401 Ocean Drive 1007, Miami Beach, FL 33139

$470,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11969826

Property Type: Residential Baths: 1 Square Footage: 538 Status: Active

Current Price: $470,000 List Date: 2/24/2026 Last Modified: 7/09/2026

Overview

Description

Direct ocean view living in the highly sought-after South of Fifth neighborhood. The only direct ocean view unit currently available in the building, this spacious 538 SF deluxe studio offers stunning sunrise & Atlantic scenery from your private balcony in a true oceanfront building — the ultimate pied-à-terre or year-round dream home. Meticulously renovated with over $100,000 in high-end upgrades, the sleek designer kitchen features striking black quartz countertops, crisp contemporary white cabinetry, and stainless steel appliances. Calacatta porcelain flooring flows throughout the residence, creating a clean, modern feel. The spa-inspired bathroom is finished in matching Calacatta porcelain on the floors and walls, complemented by a contemporary wood-tone vanity, LED mirror, glass-enclosed shower, and modern fixtures. New impact windows frame breathtaking ocean views, and an abundance of closet space enhances comfort. Located in a modernized, secure, gated oceanfront building, wi ... (Read more)

Listing Details MLS# A11969826

General Property Information

Unit Floor #: 10
Property Sub Type: Condominium
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 538
Living Area Main: 538
Adjusted Area Main: 538
Year Built: 1970
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 11
Direction Faces: East
Furnished: Unfurnished

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Cable TV; Elevator; Hot Water; Insurance; Internet; Maintenance Grounds; Pest Control; Security; Sewer; Trash; Water Dining Area: Breakfast Area; Formal Dining Exterior Features: Barbecue; Courtyard Flooring: Tile Parking Features: On Street Property Condition: Resale; Updated/Remodeled Appliances: Dishwasher; Electric Range; Ice Maker; Microwave; Refrigerator Water Heater Details: Electric Water Heater Construction Materials: Block Cooling: Central Air Association Type: Condominium; Homeowner Association Heating: Central Interior Features: Built-in Features; Closet Cabinetry; Custom Mirrors Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Pool Features: Private Possession: Negotiable Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: Closed Circuit Camera(s); Security Fence; Security System Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Studio Utilities: Cable Available View: Water Water Access: No Fixed Bridge; Ocean Access Water View: Direct Ocean; Ocean Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Courtyard Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 485000
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: 1007
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
Development Name: 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: 0242031201960
Subdivision Number: 120
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 1134
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 1134
Membership Fee Required YN: No
Tax Annual Amount: 6822
Tax Year: 2025
Tax Legal Description: THE PRESIDENTIAL CONDO UNIT 1007 TENTH FLOOR UNDIV .003730 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 19438-2933 1200 1 COC 22795-499

Status Change Information

Major Change Timestamp: 2026-04-24T16:04:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-04-24T16:04:43Z
Status Change Date: 2026-02-24

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Storm Protection

Impact Glass: Complete

Price Calculations

Current Price To SqFt: 873.6

Section Details

Parcel Number MLX: 1960

Originating Details

Originating System Key: 428284970
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Bike Storage: Yes
Community Room: Yes
Fitness Center: Yes
Heated Pool: Yes
Kitchen Facilities: Yes
Laundry: Yes
Management: Yes
Picnic Area: Yes
Pool: Yes
Sauna: Yes
Trash Chute: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Cable TV: Yes
Elevator: Yes
Hot Water: Yes
Insurance: Yes
Internet: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

Breakfast Area: Yes
Formal Dining: Yes

Exterior Features

Barbecue: Yes
Courtyard: Yes

Flooring

Tile: Yes

Parking Features

On Street: Yes

Property Condition

Resale: Yes
Updated/Remodeled: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes

View

Water: Yes

Heating

Central: Yes

Unit Description

Studio: Yes

Water Access

No Fixed Bridge: Yes
Ocean Access: Yes

Water View

Direct Ocean: Yes
Ocean: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Block: Yes

Interior Features

Built-in Features: Yes
Closet Cabinetry: Yes
Custom Mirrors: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Private: Yes

Security Features

Closed Circuit Camera(s): Yes
Security Fence: Yes
Security System: Yes

Waterfront Features

Ocean Front: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes
Homeowner Association: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Other Leasing Restrictions

Leasing Prohibited 1st 2 Years: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes
Courtyard: Yes

Balcony Details

Balcony - Open: Yes

Documents

2026 Budget ›

Application ›

Rules ›

Frequently Asked Questions ›

Structural Inspection Letter ›

Listing Office: Compass Florida, LLC

Last Updated: July - 09 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

401 Ocean Drive 1007, Miami Beach, FL 33139 (MLS# A11969826)