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$549,000
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Property Description
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.
Full Property Details
Full Property Details for 401 Ocean Dr #722
General
- Price: $549,000
- HOA FEE: $1,031/month
- Taxes: $6,296 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11823998
- Updated: 9/16/2025
- Added to Site: 214 day(s) ago
Interior
- Interior Features: First Floor Entry, Custom Mirrors, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Other
Other Rooms
- Dining Room: Dining/Living Room, Snack Bar/Counter
Additional Information
- Shared Amenities: Elevator(s)
- Maint. Includes: Cable Tv
- Security/Safety: Smoke Detector, Complex Fenced, Intercom In Lobby
- Equipment: Automatic Garage Door Opener
Exterior
- Exterior Features: East Of Us1
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
- Building Name: THE PRESIDENTIAL CONDO
- Direction Faces: Northeast
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: The Presidential Condo
- Association: Yes
- Units Assoc/Comm: 236
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Hurricane Shutters, Blinds
- Entry Floor Number: 7
- Entry Location: Foyer
- Square Feet: 655
- Living Area: 655 Sq. Ft.
- Year Built: 1970
Unit Information
- Units in Complex: 236
Lot Features
- Property View: Ocean View, Water View
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $838.17
- Association Fee: $1,031
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,296
- Tax Year: 2024
- Terms: All Cash, Owner Will Carry
Disclosures and Reports
- Ownership: Corporation
- Legal Description: THE PRESIDENTIAL CONDO UNIT 722 SEVENTH FLOOR UNDIV .004197 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 21071-1618 02 2003 4
- Restrictions: Ok To Lease, Okay To Lease 1st Year, See Broker Remarks
- Inclusions: Other
- Property ID: 02-42-03-120-1350
Listed by The Keyes Company
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Schools
Schools serving 401 Ocean Dr #722
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.5 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.9 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 Ocean Dr #722
Date
Details
Price
Change
Source
9/16/2025
Price Reduced
$549,000
-6.63%
MLS
6/17/2025
Listed
$588,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 401 Ocean Dr #722
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,490
9%
$357,474
10%
2023
$5,934
19%
$324,976
22%
2021
$4,997
-7%
$266,156
-10%
2022
$5,363
7%
$295,433
28%
2021
$4,997
-2%
$231,440
-12%
2019
$5,097
-13%
$263,000
-14%
2018
$5,867
10%
$307,005
10%
2017
$5,315
—
$279,096
9%
2016
$5,306
12%
$254,910
10%
2015
$4,752
11%
$231,737
10%
2014
$4,280
1%
$210,670
2%
2013
$4,238
—
$206,910
—
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 #722
401 Ocean Dr #722, Miami Beach, FL 33139 (MLS# A11823998) is a Condo property with 1 bedroom and 1 full bathroom. 401 Ocean Dr #722 is currently listed for $549,000 and was received on June 17, 2025. Want to learn more about 401 Ocean Dr #722? 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.

