401 Ocean Dr # 1001, Miami Beach FL 33139, Miami Beach
$525,000
Miami Beach, FL, 33139
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 667 sqft
- Year built
- 1970
- Type
- Condominium
- Association fee
- $1,163 / monthly
- Days on market
- 5
- MLS #
- A12043385
Listing courtesy of Douglas Elliman · 305-695-6300. Listing agent: Kristen Rosen Gonzalez. MLS data last updated 2026-07-28.
Description
South of Fifth. Oceanfront. Sunset Views. 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.
401 Ocean Dr # 1001, Miami Beach FL 33139, Miami Beach — for sale, listed for $525,000 (1 bed, 1 bath, 667 sqft).
$787/sqft · 78% percentile · based on 418 1-bed listings for sale in 33139 (median $580/sqft).
Browse this price segment
n=656 · 2026-07-28 · Methodology
Availability in THE PRESIDENTIAL CONDO
16 listings are currently active in this building across 13 distinct units (12 × 1-bed, 3 × 2-bed, 1 × studio).
n=16 · 2026-07-28 · Methodology
About THE PRESIDENTIAL CONDO
THE PRESIDENTIAL CONDO: built 1970; current sale asking prices $410,000–$549,000; current rents $2,850–$4,000; association fees $1,031–$1,166/month.
Are sellers cutting prices here?
39% of the 424 active 1-bed listings for sale in 33139 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=424 · 2026-07-28 · Methodology
Price per square foot
This listing is priced at $787 per square foot, which is the 78% percentile among 418 active 1-bed listings for sale in 33139 (median $580/sqft).
n=418 · 2026-07-28 · Methodology
Association fee context
The $1,163 association fee compares with a $816 median across 406 1-bed listings for sale in 33139 that report fees.
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Run the numbers
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · Methodology
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