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Slice RealtyPropiedad Futura

$1,250,000

1 bd · 1 ba · 679 sq ft · Condominium

401 Ocean Dr # 518, Miami Beach FL 33139

For Sale · Active listing

Est. payment $6,869/mo · Mortgage calculator

Listed by Douglas Elliman / Kristen Rosen Gonzalez

Contact: 305-965-4725 (listing contact).

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

About this home

An Oceanfront Jewel Box in the Sky | $1,250,000 Welcome 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.

Facts
MLS #
A12086074
Subdivision
THE PRESIDENTIAL CONDO
Property type
Residential
Property subtype
Condominium
Sq. ft.
679
Price per sq. ft.
$1,841 / sq ft
Year built
1970
Days on market
1
County
Miami-Dade County
Date listed
Sep 11, 2026
Last updated
Sep 12, 2026
Financial considerations
HOA fee
$1,163 monthly
Taxes
$11,400 (2025)
HOA amenities
Bike Storage, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Other Membership Included, Pool, Private Pool
Exterior features
Waterfront
Yes
View
Direct Ocean, Pool Area View
Construction
Concrete Block Construction
Additional features
East Of Us1, Open Balcony
Interior features
Heating
Electric
Cooling
Central Air
Appliances
Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
Window features
Hurricane Shutters
Additional features
Lobby, First Floor Entry, Bar, Built-in Features, Closet Cabinetry
Additional features
Security
Doorman, Phone Entry, Secured Garage/Parking

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.

Loan amount$1,000,000
Total cost of mortgage$2,472,950
Monthly payment$6,869

Local context (our analysis)

1,890 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 $1,841 per sq ft.

Miami Beach market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated Sep 12, 2026, 3:27 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.