Condominium
401 Ocean Dr # 1001
401 Ocean Dr # 1001, Miami Beach FL 33139 Get directions
$499,000
1 Bed · 1 Bath · 667 SqFt
See estimated monthly costThis listing is courtesy of Douglas Elliman. Kristen Rosen Gonzalez
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 667
- Full bathrooms
- 1
- Interior Hall
- Lobby
- Elevator
- Fire Sprinklers
Building & exterior
- Year built
- 1970
- Garage spaces
- 1
- Covered spaces
- 1
- Waterfront
- Yes
- Bay
- Intracoastal View
- Ocean Front
- Open Balcony
- 1 Space
HOA (homeowners association)
- Association fee
- $1,163 per month
- Pets allowed
- Yes
- Exercise Room
- Heated Pool
- Trash Chute
- No Daily Rentals
Taxes
- Annual tax
- $6,478
- Tax year
- 2025
- Parcel number
- 02-42-03-120-1900
Assigned schools
- Elementary
- South Pointe
- Middle
- Nautilus
- High
- Miami Beach
Listing
- MLS number
- A12043385
- Property type
- Condominium
- Price per SqFt
- $748
- Sale condition
- Foreclosure
- Subdivision
- THE PRESIDENTIAL CONDO
- On market since
- Jul 23, 2026
- Days on market
- 57
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 23, 2026 | Listed | $525,000 | — |
| Sep 18, 2026 | Price change | $499,000 | −$26,000 (−5.0%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$4,600 per month
- Principal & interest (30 yr)
- $2,523
- Property tax
- $540
- Insurance (estimated)
- $374
- Association fee
- $1,163
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- BaseCamp 305 Jr
- South Pointe Elementary School
- Miami Beach South Pointe Elementary
- Lubavitch Educational Center - Yeshiva Gedolah
- Miami Beach Fienberg/Fisher K-8 Center
- Miami Beach Adult & Community Education Center
- Fisher Island Day School
Similar homes nearby
Active listings within two miles, with a comparable size and price.
401 Ocean Dr # 602, Miami Beach FL 33139
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3D Tour
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Price cut: $5,000 (−1.1%)
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Comparables in this building
- 401 Ocean Dr # 810, Miami Beach FL 33139 $440,000
- 401 Ocean Dr # 403, Miami Beach FL 33139 $415,000
- 401 Ocean Dr # 324, Miami Beach FL 33139 $380,000
- 401 Ocean Dr # 421, Miami Beach FL 33139 $472,000
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