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Slice RealtyPropiedad Futura

$470,000

0 bd · 1 ba · 538 sq ft · Condominium

401 Ocean Dr # 1007, Miami Beach FL 33139

For Sale · Active listing

Est. payment $2,603/mo · Mortgage calculator

Listed by Compass Florida, LLC / Michael Porat

Contact: 305-587-6179 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

Direct ocean view living in the highly sought-after South of Fifth neighborhood. The only direct ocean view unit currently available in the building, this spacious 538 SF deluxe studio offers stunning sunrise & Atlantic scenery from your private balcony in a true oceanfront building — the ultimate pied-à-terre or year-round dream home. Meticulously renovated with over $100,000 in high-end upgrades, the sleek designer kitchen features striking black quartz countertops, crisp contemporary white cabinetry, and stainless steel appliances. Calacatta porcelain flooring flows throughout the residence, creating a clean, modern feel. The spa-inspired bathroom is finished in matching Calacatta porcelain on the floors and walls, complemented by a contemporary wood-tone vanity, LED mirror, glass-enclosed shower, and modern fixtures. New impact windows frame breathtaking ocean views, and an abundance of closet space enhances comfort. Located in a modernized, secure, gated oceanfront building, with completed 40-year recertification and all special assessments paid. Residents enjoy a brand-new pool deck, heated pool, direct beach and boardwalk access, complimentary beach service with chairs and umbrella, cable and internet included, and a brand new gym coming soon. All of this in the prestigious South of Fifth — and all for well under $500K. You deserve this lifestyle.

Facts
MLS #
A11969826
Subdivision
THE PRESIDENTIAL CONDO,PRESIDENTIAL CONDO
Property type
Residential
Property subtype
Condominium
Sq. ft.
538
Price per sq. ft.
$874 / sq ft
Year built
1970
Days on market
204
County
Miami-Dade County
Date listed
Feb 24, 2026
Last updated
Sep 16, 2026
Financial considerations
HOA fee
$1,134 monthly
Taxes
$6,822 (2025)
HOA amenities
Barbecue, Bike Storage, Laundry, Community Room, Exercise Room, Heated Pool, Kitchen Facilities, Private Pool, Sauna, Trash Chute
Exterior features
Waterfront
Yes
View
Ocean View, Direct Ocean, Water View
Construction
Concrete Block Construction
Additional features
Barbeque, Courtyard, Open Balcony
Interior features
Furnished
Unfurnished
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator
Window features
Complete Impact Glass, High Impact Windows, Impact Glass
Additional features
Built-in Features, Closet Cabinetry, Custom Mirrors
Additional features
Pets allowed
Restrictions Or Possible Restrictions
Security
Complex Fenced, Lobby Secured, TV Camera

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-15). Estimate only.

Loan amount$376,000
Total cost of mortgage$937,205
Monthly payment$2,603

Local context (our analysis)

1,887 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $705 per sq ft. This home asks $874 per sq ft.

6 active listings at The Presidential Condo

Miami Beach market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated Sep 16, 2026, 3:37 PM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided 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.