Home » Miami Beach » The Presidential at 401 Ocean Drive Miami Beach » 401 Ocean Dr 1007, Miami Beach, FL 33139 | A11706494

For Sale 401 Ocean Dr 1007, Miami Beach, FL 33139

$589,999

Property Highlights

Listing ID A11706494 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bathrooms Total 1 Full Bath Living Space 538 Sqft/49.98 m2 approx. Building Area 538 Sqft/49.98 m2 approx. POOL Year Built 1970 REO (Real Estate Owned): This property is currently owned by a bank or lender. Waterfront Has view of the Ocean Time of this property on Rebonus 5 Day(s)

401 Ocean Dr 1007, Miami Beach, FL 33139

Property Description: Investor’s Dream: Luxurious Oceanfront Condo with Stunning Miami Beach Views. This fully remodeled, turn-key condo offers breathtaking ocean views, exceptional investment potential, and all brand-new features, including hurricane-rated impact glass doors, quartz Silestone countertops, marble flooring, 2017 AC, custom cabinetry, high-end appliances, and a tankless water heater. Perfectly located just steps from Ocean Drive, a beachfront gym, yoga, fine dining, exclusive clubs, and cruise ports, this residence delivers the ultimate in luxury and lifestyle. With the 40 & 50-year recertification completed and all special assessments paid by the seller, this is a rare opportunity to own a brand-new, hassle-free investment in Miami’s premier beachfront market. Schedule your viewing today!

Useful Info

Original List Price:$589,999
If Bank REO, Short Sale, As Is, etc.:
  • Real Estate Owned (REO) Lender/Bank Owned
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural
Style:
  • High Rise
Entry Level (floor):10
Entry Level Location:10
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:11
Foundation Details:
  • Raised

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Heated
Security:
  • Door Man
  • Key Card Entry
  • Elevator Secured
Appliances:
  • Dishwasher
  • Microwave
  • Electric Water Heater
Interior Features:
  • Closet Cabinetry
  • Elevator
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$5,083

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:$621
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Fitness Center
Subdivision Name:THE PRESIDENTIAL CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Trash
  • Security
  • Maintenance Structure
  • Insurance
  • Parking
  • Internet
  • Recreation Facilities
  • Amenities
Complex Name:The Presidential Condo
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Covered

More Details

Other Information:
Unit ViewOcean View,Direct Ocean
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects City & County Tax
Number of times allowed to lease per year1
Flood ZoneAE
Homeowner's Association Application Fee150
StyleCondo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1097427793
Subdivision Number120
Water Access Description:Deeded Beach Access

Zoning and Legal

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
Real Estate Folio Number (Parcel Number):02-42-03-120-1960
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:December 9, 2024 1:09 pm
On Market Date:December 9, 2024
Activation Date:December 9, 2024
Price Change Date Time:December 9, 2024 1:09 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:December 9, 2024 1:09 pm
Status Last Changed:December 9, 2024 1:09 pm
Photos Last Modified:December 9, 2024 6:42 pm
Last Modified:December 10, 2024 6:24 pm
Days on the Market Reference Date:December 10, 2024
Days on the Market (updated on Last Modified*):1
Cumulative Days on the Market (updated on Last Modified**):8

Additional Information

Unit Location:High Rise
Number of Photos:19
Location:,,
Included:,,
Area:42
Courtesy of:BHHS EWM Realty
Attribution:savalli.b@ewm.com
Universal Property Id:US-12025-N-0242031201960-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:401
Street Address:401 Ocean Dr 1007
Unit Number:1007
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:401 Ocean Dr 1007, 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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