What is the asking price and what does it include?

The list price for 401 Ocean Dr # 224, Miami Beach FL 33160 is $465,000. The property is a Condominium with 1 bedrooms, 1 bathrooms, approximately 655 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 401 Ocean Dr # 224, Miami Beach FL 33160 in Miami Beach, 33160. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami Beach — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 465,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 401 Ocean Dr # 224, Miami Beach FL 33160.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

401 Ocean Dr # 224, Miami Beach FL 33139 | Miami-Dade County

Residential Active

401 Ocean Dr # 224, Miami Beach FL 33139 | Miami-Dade County | A12028597

$465,000

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.

Address

Open on Google Maps

Address: Ocean Dr
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33139
Area: THE PRESIDENTIAL CONDO

Details

Updated on June 1, 2026 at 6:46 pm

Property ID A12028597
Price $465,000
Property Size 655 Square Feet
Bedroom 1
Bathroom 1
Garage 0
Year Built 1970
Type Condominium
Property Status Residential

Additional details

AssociationAmenities Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Other, Pool
AssociationFee 1134
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 655
BuildingAreaUnits Square Feet
BuildingName THE PRESIDENTIAL CONDO
CarportSpaces 0
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-06-01
Cooling Other
CoveredSpaces 0
DaysOnMarket 0
DirectionFaces East
EntryLevel 2
ExpirationDate 2027-06-01
Flooring Other
Furnished Unfurnished, Furniture Negotiable
Heating Electric, Other
Inclusions Deeded Beach Access
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LandLeaseAmount 0
LaundryFeatures Common Area
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-376-6218
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor The Presidential Condo
MaintenanceExpense 0
MajorChangeTimestamp June 1, 2026 at 04:29pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 1, 2026 at 04:30pm
OnMarketDate 2026-06-01
OriginalEntryTimestamp June 1, 2026 at 04:29pm
OriginalListPrice 465000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Automatic Garage Door Opener, Elevator, Intercom
OtherExpense 0
ParcelNumber 02-42-03-120-0130
ParkingFeatures None, On Street
PatioAndPorchFeatures Open Balcony
PetsAllowed Restrictions Or Possible Restrictions
PhotosCount 0
Possession Other
PostalCode 33139
PostalCodePlus4 6629
PriceChangeTimestamp June 1, 2026 at 04:29pm
PublicSurveyRange 42
PublicSurveySection 3
PublicSurveyTownship 42
RoomsTotal 0
SecurityFeatures Smoke Detector, Complex Fenced, Phone Entry, Guard At Site, Other
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 502712318
StateOrProvince FL
StatusChangeTimestamp June 1, 2026 at 04:29pm
StoriesTotal 11
StreetName Ocean Dr
StreetNumber 401
StreetNumberNumeric 401
StructureType Condo 5+ Stories, Condo
SyndicationRemarks 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.
TaxAnnualAmount 7240
TaxLegalDescription THE PRESIDENTIAL CONDO UNIT 224 SECOND FLOOR UNDIV .003791% INT IN COMMON ELEMENTS CLERKS FILE 70R138967 OR 17973-2088 0298 1
TaxYear 2025
UnitNumber 224
View Ocean View, Direct Ocean
WaterfrontFeatures Ocean Access, Ocean Front
YearBuiltDetails Resale