PK-5 Grades
- Elementary
Miami Beach South Pointe Elementary ↗
Attendance zone Elementary
Distance 0.5 mi
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THE PRESIDENTIAL CONDO · · MLS A12043385
401 Ocean Dr #1001
Asking price$499,000
LIVE · MLS · AS OF NOV 1, 2026
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 667 SF
- Price per SF $748/SF
- Year built
- 1970
What's special
- Oceanfront
- Bay view
- Doorman
Listed by Douglas Elliman
Description
South of Fifth. Oceanfront. Sunset Views.
Continue reading
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.
Property information
The propertyAs the MLS records it
- Property type
- Condominium
- Year built
- 1970
- Garage spaces
- 1
- Stories
- 11
- Association fee
- $1,163 · Monthly
Size and layout
- Living area
- 667 SF
- Bedrooms
- 1
- Bathrooms
- 1
Home and lot
Payment calculator
Estimated monthly payment
$4,445 per month
30-year fixed, 7.32% interest
- Principal and interest
- $2,742
- Property taxes
- $540
- Association dues
- $1,163
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.32% for the week of October 22, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
REQUEST A TOUR
See 401 Ocean Dr #1001 in person.
Showings of 401 Ocean Dr #1001, Miami Beach, FL 33139 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
How to request a showing
Send the request
Use the form on this page, call +1 (786) 473-2565 or write on WhatsApp.
Say when
Name the days and the times that suit you. A second option helps.
Julian confirms
He answers within one business day and confirms the day and the time with you.
The listing and who shows it
- Address
- 401 Ocean Dr #1001, Miami Beach, FL 33139
- MLS number
- A12043385
- Listed by
- Douglas Elliman
- Showings
- Julian Acosta, real estate advisor with Compass
- Reach him
- +1 (786) 473-2565 · WhatsApp ↗ · Text message · E-mail
No lists, no obligation.
Recent market sales nearby
◆ SOURCE · MLS CLOSED SALES · THE LAST TWELVE MONTHS- This home
- Closed sales, by number
This building's market snapshot
THE PRESIDENTIAL CONDO · Closed sales of the last twelve monthsAs of NOV 1, 2026
- Closed sales
- 7
- Since NOV 1, 2025
- Median sale price
- $440,000
- Half closed for more, half for less
- Median price per SF
- $672
- Of the sales that state a living area
The market's sales, not sales by Julian Acosta
| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $518 | 12 |
| 2021 | $599 | 12 |
| 2022 | $618 | 11 |
| 2023 | $621 | 15 |
| 2024 | $802 |
Schools
Zoned public schools · Miami-Dade County Public Schools
6-8 Grades
- Middle
Nautilus Middle ↗
Attendance zone Middle
Distance 2.9 mi
9-12 Grades
- Senior high
Miami Beach Senior High ↗
Attendance zone Senior high
Distance 1.7 mi
Elementary · PK–5Middle · 6–8Senior high · 9–12 Color marks the grades a school serves, never a rating.
◆ SOURCE · MIAMI-DADE COUNTY GIS · ATTENDANCE BOUNDARIES EDITED SEP 21, 2026
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ABOUT THIS LISTING
Where this listing's information comes from.
◆ MIAMI REALTORS® · SOUTHEAST FLORIDA MLS◆ UPDATED NOV 1, 2026◆ MLS A12043385
The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by Douglas Elliman. Julian Acosta is a real estate advisor with Compass.
Compass Coral Gables · 1515 Sunset Dr, Suite 40, Coral Gables, FL 33143 · julian.acosta@compass.com · +1 (786) 473-2565
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
