Condo in 401 Ocean Dr 722 Miami Beach for sale with MLS# A11823998

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.

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Days on the market

401 Ocean Dr 722, Miami Beach, FL 33139

Price
Price:
$549,000.00
Previous Asking Price:
$588,000.00
Original List Price:
$588,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11823998
Description of Last Important Update:
Price Change
Last Major Update on:
September 16, 2025 4:36 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
655 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Ocean, Water
Waterfront:
Yes
Waterfront Features:
Ocean Front
Security:
Smoke Detector(s), Complex Fenced, Intercom
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
Interior:
Breakfast Bar, First Floor Entry, Pantry, Walk-In Closet(s), Entrance Foyer, Other, Custom Mirrors, Elevator, Living Dining Room
Exterior:
Fence, Storm Security Shutters
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
Northeast
Water Access Description:
Other
Construction
Year Built:
1970
Year Built Details:
Resale
Entry Level (floor):
7
Entry Level Location:
7
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
10
Taxes and Expenses
Tax Annual Amount:
$6,296.00
Tax Year:
2024
Association Fee:
$1,031.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Homestead Exemption
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Attached Garage
Parking Features:
One Space, Garage, Garage Door Opener, Attached, Assigned
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Conditional, No
Amenities Provided by the Homeowner's Association (HOA):
Elevator(s)
Subdivision Name:
THE PRESIDENTIAL CONDO
Association Fee Includes:
Cable Tv
Complex Name:
THE PRESIDENTIAL CONDO
Senior Community:
No
Restrictions:
Okay to Lease During First Year of Ownership, Okay to Lease, See Remarks
Terms
Disclosures:
Seller Disclosure
Listing Terms Considered by Seller:
Cash, Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Occupant Type:
Call Agent
Buyer Possession:
Negotiable
Lease Considered:
No
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
02-42-03-120-1350
Title to the property is held by owner as:
Corporation
Public Schools Assigned
Elementary School:
William S. Talbot Elem School-al
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
June 17, 2025 3:24 pm
Active on the market since:
June 17, 2025
Price change occurred on:
September 16, 2025 4:36 pm
Listing Status Last Changed On:
June 17, 2025 3:24 pm
Photos updated on:
March 27, 2026 8:39 pm
Last Modified:
March 27, 2026 8:39 pm
Additional Information
Unit View:
Ocean View, Water View
Housing Older Persons Act:
No HOPA
Unit Design:
East Of Us1
Type of Association:
Condo
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Condominium
Number of Times Leased per Year:
1
Flood Zone:
AE
Application Fee:
$100.00
Style:
Condo 5+ Stories
Municipal Code:
2
Subdivision Number:
120
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Street Name:
Ocean Dr
Street Number:
401
Unit Number:
722
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 24.7''
Longitude:
W81° 52' 5.1''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.