18
Map
$454,000
↓ $11K (2.4%)
●
Condo -
For Sale
401 Ocean Dr #222WITHPARKING
Miami Beach, FL 33139
1 Bed
1 Bath
655 Ft²
$3,982
Est. Monthly
$1,134
HOA / Fees
About This Property
Wake up to spectacular ocean sunrises from this fully furnished
ocean-view condo with direct access to the beach, in Miami Beach's
South of Fifth neighborhood. Beach chair and umbrella service is
included. You are steps from South Pointe Park and South Pointe
Beach, with the area's best dining and shopping close by.
Inside, the move-in-ready home has an open-concept kitchen and living area, new laminate floors, impact windows and sliders, brand-new central A/C, and plenty of storage, including two walk-in closets. Spend your afternoons at the heated beachfront pool and sun deck.
The unit comes with its own private parking space in a gated lot. Only about one-third of the building's residents have one, and the space is valued at around $50,000. The building has healthy reserves, 24/7 security, and a newly completed 50-year recertification. Every floor has elevators and laundry facilities. The monthly fee covers water, cable, high-speed internet, landscaping, trash, and pest control. This condo works as a primary residence, a vacation retreat, or an investment property.
Inside, the move-in-ready home has an open-concept kitchen and living area, new laminate floors, impact windows and sliders, brand-new central A/C, and plenty of storage, including two walk-in closets. Spend your afternoons at the heated beachfront pool and sun deck.
The unit comes with its own private parking space in a gated lot. Only about one-third of the building's residents have one, and the space is valued at around $50,000. The building has healthy reserves, 24/7 security, and a newly completed 50-year recertification. Every floor has elevators and laundry facilities. The monthly fee covers water, cable, high-speed internet, landscaping, trash, and pest control. This condo works as a primary residence, a vacation retreat, or an investment property.
Unit Size
655 Ft²
Days on Market
82 days
Land Size
-
Price per sqft
$693
Property Type
Condo
Property Taxes
$618
HOA Dues
$1,134
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 26 days ago (Miami MLS #A12064858)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$454,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by Beachfront Realty Inc | $465,000 | |
| Listed by Beachfront Realty Inc | |||
Property Highlights
Elevator
Parking Available
Garage
Doorman
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Assigned, Deeded, 1 Space
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Walk-In Closet(s), Interior Hall
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Water Purifier, Refrigerator
Exterior Details
Has Property Attached
Square Footage: 655
Security Features: Smoke Detector(s), Secured Garage/Parking, Intercom In Lobby, Lobby Secured
Architectural Style: High Rise
Year Built: 1970
Waterfront Features: Ocean Access, Ocean Front
Building Name: THE PRESIDENTIAL CONDO
Building Area Total: 655
Building Area Units: Square Feet
Window Features: Clear Impact Glass, High Impact Windows, Impact Glass, Sliding
Construction Materials: CBS Construction
Patio and Porch Features: Open Balcony
Lot Size Units: Square Feet
Financial Details
Tax Annual Amount: $7,418
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Laundry, Elevator(s), Storage, Pool, Heated Pool
HOA Fee: $1,134
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/15/2025
|
1 Bed
|
1 Bath
|
667 ft²
|
$420,000
1 Bed
1 Bath
667 ft²
|
$340,000
-19.05%
10/10/2025
|
Roman Tryndus
United Realty Group Inc
| |
|
03/04/2024
|
1 Bed
|
1 Bath
|
655 ft²
|
$595,000
1 Bed
1 Bath
655 ft²
|
$525,000
-11.76%
05/21/2024
|
Richard Allison
The Corcoran Group
| |
|
08/03/2023
|
1 Bed
|
1 Bath
|
679 ft²
|
$720,000
1 Bed
1 Bath
679 ft²
|
-
-
|
James Rodgers
Skymarc Properties LLC
| |
|
07/09/2023
|
1 Bed
|
1 Bath
|
655 ft²
|
$569,000
1 Bed
1 Bath
655 ft²
|
-
-
|
James Rodgers
Skymarc Properties LLC
| |
|
05/18/2023
|
1 Bed
|
1 Bath
|
655 ft²
|
$569,900
1 Bed
1 Bath
655 ft²
|
-
-
|
Chaim Glik
Beachfront Realty Inc
| |
|
05/05/2023
|
1 Bed
|
1 Bath
|
659 ft²
|
$390,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Harry Baxter
Fortune International Realty Brickell Inc
| |
|
11/13/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$514,990
1 Bed
1 Bath
659 ft²
|
-
-
|
Luis Chavarria Gonzalez
Grand Realty of America, Corp.
