401 Ocean Drive

401 Ocean Drive is a condo located in South Pointe, Miami Beach. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 67 closings on record, of which we have matching data for 9 listings. In the past 3 years, a listing in this building will typically remain on the market for about 155 days and tend to sell below the original asking price of $382,000 by 1.99%. Meaning, listings tend to sell at a median of $583 price per square foot. The transaction that took the longest to complete was unit 525, listed on Sep 25, 2020 for $319,000. This particular unit ultimately sold 271 days later for $330,000. The most recent transaction was for unit 502, which was first advertised on Jun 07, 2023, sold for $400,000 on Dec 20, 2023. Fun fact, the oldest transaction we have on record took place on Jan 06, 1994. See the full transaction history for 401 Ocean Drive below.

South Pointe, where 401 Ocean Drive is located, has a median asking price of $1,275,000 for condo buildings. Meanwhile, the building itself has a median asking price of $382,000. For interested buyers, that means the building's median asking price is around 0.70% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 10 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,250,000. It is a 679 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $419,000. It is a 538 sqft studio and 1 bathroom unit. A breakdown of active listings shows 2 studio, 7 one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $482,500. Collectively, the median square footage of these active units for sale is 657 sqft. Active units for sale at 401 Ocean Drive have a median count of 1 bedrooms and have a median count of 1 bathroom.