Condo in 401 Ocean Drive 518, Miami Beach, FL 33139 for sale with MLS# A12086074

An Oceanfront Jewel Box in the Sky | $1,250,000Welcome to an extraordinary opportunity at 401 Ocean Drive in the heart of South of Fifth. This stunning one-bedroom, one-bath residence is a true jewel box in the sky, with mesmerizing turquoise Atlantic views visible from virtually every inch of the home.Beautifully renovated to the highest standard, the residence combines sophisticated design with the energy of South Beach living. Disco lighting throughout creates the perfect atmosphere for entertaining, while an in-unit washer and dryer adds everyday convenience. Stylish, polished, and completely turnkey, this is the ultimate South Beach entertaining pad.Set within The Presidential, an oceanfront condominium with private beach club access, the location is unmatched. Step outside and walk to the beach, South Pointe Park, world-class restaurants, cafés, nightlife, and the marina.Whether enjoyed as a glamorous pied-à-terre, full-time residence, or coastal escape, this is a rare opportunity to own a piece of the Miami Beach dream-where the ocean is your backdrop and every day feels like a vacation.Offered at $1,250,000.

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401 Ocean Drive 518, Miami Beach, FL 33139

Price
Price:
$1,250,000.00
Original List Price:
$1,250,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,840.94
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
September 11, 2026 4:00 am
Other Special Conditions:
Flood Zone, Title Insurance Policy Available
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Shower, Separate Tub
Measures
Living Area:
679 Sqft
Built-Up Area:
679 Sqft
Property Features
View from the Property:
Pool, Direct Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Front, Deeded Beach Access
Swimming Pool Features:
Private
Security:
Secured Garage/Parking, Lobby - Attended, Entry - Phone/intercom
Appliances:
Refrigerator, Washer, Electric Range, Oven
Interior:
Closet Cabinetry, Built-in Features, Bar
Exterior:
Balcony, Lighting
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Electric
Unit Description:
High Rise
Balcony Details:
Balcony - Open
Construction
Year Built:
1970
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Block
Flooring:
Other
Number of stories:
11
Road Frontage Type:
East of US-1
Flood Zone Code:
AE
Property Condition:
Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$11,400.00
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
Membership Details:
Other Membership Included
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Homeowner Association, Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Heated Pool, Pool, Community Room, Bike Storage, Clubhouse, Maintenance, Elevator(s), Fitness Center, Parking, Lobby
Subdivision Name:
THE PRESIDENTIAL CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Trash, Security, Insurance, Reserve Funds, Roof Repairs, Pool Service, Recreation Facility
Senior Community:
No
Restrictions:
Other Restrictions
Minimum Days per Lease:
365
Other Leasing Restrictions:
Leasing Prohibited 1st 2 Years
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 518 FIFTH FLOOR UNDIV .004886 % INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 18786-4264 0999 1
Real Estate Folio Number (Parcel Number):
0242031200810
Public Schools Assigned
Elementary School:
Walker
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
September 11, 2026
Listing Agreement executed on:
September 11, 2026
Listing Status Last Changed On:
September 11, 2026 4:00 am
Photos updated on:
September 12, 2026 7:28 pm
Last Modified:
September 12, 2026 7:29 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Floor Number:
5
Street Name:
Ocean
Street Number:
401
Unit Number:
518
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) 50 Good
☀️ O3 30 Good
🫁 PM2.5 50 Good
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Ver la Propiedad Ver la propiedad 401 Ocean Drive 518, Miami Beach, FL 33139
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.