401 Ocean Drive 1001, Miami Beach, FL 33139 (MLS# A12043385)

401 Ocean Drive 1001, Miami Beach, FL 33139

$499,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 667 Status: Active
Current Price: $499,000 List Date: 7/23/2026 Last Modified: 10/30/2026

Overview

Description

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 resid ...

Listing Details MLS# A12043385

General Property Information

Unit Floor #
10
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
667
Living Area Main
667
Adjusted Area Main
667
Year Built
1970
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
11

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Cable TV; Common Areas; Elevator; Pool Service Flooring: Ceramic Tile Special Listing Conditions: Real Estate Owned Appliances: Dishwasher; Electric Range; Microwave Water Heater Details: Electric Water Heater Construction Materials: Concrete Block - No Stucco; Pre-Cast Concrete Construction Cooling: Electric Association Type: Condominium Heating: Central Interior Features: Elevator Listing Terms: Cash; Conventional; FHA; FHA-VA Approved Pets Allowed YN: Yes Possession: Close Of Escrow Security Features: Elevator Secure; Fire Sprinkler System; Key Card Entry; Lobby - Attended Special Information: Sold As-Is Tax Information: City/County; Tax Reflects No Exemptions Unit Description: Interior Hallway; High Rise Water Access: Deeded Beach Access Water View: Bay; Intracoastal Waterfront Features: Ocean Front Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Deck Balcony Details: Balcony - Open

Contract Information

Comp Sale YN
No
Original List Price
525000
Occupant Type
Tenant

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
401
Street Name
Ocean
Street Suffix
Drive
Unit Number
1001
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
6633
Postal Zip
33139
Subdivision Name
THE PRESIDENTIAL CONDO
Area
2420
Elementary School
Miami Beach South Pointe
Middle Or Junior School
Miami Beach Nautilus
High School
Miami Beach
Special Assessment YN
No
Parcel Number
0242031201900
Subdivision Number
120
Flood Zone
AE

Financial Information

Association YN
Yes
Association Fee
1163
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
1163
Membership Fee Required YN
No
Tax Annual Amount
6478
Tax Year
2025
Tax Legal Description
THE PRESIDENTIAL CONDO UNIT 1001 TENTH FLOOR UNDIV .004481 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 20482-0375 0602 1 COC 26379-241

Status Change Information

Major Change Timestamp
2026-09-18T18:23:57Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-18T18:23:57Z
Status Change Date
2026-07-23

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
90

Price Calculations

Current Price To SqFt
748.12

Section Details

Parcel Number MLX
1900

Originating Details

Originating System Key
515433328
Originating System ID
M00000151
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: October - 30 - 2026
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