the location is unmatched. Step outside and walk to the beach, South Pointe Park, world-class restaurants, cafés, nightlife, and the marina. Whether enjoyed as a glamorous pied-á-terre, full-time residence, or coastal escape, this is a rare opportunity to own a piece of the Miami Beach dream-where the ocean is your backdrop and every day feels like a vacation. Offered at $1,250,000.
Full Property Details
Full Property Details for 401 Ocean Dr #518
General
- Price: $1,250,000
- HOA FEE: $1,163/month
- Taxes: $11,400 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12086074
- Updated: 9/11/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry, Bar, Built-in Features, Closet Cabinetry
- Appliances: Electric Range, Refrigerator, Self-Cleaning Oven, Wall Oven, Washer
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Primary Bath Shower, Primary Bath Tub
Additional Information
- Shared Amenities: Bike Storage, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Other Membership Included, Pool, Private Pool
- Maint. Includes: All Amenities, Insurance, Landscaping/Lawn Maintenance, Outside Maintenance, Parking, Pool Service, Recreation Facilities, Reserve Fund, Roof Repairs, Security, Sewer, Trash Removal
- Security/Safety: Doorman, Phone Entry, Secured Garage/Parking
Exterior
- Exterior Features: East Of Us1, Open Balcony
- Deck/Patio: 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: 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: Central Air
- Heating Type: Electric
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Windows: Hurricane Shutters
- Entry Floor Number: 5
- Building Size: 679
- Square Feet: 679
- Living Area: 679 Sq. Ft.
- Year Built: 1970
- Property Condition: Completely Renovated
Lot Features
- Property View: Direct Ocean, Pool Area View
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,840.94
- Association Fee: $1,163
- Assoc Fee Freq.: Monthly
- Tax Amount: $11,400
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, FHA-Va Approved
Disclosures and Reports
- Legal Description: THE PRESIDENTIAL CONDO UNIT 518 FIFTH FLOOR UNDIV .004886 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 18786-4264 0999 1
- Restrictions: Corporate Buyer OK, No Daily Rentals, No Lease-1st Year Owned
- Inclusions: Deeded Beach Access
- Property ID: 02-42-03-120-0810
Listed by Douglas Elliman
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Listing agent
— 401 Ocean Dr #518 —
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Price & Sales History for 401 Ocean Dr #518
Tax History
Tax History for 401 Ocean Dr #518
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,960
8%
$637,544
5%
2024
$11,027
11%
$607,185
16%
2023
$9,891
21%
$523,435
22%
2021
$8,154
-7%
$428,694
-10%
2022
$8,754
7%
$475,850
17%
2021
$8,154
22%
$408,280
18%
2019
$6,705
—
$346,000
-3%
2018
$6,700
4%
$356,319
5%
2017
$6,462
-10%
$339,351
-8%
2016
$7,165
3%
$368,860
9%
2015
$6,933
11%
$338,118
10%
2014
$6,245
1%
$307,380
2%
2013
$6,183
—
$301,895
—
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 #518
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401 Ocean Dr #518, Miami Beach, FL 33139 (MLS# A12086074) is a Condo property with 1 bedroom and 1 full bathroom. 401 Ocean Dr #518 is currently listed for $1,250,000 and was received on September 11, 2026. Want to learn more about 401 Ocean Dr #518? 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.