Home » Miami Beach » The Presidential at 401 Ocean Drive Miami Beach » 401 Ocean Dr 1123, Miami Beach, FL 33139 | A11615558

401 Ocean Dr 1123, Miami Beach, FL 33139 | For Sale

$699,000

Property Highlights

Listing ID A11615558 Status of this Listing: Pending (An offer has been accepted) For Sale Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 655 Sqft/60.85 m2 approx. Building Area 655 Sqft/60.85 m2 approx. COMMUNITY POOL Year Built 1970 Waterfront Seller considers Cryptocurrency Has view of the Ocean Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property on Rebonus 68 Day(s)
31 Photos of this Property

401 Ocean Dr 1123, Miami Beach, FL 33139

Property Description: This Amazing 1/1 SOFI Penthouse Comes w/ An Assigned Covered Parking Space & Too Many Upgrades To List! Remodeled To The Hilt & Fully Permitted, Unit Features a Fabulous Miton Kitchen Complete w/Carrara Backsplash, Caesarstone Countertops, High-End Stainless Steel Appliance Suite, Trash Compactor, Sub Zero Wine Fridge, LG Washer&Dryer, Kohler/Toto Bathroom Suite & More. Custom Built Closet, Highest-End Hurricane Windows (W/Removable Pane for Cleaning) Blackout Shades- Even Heated Floors in the Bathroom & Bedroom! Many More Upgrades That Need To Be Seen To Be Believed. Fantastic View Of The Ocean & Savoy Resort Pool. Low HOA Includes Cable & Internet. SELLER ACCEPTING BTC /ETH WITH 10% SURCHARGE. Beach Volleyball & Yoga Right In Your Backyard Sand! The Best Deal In SoFi!

Virtual Open House: 360° Tour 401 Ocean Dr 1123

Useful Info

Contingency:Backup Contract/Call LA
Original List Price:$699,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Rooms Distribution

Rooms Total:4

Construction

Year Built Details:
  • Resale
Levels:One
Entry Level (floor):11
Entry Level Location:11
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Number of stories:11
Number of Units in the Community or Building:238
Stories:1

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Key Card Entry
  • Closed Circuit Camera(s)
  • Complex Fenced
Furnished:
  • Negotiable
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Self Cleaning Oven
  • Trash Compactor
Interior Features:
  • First Floor Entry
  • Breakfast Area
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bedroom On Main Level
  • Family/dining Room
  • Built-in Features
  • Elevator
  • Main Living Area Entry Level
  • Jetted Tub
  • Tub Shower
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Laundry Features:
  • Washer Hookup
  • Common Area
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$6,183

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$639
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Va Loan
  • Cryptocurrency
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • No
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Trash
  • Clubhouse
  • Laundry
  • Barbecue
  • Storage
  • Elevator(s)
  • Picnic Area
Subdivision Name:THE PRESIDENTIAL CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Association Management
  • Parking
  • Reserve Fund
  • Internet
  • Amenities
  • Laundry
Complex Name:The Presidential
Senior Community:No
Restrictions: No Lease 1st Year Owned

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Garage
  • Assigned
  • Detached

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:South Pointe
High School:Miami Beach
Middle Or Junior School:Nautilus

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Ocean View,Direct Ocean,Pool Area View
Housing Older Persons Act: No HOPA
Unit Design: East Of Us1,Interior Hall
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 0
Subdivision Number: 120
Water Access Description:Deeded Dock

Zoning and Legal

Tax Legal Description:THE PRESIDENTIAL CONDO UNIT 1123 ELEVENTH FLOOR UNDIV .004440 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 12170-197 0584 1
Real Estate Folio Number (Parcel Number):02-42-03-120-2350
Public Survey Township:50
Public Survey Range:42
Public Survey Section:1

Listing History

Update/EventDate/Days
Published Date:July 1, 2024 2:29 am
On Market Date:June 30, 2024
Price Change Date Time:June 30, 2024 9:45 am
Last Important Update Description:Pending (An offer has been accepted)
Date and Time of Last Important Update:September 6, 2024 7:21 am
Status Last Changed:September 6, 2024 7:21 am
Photos Last Modified:July 1, 2024 6:45 am
Last Modified:September 6, 2024 12:02 pm
Days on the Market Reference Date:September 6, 2024
Days on the Market (updated on Last Modified*):12
Cumulative Days on the Market (updated on Last Modified**):97

Additional Information

Unit Location:East Of Us1,Interior Hall
Number of Photos Count:31
Area:42
Ref ID:1076975750
Automated Valuation Display:Yes
Courtesy of:Skymarc Properties LLC
Universal Property Id:US-12025-N-0242031202350-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:401
Street Address:401 Ocean Dr 1123
Unit Number:1123
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:401 Ocean Dr 1123, Miami Beach, FL 33139
Latitude:N25° 46' 24.3''
Longitude:W81° 52' 6.5''

Neighborhood

Postal City:Miami Beach

Property Map

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