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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12028597
$465,000

401 Ocean Drive 224, Miami Beach, FL 33139

Beds
1
Baths
1
Sqft
655
Est. payment$4,383/mo
Home type
Condominium
Year built
1970
Lot size
—
Price / sqft
$710
HOA
$1,134/mo
Community
THE PRESIDENTIAL CONDO

Property description

Beautifully maintained and fully furnished 1BD/1BA residence in the highly desirable South of Fifth neighborhood. Enjoy ocean views, direct beach access, private beach service with loungers and umbrellas, and walking distance to South Pointe Park, top dining, and all South Beach attractions. This move-in-ready condo features an open kitchen/living layout, impact windows and sliders, new laminate floors, updated central A/C, generous storage with two walk-in closets, and a private gated parking space. The well-managed oceanfront building has completed its 50-year recertification and offers a brand-new heated pool and pool deck, secure lobby, 24/7 security, laundry on every floor, elevators, and healthy reserves. Maintenance includes water, cable, internet, landscaping, trash, and pest control — ideal as a primary residence, vacation retreat, or investment property.

Listing activity

Days on market
144
Listed
Jun 1, 2026
MLS listing updated
Jul 21, 2026
Feed last checked
9 minutes ago

Listed by Facundo Ortola · Blue One Realty, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Elevator, Other
Flooring
Other
Appliances
Dishwasher, Refrigerator, Other
Furnished
Unfurnished
Other equipment
Intercom, Other

Heating & cooling

Heating
Electric, Other
Cooling
Other
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Garage Door Opener, On Street
Attached garage
No

Exterior

Stories
11
Building area
655 sqft
Exterior features
Balcony
View
Ocean, Direct Ocean
Waterfront
Ocean Access, Deeded Beach Access, Ocean
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Architectural style
Other
Year built
1970
New construction
No

Materials

Construction
Block
Property condition
Resale
Faces
East
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
THE PRESIDENTIAL CONDO
MLS area
2420
Security
Entry - Phone/Intercom, Security Fence, Security Guard, Smoke Detector(s), Other
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,134 monthly
Estimated monthly dues
$1,134
Amenities
Pool, Community Room, Elevator(s), Fitness Center, Heated Pool, Laundry, Management, Storage, Other
Services included
Pool Service, Elevator, Reserve Funds
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12028597
Possession
Close Of Escrow, Other
Original list price
$465,000
Parcel number
0242031200130
Annual property tax
$7,240
Tax year
2025
Tax legal description
THE PRESIDENTIAL CONDO UNIT 224 SECOND FLOOR UNDIV .003791% INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 17973-2088 0298 1
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Community Room, Elevator(s), Fitness Center, Heated Pool, Laundry, Management, Storage, Other
Association Fee Frequency
Monthly
Association Fee Includes
Pool Service, Elevator, Reserve Funds
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
655
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
144
Direction Faces
East
Elementary School
Miami Beach South Pointe
High School
Miami Beach
List Price
465000
Listing Contract Date
2026-06-01
Living Area
655
MLSArea Major
2420
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2026-06-01
Photos Count
19
Postal Code
33139
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Entry - Phone/Intercom, Security Fence, Security Guard, Smoke Detector(s), Other
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-01T04:00:00Z
Stories Total
11
Subdivision Name
THE PRESIDENTIAL CONDO
Waterfront Features
Ocean Access, Deeded Beach Access, Ocean
Tax Annual Amount
7240
Bathrooms Full
1
Bedrooms Total
1
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
1134

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 1, 2026ListedMIAMI REALTORS® MLS$465,000$710/sqft

Public tax history

YearProperty taxesAssessment
2025$7,240—

Payment calculator

Estimated monthly payment$4,383/moIllustrative estimate, not a loan offer.
Principal & interest
$2,413
Property taxes
$603
Insurance
$233
Association dues
$1,134

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

THE PRESIDENTIAL CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Blue One Realty, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.