$465,000
Sold · March 26, 2026
401 Ocean Drive 523
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
- $465,000
- Vs. list price
- 6.8% under
- Days on market
- 38
- Price per sq ft
- $710
This 1-bedroom condo in The Presidential Condo sold for $465,000 on March 26, 2026. That was 6.8% below its final list price of $499,000. It spent 38 days on the market. At $710 per square foot, it closed 9.1% above the $651 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $465,000
- Sold On
- March 26, 2026
- Days on Site
- 38 Days
- Bedrooms
- 1
- 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 #
- A11944626
- Property Tax
- $7,132 (2025)
- HOA Fees
- $1,163 / Monthly
- Subdivision
- THE PRESIDENTIAL CONDO
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Beautifully updated 1-bedroom, 1-bath residence with a versatile den that can easily be used as a second bedroom, office, or guest space, located in the highly desirable South of Fifth neighborhood. This modern unit features an open-concept layout, a sleek kitchen with high-gloss cabinetry, stainless steel appliances, and a spacious island ideal for entertaining. Wood-look ceramic tile flooring flows throughout, creating a warm and contemporary feel. Bedrooms offer custom-built closets, maximizing storage and functionality. Spa-inspired bathroom with glass-enclosed shower and designer finishes.Enjoy ocean breezes and ocean views from your private balcony just steps from the beach. Residents also benefit from a full-service beach experience included in the HOA—dedicated beach chairs and umbrellas set up for you, allowing you to enjoy South Beach in true resort-style comfort without any additional cost.Includes an assigned parking space, a rare and valuable feature in the area, with the option to sell the space separately if not needed for up to $50,000. Prime location near world-class dining, parks, and the Miami Beach boardwalk. Turnkey and move-in ready.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1970
- Property Condition
- Resale
- Number of Stories
- 11
- Garage Spaces
- 1
- Parking
- Assigned / Covered
- Living Sq Ft
- 655
- Total Sq Ft
- 655
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Built In Features / Closet Cabinetry / Other
- Laundry
- Washer Hookup / Dryer Hookup
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Barbecue / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Ocean
Community & HOA
- HOA Fee
- $1,163 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Internet / Maintenance Structure / Sewer / Security
- Association Amenities
- Clubhouse / Maintenance Grounds / Picnic Area / Pool / Parking / Sauna / Elevators
- Security
- Security System / Elevator Secured / Key Card Entry / Phone Entry / Security Guard
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
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
- 11
- Under Contract
- 0
- Median List Price
- $490,000
- Median $/Sq Ft
- $779
- Avg Days on Market
- 99
Frequently Asked Questions
- How do I schedule a tour of 401 Ocean Drive 523, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 401 Ocean Drive 523, 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 523, Miami Beach, FL 33139 still available?
- 401 Ocean Drive 523, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 38 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 523, Miami Beach, FL 33139?
- With 20% down ($99,800) on the $499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 401 Ocean Drive 523, Miami Beach, FL 33139 is about $2,622/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 523, 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 523, 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 523, Miami Beach, FL 33139 have an HOA fee?
- Yes: 401 Ocean Drive 523, Miami Beach, FL 33139 carries an HOA fee of about $1,163 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 401 Ocean Drive 523, Miami Beach, FL 33139?
- 401 Ocean Drive 523, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 401 Ocean Drive 523, Miami Beach, FL 33139?
- Often, yes. The right offer on 401 Ocean Drive 523, 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 Coldwell Banker 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 August 30, 2026.
$465,000
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Listed by Benito Prats, Coldwell Banker 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 $672 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$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
Sold$440,000
Sold · November 18, 2025
401 Ocean Drive 1011
2 bed · 1 bath · 655 sqft · $672/sqft
$10,000 under the asking price
See every recorded sale in The Presidential Condo or find out what your The Presidential Condo home is worth.
