Condo in 401 Ocean Drive 1001, Miami Beach, FL 33139 for sale with MLS# A12043385

South of Fifth. Oceanfront. Sunset Views.Welcome to 401 Ocean Drive, an exceptional opportunity to own in South of Fifth (SoFi)-Miami Beach's most coveted neighborhood. Perched on the 10th floor, this west-facing one-bedroom, one-bath residence offers breathtaking sunset and skyline views, filling the home with warm golden light each evening.Located directly on the sand, this oceanfront building sits along one of the most famous beaches in the world and adjacent to iconic Lummus Park, where miles of beachfront walking and biking paths are just outside your door. From morning coffee by the ocean to evening sunsets from your private balcony, every day feels like a vacation.SoFi is renowned for its walkability, luxury lifestyle, and world-class dining. Just moments away are celebrated restaurants including Joe's Stone Crab, Prime 112, Carbone, and Smith & Wollensky, along with South Pointe Park, the marina, and the vibrant energy of Ocean Drive.Whether you're looking for a primary residence, vacation home, or investment property, this residence offers an unbeatable combination of location, lifestyle, and value.At $525,000, this is one of the best opportunities to own an oceanfront property in South of Fifth-where luxury living, endless sunsets, and the best of Miami Beach come together.

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401 Ocean Drive 1001, Miami Beach, FL 33139

Price
Price:
$525,000.00
Original List Price:
$525,000.00
List Price per Sq Ft (Calculated, Approx.):
$787.1
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
July 23, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
667 Sqft
Built-Up Area:
667 Sqft
Property Features
View from the Property:
Bay, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Front, Deeded Beach Access
Security:
Fire Sprinkler System, Key Card Entry, Lobby - Attended, Elevator Secure
Appliances:
Dishwasher, Microwave, Electric Range, Electric Water Heater
Interior:
Elevator
Exterior:
Balcony
Patio and Porch:
Deck
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Central
Unit Description:
High Rise, Interior Hallway
Balcony Details:
Balcony - Open
Construction
Year Built:
1970
Levels:
Two
Construction Materials:
Concrete Block - No Stucco, Pre-cast Concrete Construction
Flooring:
Ceramic Tile
Number of stories:
11
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$6,478.00
Tax Year:
2025
Association Fee:
$1,163.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County, Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Heated Pool, Trash Chute, Fitness Center, Lobby
Subdivision Name:
THE PRESIDENTIAL CONDO
Association Fee Includes:
Cable Tv, Common Areas, Elevator, Pool Service
Senior Community:
No
Minimum Days per Lease:
90
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, Fha-va Approved
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
THE PRESIDENTIAL CONDO UNIT 1001 TENTH FLOOR UNDIV .004481 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 20482-0375 0602 1 COC 26379-241
Real Estate Folio Number (Parcel Number):
0242031201900
Public Schools Assigned
Elementary School:
Hialeah Gardens
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
July 23, 2026
Listing Agreement executed on:
July 23, 2026
Listing Status Last Changed On:
July 23, 2026 4:00 am
Photos updated on:
July 28, 2026 4:15 pm
Last Modified:
July 28, 2026 4:16 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Floor Number:
10
Street Name:
Ocean
Street Number:
401
Unit Number:
1001
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 24.3''
Longitude:
W81° 52' 6.5''
Street Suffix:
Drive
Property Map

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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) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
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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.