How do I schedule a tour of 401 Ocean Drive 722, Miami Beach, FL 33139?

Use the Tour button on this listing to request a showing of 401 Ocean Drive 722, 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 722, Miami Beach, FL 33139 still available?

401 Ocean Drive 722, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 408 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 722, Miami Beach, FL 33139?

With 20% down ($109,800) on the $549,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 401 Ocean Drive 722, Miami Beach, FL 33139 is about $2,885/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 722, 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 722, 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 722, Miami Beach, FL 33139 have an HOA fee?

Yes: 401 Ocean Drive 722, 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.

What schools serve 401 Ocean Drive 722, Miami Beach, FL 33139?

401 Ocean Drive 722, 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 722, Miami Beach, FL 33139?

Often, yes. The right offer on 401 Ocean Drive 722, 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.

Active

408 Days on Market

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$549,000

401 Ocean Drive 722

Miami Beach, FL 33139

THE PRESIDENTIAL CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $549,000
Price per sq ft: $838
Original price: $588,000
Days on market: 408

This 1-bedroom condo in The Presidential Condo is listed at $549,000, or $838 per square foot. The asking price has come down 6.6% from its original $588,000. It has been on the market for 408 days.

Bedrooms

Bathrooms

655

Living Sq Ft

1970

Year Built

Estimated monthly payment

$2,885 /mo

Principal and interest only, based on $109,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,031/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $549,000
Days on Site: 408 Days
Bedrooms: 1
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 655 sqft
Year Built: 1970
Property Type: Condo
MLS #: A11823998
Property Tax: $6,296 (2024)
HOA Fees: $1,031 / Monthly
Subdivision: THE PRESIDENTIAL CONDO
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Beautifully 1 bed, 1 bath oceanfront unit located in Miami Beach’s exclusive South of Fifth neighborhood. Enjoy breathtaking views of the Atlantic from your living room, bedroom, kitchen, and spacious balcony facing north. The unit features new hurricane-impact windows and sliders, imported tile floors, granite countertops, stainless steel appliances, and generous storage. Building amenities include a heated oceanfront pool, direct beach access, gated security, covered parking, and completed 40-year certification. Just steps from iconic destinations like Joe’s Stone Crab, South Pointe Park, Ocean Drive, and Prime 112—this is the ultimate South Beach lifestyle. The Presidential Condominium Owners Association401 Ocean Drive Suite 200Miami Beach, Florida 33139Phone: (305) 673-4965Fax (305) 673-1983Contact: Monica Sosainfo@PresidentialSouthBeach.comMonday – Thursday 8a – 4:30pFriday 8a – 2p

Virtual Tour

General Features

Property Type: Condo
Status: Active
Year Built: 1970
Property Condition: Resale
Number of Stories: 10
Garage Spaces: 1
Attached Garage: Yes
Parking: Assigned / Attached / Garage / Garage Door Opener
Direction Faces: Northeast
Living Sq Ft: 655

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Washer
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Ceramic Tile
Interior Features: Breakfast Bar / Entrance Foyer / Elevator / Living Dining Room / Custom Mirrors / Other / Pantry / Walk In Closets
Windows: Blinds

Exterior Features

Construction: Block
Exterior Features: Outdoor Living Area
Waterfront: Yes
Waterfront Features: Ocean Front / Other
View: Ocean / Water

Community & HOA

HOA Fee: $1,031 / Monthly
HOA Includes: Cable Tv
Association Amenities: Elevators
Security: Phone Entry / Smoke Detectors / Security Fence
Utilities: Cable Available
Pets Allowed: No / Pet Restrictions
Financing Terms: Cash / Owner Will Carry
Restrictions: See Remarks
MLS Area: 2420

This home's HOA fee works out to $1,031 a month, 10% below the $1,148 median across 14 homes for sale in The Presidential Condo. See The Presidential Condo HOA fees

Schools

Elementary School: Miami Beach South Pointe
Middle School: Miami Beach Nautilus
High School: Miami Beach

About the Community

The Presidential

View Community Details →

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: 91

View all 14 homes for sale in The Presidential →

Frequently Asked Questions

How do I schedule a tour of 401 Ocean Drive 722, Miami Beach, FL 33139?: Use the Tour button on this listing to request a showing of 401 Ocean Drive 722, 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 722, Miami Beach, FL 33139 still available?: 401 Ocean Drive 722, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 408 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 722, Miami Beach, FL 33139?: With 20% down ($109,800) on the $549,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 401 Ocean Drive 722, Miami Beach, FL 33139 is about $2,885/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 722, 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 722, 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 722, Miami Beach, FL 33139 have an HOA fee?: Yes: 401 Ocean Drive 722, 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.
What schools serve 401 Ocean Drive 722, Miami Beach, FL 33139?: 401 Ocean Drive 722, 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 722, Miami Beach, FL 33139?: Often, yes. The right offer on 401 Ocean Drive 722, 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 The Keyes Company

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 June 23, 2026.

$549,000

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Listed by Gipsy Ramos, The Keyes Company

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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.