$440,000
Sold · November 18, 2025
401 Ocean Drive 1011
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $440,000
- Vs. list price
- 2.2% under
- Days on market
- 183
- Price per sq ft
- $672
This 2-bedroom condo in The Presidential Condo sold for $440,000 on November 18, 2025. That was 2.2% below its final list price of $450,000. It first came on the market at $575,000, so the price was adjusted before it sold. It spent 183 days on the market. At $672 per square foot, it closed in line with the $670 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $440,000
- Sold On
- November 18, 2025
- Days on Site
- 183 Days
- Bedrooms
- 2
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 655 sqft
- Total Sq Ft
- 655 sqft
- Year Built
- 1970
- Property Type
- Condo
- MLS #
- A11755516
- Property Tax
- $6,688 (2024)
- HOA Fees
- $1,031 / Monthly
- Subdivision
- THE PRESIDENTIAL CONDO
- County
- Miami Dade
- Status
- Sold
About This Property
Oceanfront POOL! Spectacular 2 Bedroom or 1 Bedroom Plus Den (However You Want to Use it!) 2/ 1 Bathroom Oceanfront Condo Located in the Prestigious South of Fifth Neighborhood. This Gorgeous Unit Has Been Fully Remodeled and Features an Open Kitchen with Island and Bar Seating, Tile Floors, a spa Bathroom with a Glass Shower, and More. The Building Also Has a Washer and Dryer on Every Floor. Location Offers Easy Access to All Major Roadways, Shopping, Dining, Nightlife, Public Parks, Public Transportation and So Much More! Please See Broker Remarks for Additional Information.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1970
- Property Condition
- Resale
- Number of Stories
- 11
- Garage Spaces
- 0
- Living Sq Ft
- 655
- Total Sq Ft
- 655
Interior Features
- Appliances
- Dishwasher
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Separate Shower
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Patio & Porch
- Deck / Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Fixed Bridge / Ocean Front
- View
- Ocean
Community & HOA
- HOA Fee
- $1,031 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Maintenance Grounds / Pools / Recreation Facilities / Reserve Fund / Roof / Security
- Association Amenities
- Bike Storage / Maintenance Grounds / Laundry / Elevators
- Security
- Key Card Entry / Security Fence / Security Guard
- Pets Allowed
- No / Pet Restrictions
- Financing Terms
- Cash
- Restrictions
- No Lease2nd Year Owned
- MLS Area
- 2420
About the Community
The Presidential Condo is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $470,000 to $589,000. Homes were built starting 1970. Pure Equity lists homes in The Presidential and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 14
- Median List Price
- $482,500
- Median $/Sq Ft
- $763
- Avg Days on Market
- 92
Frequently Asked Questions
- How do I schedule a tour of 401 Ocean Drive 1011, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 401 Ocean Drive 1011, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 401 Ocean Drive 1011, Miami Beach, FL 33139 still available?
- 401 Ocean Drive 1011, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 183 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 401 Ocean Drive 1011, Miami Beach, FL 33139?
- With 20% down ($90,000) on the $450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 401 Ocean Drive 1011, Miami Beach, FL 33139 is about $2,365/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 401 Ocean Drive 1011, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 401 Ocean Drive 1011, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 401 Ocean Drive 1011, Miami Beach, FL 33139 have an HOA fee?
- Yes: 401 Ocean Drive 1011, Miami Beach, FL 33139 carries an HOA fee of about $1,031 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 401 Ocean Drive 1011, Miami Beach, FL 33139?
- Often, yes. The right offer on 401 Ocean Drive 1011, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keller Williams Capital Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$440,000
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Listed by Jason Edward Bishop, Keller Williams Capital Realty
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Recent Sales
Recently sold homes in The Presidential Condo
These are the last 6 recorded closings in The Presidential Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $710 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$415,000
Sold · September 30, 2026
401 Ocean Drive 403
1 bed · 1 bath · 659 sqft · $630/sqft
$20,000 under the asking price
Sold$380,000
Sold · July 31, 2026
401 Ocean Drive 324
1 bed · 1 bath · 655 sqft · $580/sqft
$30,000 under the asking price
Sold$472,000
Sold · July 17, 2026
401 Ocean Drive 421
1 bed · 1 bath · 655 sqft · $721/sqft
$27,000 under the asking price
Sold$465,000
Sold · March 26, 2026
401 Ocean Drive 523
1 bed · 1 bath · 655 sqft · $710/sqft
$34,000 under the asking price
Sold$390,000
Sold · February 20, 2026
401 Ocean Drive 909
1 bed · 1 bath · 655 sqft · $595/sqft
$40,000 under the asking price
Sold$530,000
Sold · January 8, 2026
401 Ocean Drive 624
1 bed · 1 bath · 655 sqft · $809/sqft
$20,000 under the asking price
See every recorded sale in The Presidential Condo or find out what your The Presidential Condo home is worth.
