31
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 1
  • Garage
  • 659 Sq Ft
  • Area Size
401 Ocean Dr # 1004, Miami Beach FL 33139 | Miami-Dade County | A11835116
  • $589,000

Description

*All new* top-of-the-line modern condo w/spectacular unobstructed bay & skyline views, and double sized balcony. (Garage parking space available for $50k extra). You need to see this for yourself as there are too many features to list: open kitchen w/sub zero refrigerator, Fisher Paykel dishwasher, water filtration system & wet bar w/soft drink refrigerator. Gorgeous large format porcelain tile floors throughout. Oversized marble bath w/seamless glass shower. Updated electrical, updated plumbing, new central air & washer dryer. Fantastic custom design details: modern recessed lighting w/touch pad display control, custom wall décor, glass foyer entryway, linear AC vents, & more. Remodeled oceanfront building w/new impact windows & doors, new exterior, new Oceanfront heated pool & complimentary beach service.

Property Overview

This is a 1-bedroom, 1-bath condominium of about 659 square feet at 401 Ocean Dr # 1004, Miami Beach FL 33139 (Miami Beach 33139), listed at $589,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $1,150.

The tax of record is $6,212 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $11,780/yr (≈ $982/mo); with the homestead exemption on a primary residence, about $10,780/yr (≈ $898/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 401 Ocean Dr # 1004 is $589,000. Fixtures and built-in appliances convey with the home, but furniture is negotiable.

Separate from the unit, residents have access to community amenities including a heated pool, pool, exercise room, clubhouse-clubroom, community room, bike storage, laundry, elevators, and trash chutes. Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these details.

Where exactly is it, and what should I know about the location?

The property is located at 401 Ocean Dr # 1004, Miami Beach FL 33139, situated within the coastal corridor of Miami Beach 33139. This unit is listed at $589,000 and contains one bedroom and one bathroom across approximately 659 sqft.

Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify location details.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee is $1,150. This fee covers all amenities, cable TV, common area, insurance, internet/WiFi, landscaping/lawn maintenance, legal/accounting, manager, pest control interior, sewer, trash removal, and water.

The community is subject to city ordinances found at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these details.

What are the property taxes and homestead implications?

The tax of record is $6,212 (2024). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the estimate is about $11,780/yr (≈ $982/mo) without homestead, or about $10,780/yr (≈ $898/mo) with the homestead exemption on a primary residence.

Florida's homestead exemption lowers taxable value only for a primary residence. These are estimates, not quotes; confirm them with the Miami-Dade Property Appraiser and a tax professional. Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify.

Is the home in a flood zone, and what does that mean?

Flood zones identify areas prone to flooding, as defined in the FEMA glossary. Lenders often require flood insurance for properties located in high-risk zones. View the FEMA flood map for this address to see the specific designation for 401 Ocean Dr # 1004.

Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these details.

Are pets allowed?

Records indicate pets are not allowed or are heavily restricted at 401 Ocean Dr # 1004. Service animals are protected under the ADA and Fair Housing Act and generally cannot be categorically banned. Emotional Support Animals (ESAs) are treated as reasonable accommodations under the FHA, similar to a wheelchair rather than a pet, provided there is proper documentation for association review and adherence to evolving 2026 HUD guidance.

Review this guide and this article for more detail, and consult a Florida real-estate attorney. Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify current rules.

How is the price set and is there room to negotiate?

Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The $589,000 list price for 401 Ocean Dr # 1004 is derived from a CMA.

I provide a Miami Beach-specific CMA to buyers before they set an offer. Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these figures.

What financing step do you recommend before touring?

Secure a pre-approval before touring 401 Ocean Dr # 1004 to ensure your budget aligns with the $589,000 list price. Consult a Florida Licensed Mortgage Loan Originator to confirm your buying power.

Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these details.

Monthly Fees & Carrying Costs

Association Fee $1,150 / month
Total Monthly Fees $1,150 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

  • Address: Ocean Dr
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: THE PRESIDENTIAL CONDO, The Presidential Con, THE PRESIDENTIAL CONDO,THE PRESIDENTIAL CON

Details

Updated on July 4, 2026 at 5:57 pm
  • Property ID A11835116
  • Price $589,000
  • Property Size 659 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 1
  • Year Built 1970
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Waterfront Features Ocean Access, Ocean Front
  • Bedroom Features Primary Bath Shower
  • Cooling Central Air
  • Association Type Condo
  • Building The Presidential Condo
  • Association Fee Frequency Monthly
  • Area The Presidential Condo
  • Annual Tax 6212
  • Association Yes
  • Elementary School South Pointe
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision THE PRESIDENTIAL CONDO,The Presidential Con
  • Total Stories 11
  • Restrictions Ok To Lease
  • Amenities Bike Storage, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Heated Pool, Pool, Trash Chute
  • Parking 1 Space, Assigned
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2024
  • Construction Concrete Block Construction
  • Building Area 659
  • Covered Spaces 1
  • Unit Floor 10
  • View Bay, Skyline, Water View
  • Year Built Details Resale
  • Pets Allowed No
  • Attached Yes
  • Unit Number 1004
  • Inclusions Other, Attended,Beach
  • Half Bathrooms 0
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 1150
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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