| |
|
03/21/2023
|
1 Bed
|
1 Bath
|
659 ft²
|
$369,999
1 Bed
1 Bath
659 ft²
|
-
-
|
Luis Chavarria Gonzalez
Grand Realty of America, Corp.
| |
|
03/20/2023
|
1 Bed
|
1 Bath
|
659 ft²
|
$390,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Allison Cotter
Keller Williams Miami Beach Realty
| |
|
03/05/2023
|
1 Bed
|
1 Bath
|
717 ft²
|
$410,000
1 Bed
1 Bath
717 ft²
|
-
-
|
Luisa Chacon
Brickell Realty Group, LLC
| |
|
02/28/2023
|
1 Bed
|
1 Bath
|
655 ft²
|
$375,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Thomas Bichi
Keller Williams Miami Beach Realty
| |
|
02/04/2023
|
1 Bed
|
1 Bath
|
654 ft²
|
$549,000
1 Bed
1 Bath
654 ft²
|
-
-
|
Jeffrey Wilkinson PA
Douglas Elliman
| |
|
01/27/2023
|
1 Bed
|
1 Bath
|
655 ft²
|
$535,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Kevin Silva Yagua
Avanti Way Realty LLC
| |
|
01/03/2023
|
1 Bed
|
1 Bath
|
655 ft²
|
$445,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Thomas Bichi
Keller Williams Miami Beach Realty
| |
|
12/17/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$475,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Adanna Becker
Sterling Equity Realty LLC
| |
|
12/10/2022
|
Studio
|
1 Bath
|
404 ft²
|
$340,000
Studio
1 Bath
404 ft²
|
-
-
|
Esha Desaiy
Fathom Realty FL LLC
| |
|
12/02/2022
|
1 Bed
|
1 Bath
|
679 ft²
|
$775,000
1 Bed
1 Bath
679 ft²
|
-
-
|
Prince Hassan
Compass Florida, LLC
| |
|
11/23/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$499,000
1 Bed
1 Bath
655 ft²
|
-
-
|
J. Richard Allison
Douglas Elliman (Palm Beach)
| |
|
11/17/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$450,000
1 Bed
1 Bath
655 ft²
|
-
-
|
James Rodgers
Skymarc Properties LLC
| |
|
11/04/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$535,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Teresita Lanza
Luxe Properties
| |
|
10/15/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$595,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Chaim Glik
Beachfront Realty Inc
| |
|
09/14/2022
|
1 Bed
|
1 Bath
|
667 ft²
|
$525,000
1 Bed
1 Bath
667 ft²
|
-
-
|
Valerio Spinaci
Opera REI Inc
| |
|
09/03/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$545,000
1 Bed
1 Bath
655 ft²
|
-
-
|
James Rodgers
Skymarc Properties LLC
| |
|
08/23/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$540,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Melquiades Alvarez
Florida Realty of Miami Corp
| |
|
08/17/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$557,500
1 Bed
1 Bath
655 ft²
|
$545,000
-2.24%
11/14/2022
|
Patricia Mary Steele
Charles Rutenberg Realty FTL
| |
|
07/21/2022
|
1 Bed
|
1 Bath
|
679 ft²
|
$790,000
1 Bed
1 Bath
679 ft²
|
-
-
|
Thomas Bichi
Keller Williams Miami Beach Realty
| |
|
06/13/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$465,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Milli Membiela
Membiela Properties Inc
| |
|
05/27/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$475,000
1 Bed
1 Bath
659 ft²
|
-
-
|
David Bloom
Deal Flow Realty, LLC.
