Condominium

401 Ocean Dr # 518

401 Ocean Dr # 518, Miami Beach FL 33139 Get directions

$1,250,000

For Sale New — 1 day on market

1 Bed · 1 Bath · 679 SqFt

See estimated monthly cost

This listing is courtesy of Douglas Elliman. Kristen Rosen Gonzalez

Overview

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-à-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.

Facts & features

Interior

Living area (sq ft)
679
Full bathrooms
1
  • Lobby
  • First Floor Entry
  • Bar
  • Built-in Features
  • Closet Cabinetry

Building & exterior

Year built
1970
Garage spaces
1
Covered spaces
1
Pool
Yes
Waterfront
Yes
  • Direct Ocean
  • Pool Area View
  • Ocean Front
  • East Of Us1
  • Open Balcony
  • 1 Space

HOA (homeowners association)

Association fee
$1,163 per month
Pets allowed
Yes
  • Bike Storage
  • Clubhouse-Clubroom
  • Community Room
  • Elevator(s)
  • Exercise Room
  • Exterior Lighting
  • Heated Pool
  • Other Membership Included
  • Pool
  • Private Pool
  • Corporate Buyer OK
  • No Daily Rentals
  • No Lease-1st Year Owned

Taxes

Annual tax
$11,400
Tax year
2025
Parcel number
02-42-03-120-0810

Assigned schools

Elementary
South Pointe
Middle
Nautilus
High
Miami Beach

Listing

MLS number
A12086074
Property type
Condominium
Price per SqFt
$1,841
Subdivision
THE PRESIDENTIAL CONDO
On market since
Sep 11, 2026
Days on market
1

Estimated monthly cost

$9,371 per month

Principal & interest (30 yr)
$6,321
Property tax
$950
Insurance (estimated)
$938
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

See this area on the search map

Nearby schools

  • BaseCamp 305 Jr Private · KG-KG · 0.36 mi
  • South Pointe Elementary School Private · 01-10 · 0.45 mi
  • Miami Beach South Pointe Elementary Public · PK-5 · 0.48 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.86 mi
  • Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.88 mi
  • Miami Beach Adult & Community Education Center Public · 0 · 0.90 mi
  • Fisher Island Day School Private · PK-08 · 0.96 mi

Similar homes nearby

Active listings within two miles, with a comparable size and price.

Comparables in this building

  • 401 Ocean Dr # 403, Miami Beach FL 33139 $415,000 Closed Sep 30, 2026 · 1 Bed · 1 Bath
  • 401 Ocean Dr # 324, Miami Beach FL 33139 $380,000 Closed Jul 31, 2026 · 1 Bed · 1 Bath
  • 401 Ocean Dr # 421, Miami Beach FL 33139 $472,000 Closed Jul 17, 2026 · 1 Bed · 1 Bath

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