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$475,000 Just Listed
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Property Description
Discover the epitome of luxury living at 401 Ocean Drive, where every moment is a celebration of the South of Fifth lifestyle! This beautifully updated 1-bedroom plus den residence is not just a home; it's a masterpiece waiting for you to experience. Imagine stepping out of your door and onto the sun-kissed sands, with your light-filled condo offering a spacious open layout that seamlessly connects to a modern renovated kitchen, perfect for culinary creations and entertaining friends. The oversized private balcony is your personal oasis, where you can unwind while soaking in breathtaking sunset views that will leave you mesmerized. The versatile den is an ideal sanctuary for a home office or a chic guest retreat, complemented by generous closet space for all your essentials. Nestled in a meticulously maintained oceanfront building that boasts a completed 50-year recertification and reserve study, residents indulge in resort-style amenities: direct beach access, a sparkling saltwater pool, a rejuvenating sauna, round-the-clock security, gated entry, and an exquisitely renovated pool deck - all with a fitness center on the horizon! Positioned in the vibrant heart of Miami Beach's coveted South of Fifth neighborhood, this residence is more than just a property; it's an invitation to elevate your lifestyle to new heights. Don't let this extraordinary opportunity slip away.
Full Property Details
Full Property Details for 401 Ocean Dr #602
General
- Price: $475,000
- HOA FEE: $1,134/month
- Taxes: $7,625 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12056754
- Updated: 7/22/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Interior Hall, Lobby, First Floor Entry, Built-in Features
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: None
Additional Information
- Shared Amenities: Pool
- Maint. Includes: All Amenities
- Security/Safety: Complex Fenced, Doorman, Elevator Secure, Card Entry
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: None, On Street
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: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 6
- Building Size: 659
- Square Feet: 659
- Living Area: 659 Sq. Ft.
- Year Built: 1970
Lot Features
- Property View: Other View
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Access
Financial Considerations
- Price Per Sq. Ft.: $720.79
- Association Fee: $1,134
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,625
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: THE PRESIDENTIAL CONDO UNIT 602 SIXTH FLOOR UNDIV .003832 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 20216-1512 1201 5
- Restrictions: No Daily Rentals, No Lease First 2 years
- Inclusions: Other
- Property ID: 02-42-03-120-0910
Listed by Silverleaf Realty Group
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Price & Sales History for 401 Ocean Dr #602
Date
Details
Price
Change
Source
7/21/2026
Listed
$475,000
26.67%
MLS
6/26/2025
Sold
$375,000
—
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 #602
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,549
10%
$349,099
10%
2024
$5,964
-3%
$317,363
-5%
2023
$6,134
19%
$334,066
22%
2021
$5,165
-7%
$273,600
-10%
2022
$5,544
7%
$303,696
27%
2021
$5,165
11%
$240,000
—
2019
$4,651
-2%
$240,000
-5%
2018
$4,746
6%
$252,400
8%
2017
$4,463
-7%
$234,379
-5%
2016
$4,792
-2%
$246,715
4%
2015
$4,881
11%
$238,062
10%
2014
$4,397
1%
$216,420
2%
2013
$4,353
—
$212,553
—
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 #602
401 Ocean Dr #602, Miami Beach, FL 33139 (MLS# A12056754) is a Condo property with 1 bedroom and 1 full bathroom. 401 Ocean Dr #602 is currently listed for $475,000 and was received on July 21, 2026. Want to learn more about 401 Ocean Dr #602? 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.