| |
|
05/24/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$389,999
1 Bed
1 Bath
655 ft²
|
-
-
|
Aurora Ruiz-Hurte
Aurora Real Estate Services
| |
|
05/04/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$599,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Piermassimo Picchiura
SOBE International Realty
| |
|
04/05/2022
|
1 Bed
|
1 Bath
|
717 ft²
|
$430,000
1 Bed
1 Bath
717 ft²
|
$420,000
-2.33%
05/18/2022
|
Leona Ujkic
Compass Florida, LLC
| |
|
03/30/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$539,000
1 Bed
1 Bath
659 ft²
|
-
-
|
James Rodgers
Skymarc Properties LLC
| |
|
12/10/2021
|
1 Bed
|
1 Bath
|
659 ft²
|
$485,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Milli Membiela
Membiela Properties Inc
| |
|
11/16/2021
|
1 Bed
|
1 Bath
|
659 ft²
|
$450,000
1 Bed
1 Bath
659 ft²
|
-
03/29/2022
|
Beatriz Namen
Brier Real Estate Group
| |
|
11/12/2021
|
1 Bed
|
1 Bath
|
659 ft²
|
$389,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Harry Baxter
Fortune International Realty Brickell Inc
| |
|
08/24/2021
|
1 Bed
|
1 Bath
|
667 ft²
|
$399,000
1 Bed
1 Bath
667 ft²
|
-
-
|
Melissa Lorenzo
Lexan Real Estate, LLC
| |
|
07/29/2021
|
1 Bed
|
1 Bath
|
655 ft²
|
$415,000
1 Bed
1 Bath
655 ft²
|
$405,000
-2.41%
11/12/2021
|
Sylvia Smith-Levine
Smith Associates, Inc
| |
|
05/18/2021
|
1 Bed
|
1 Bath
|
655 ft²
|
$425,000
1 Bed
1 Bath
655 ft²
|
-
-
|
Melquiades Alvarez
Florida Realty of Miami Corp
| |
|
04/21/2021
|
1 Bed
|
1 Bath
|
655 ft²
|
$474,000
1 Bed
1 Bath
655 ft²
|
$415,000
-12.45%
10/08/2021
|
David Dajani
BHHS EWM Realty
| |
|
09/25/2020
|
2 Bed
|
1 Bath
|
655 ft²
|
$319,000
2 Bed
1 Bath
655 ft²
|
$330,000
+3.45%
06/23/2021
|
Andrew Katz
Howard Chase Real Estate, LLC
| |
|
05/25/2020
|
1 Bed
|
1 Bath
|
655 ft²
|
$320,000
1 Bed
1 Bath
655 ft²
|
$315,000
-1.56%
07/27/2020
|
Simone Doerr
Howard Chase Real Estate, LLC
| |
|
02/15/2020
|
2 Bed
|
1 Bath
|
654 ft²
|
$325,000
2 Bed
1 Bath
654 ft²
|
$345,000
+6.15%
08/24/2020
|
Andrew Katz
Howard Chase Real Estate, LLC
| |
|
01/08/2020
|
2 Bed
|
1 Bath
|
659 ft²
|
$359,000
2 Bed
1 Bath
659 ft²
|
$335,000
-6.69%
05/26/2020
|
Andrew Katz
Howard Chase Real Estate, LLC
| |
|
03/24/2014
|
1 Bed
|
1 Bath
|
655 ft²
|
$324,900
1 Bed
1 Bath
655 ft²
|
$320,000
-1.51%
05/21/2014
|
Howard Elfman
The Agency Florida LLC
| |
|
06/19/2008
|
1 Bed
|
2 Bath
|
655 ft²
|
$269,900
1 Bed
2 Bath
655 ft²
|
$269,900
07/30/2008
|
Joshua Kremer
Jack Grunfeld
|
Building Info
About South Pointe
Similar Homes for Sale
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$9,000 /mo
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- 1,252 ft²
$8,625 /mo
- 1 Bed
- 1 Bath
- 880 ft²
Listed by: Benito Guido
Beachfront Realty Inc
Last Updated: 26 days ago
Data Source: Miami MLS, MLS# A12064858
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Beachfront Realty Inc
Last Updated: 26 days ago
Data Source: Miami MLS, MLS# A12064858
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017