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401 Ocean Drive 903, Miami Beach, FL 33139
Active
42 Days on Market
Virtual Tour
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How this price compares

List price
$649,000
Price per sq ft
$985
Original price
Unchanged
Days on market
42

This 1-bedroom condo in The Presidential Condo is listed at $649,000, or $985 per square foot. It has been on the market for 42 days.

1
Bedrooms
1
Bathrooms
659
Living Sq Ft
1970
Year Built

Estimated monthly payment

$3,411 /mo

Principal and interest only, based on $129,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,163/mo HOA are not included.

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Listing Snapshot

Price
$649,000
Days on Site
42 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
659 sqft
Total Sq Ft
659 sqft
Year Built
1970
Property Type
Condo
MLS #
A12079874
Property Tax
$5,400 (2025)
HOA Fees
$1,163 / Monthly
Subdivision
THE PRESIDENTIAL CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Experience direct beachfront living in an elegant, fully renovated residence, South of Fifth neighborhood. Thoughtfully designed, reflecting mid-century modern organic minimalism, preserving the exceptional architectural interior space flow with highest emphasis on comfort. Western exposure fills the residence with natural light, framing unobstructed views of the Miami skyline, Rickenbacker Causeway, Biscayne Bay, Port of Miami. Spectacular sunsets and passing cruise ships visible from nearly every interior point. Expansive, ultra wide terrace tastefully complementing the inside space. Thorough renovations done by code, permitted, all city inspections passed. Certified (recorded) architectural plans available.Structurally healthy condo, meticulously managed, offering complete peace of mind investment. Set within a peaceful, gated oceanfront community, residents enjoy direct beach and ocean access, private beach service, saltwater pool overlooking the Atlantic Ocean. Step directly onto the beach for twice a day yoga sessions or follow the oceanfront promenade on a scenic walks to South Pointe Park and Pier. Fitness center coming soon. World class restaurants, neighborhood cafés, parks, marinas and Miami Beach’s iconic Art Deco district are all within few blocks pleasant walk.Well established community. No rentals first year of ownership. Service animals and ESA only. Short term rentals strictly prohibited.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1970
Property Condition
Updated Remodeled
Number of Stories
11
Garage Spaces
0
Living Sq Ft
659
Total Sq Ft
659

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Oven / Refrigerator
Cooling
Central Air
Heating
Central
Interior Features
Built In Features / Closet Cabinetry / Elevator / Custom Mirrors / Main Level Primary / Other

Exterior Features

Construction
Block
Exterior Features
Lighting / Outdoor Living Area
Private Pool
Yes
Pool Features
Private / Association / Heated
Patio & Porch
Deck
Waterfront
Yes
Waterfront Features
No Fixed Bridges / Ocean Access / Ocean Front
View
Ocean / Skyline / Water

Community & HOA

HOA Fee
$1,163 / Monthly
HOA Includes
Internet / Maintenance Grounds / Maintenance Structure / Pest Control / Pools / Reserve Fund / Roof / Sewer / Security / Trash / Water
Association Amenities
Clubhouse / Fitness Center / Laundry / Pool / Parking / Storage / Elevators
Community Features
Home Owners Association
Security
Closed Circuit Cameras / Fire Alarm / Secured Garage Parking / Key Card Entry / Security Fence
Pets Allowed
Yes
Financing Terms
Cash / Cryptocurrency
Restrictions
No Lease2nd Year Owned / Ok To Lease / Short Term Rentals Allowed
MLS Area
2420

This home's HOA fee works out to $1,163 a month, in line with the $1,134 median across 11 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

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
View all 11 homes for sale in The Presidential →
How do I schedule a tour of 401 Ocean Drive 903, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 401 Ocean Drive 903, 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 903, Miami Beach, FL 33139 still available?
401 Ocean Drive 903, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 42 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 903, Miami Beach, FL 33139?
With 20% down ($129,800) on the $649,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 401 Ocean Drive 903, Miami Beach, FL 33139 is about $3,411/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 903, 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 903, 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 903, Miami Beach, FL 33139 have an HOA fee?
Yes: 401 Ocean Drive 903, 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 903, Miami Beach, FL 33139?
401 Ocean Drive 903, 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 903, Miami Beach, FL 33139?
Often, yes. The right offer on 401 Ocean Drive 903, 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 London Foster 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 September 2, 2026.

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Listed by Krste Stojanoski, London Foster Realty

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