401 Ocean Drive 722, Miami Beach, FL 33139

$549,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11823998

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 655 Status: Active

Current Price: $549,000 List Date: 6/17/2025 Last Modified: 6/30/2026

Overview

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.

Supplements: The Presidential Condominium Owners Association401 Ocean Drive Suite 200Miami Beach, Florida 33139Phone: (305) 673-4965Fax (305) 673-1983Contact: Monica Sosainfo@PresidentialSouthBeach.comMonday – Thursday 8a – 4:30pFriday 8a – 2p

Listing Details MLS# A11823998

General Property Information

Total Units In Building: 236
Unit Floor #: 7
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Living Area Main: 655
Year Built: 1970
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 10
Direction Faces: Northeast

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Fee Includes: Cable TV Dining Area: Dining/Living Room; Snack Bar/Counter Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year Parking Features: Assigned; Garage Door Opener; Attached; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Fencing: Fenced Heating: Central; Electric Interior Features: Custom Mirrors; Elevator; Entrance Foyer; Pantry; Walk-In Closet(s) Listing Terms: Cash; Owner Will Carry Pets Allowed YN: No Pets Allowed: Pet Restrictions Possible Possession: Negotiable Restrictions: See Remarks Road Frontage Type: East of US-1 Security Features: Entry - Phone/Intercom; Security Fence; Smoke Detector(s) Special Information: Sold As-Is; Disclosure Utilities: Cable Available View: Water Water Access: Other Water View: Ocean Waterfront Features: Ocean Front Window Features: Blinds Showing Requirements: Call Listing Agent; Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 588000
Occupant Type: Call Listing Agent

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: 722
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 6632
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
Parcel Number: 0242031201350
Subdivision Number: 120
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 1031
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 6296
Tax Year: 2024
Tax Legal Description: THE PRESIDENTIAL CONDO UNIT 722 SEVENTH FLOOR UNDIV .004197 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 21071-1618 02 2003 4

Status Change Information

Major Change Timestamp: 2025-09-16T21:36:40Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-09-16T21:36:40Z
Status Change Date: 2025-06-17

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes
Okay To Lease During First Year: Yes

Parking Information

Open Parking Spaces: Yes
Parking Space Number: Yes

Leasing Restrictions

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

Price Calculations

Current Price To SqFt: 838.16

Section Details

Parcel Number MLX: 1350

Originating Details

Originating System Key: 416802300
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

3-4 Weeks Approval: Yes
Association Approval Required: Yes

Amenities

Elevator(s): Yes

Association Fee Includes

Cable TV: Yes

Dining Area

Dining/Living Room: Yes
Snack Bar/Counter: Yes

Flooring

Ceramic Tile: Yes

Parking Features

Assigned: Yes
Garage Door Opener: Yes
Attached: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Fencing

Fenced: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes
Disclosure: Yes

Utilities

Cable Available: Yes

View

Water: Yes

Heating

Central: Yes
Electric: Yes

Water Access

Other: Yes

Water View

Ocean: Yes

Window Features

Blinds: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Custom Mirrors: Yes
Elevator: Yes
Entrance Foyer: Yes
Pantry: Yes
Walk-In Closet(s): Yes

Listing Terms

Cash: Yes
Owner Will Carry: Yes

Road Frontage Type

East of US-1: Yes

Security Features

Entry - Phone/Intercom: Yes
Security Fence: Yes
Smoke Detector(s): Yes

Waterfront Features

Ocean Front: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes
Showing Service: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

No: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

See Remarks: Yes

Listing Office: The Keyes Company

Last Updated: June - 30 - 2026

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401 Ocean Drive 722, Miami Beach, FL 33139 (MLS# A11823998)