401 Ocean Dr #302
About This Property
The manager has listed the unit size as 659 square feet.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2025 | Price Decreased |
$400,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Mar 5, 2025 | Price Decreased |
$415,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Jan 5, 2025 | Listed | $435,000 | |
| Listed | |||
| | |||
|
Includes a parking spot! South of Fifth GEM! Recently renovated with a brand-new AC, the property includes the rare luxury of a designated parking spot. Enjoy the sunset from your oversized balcony or the recently renovated pool deck. The building features 24/7 security with gated entry, private beach access, a saltwater pool, a sauna, a beach club, and a gym coming in the new future, and much more.
| |||
| Jun 21, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | Listed | $390,000 | |
| Listed | |||
| | |||
|
Park in the assigned parking space and enjoy the 1 bed/1 bath unit in the ocean front building in world class South Beach neighborhood. Residence features stainless steel appliances, granite countertops, breakfast bar, plenty of closet space, new impact windows and doors. Unit is freshly painted and power cleaned. Direct beach access.Ocean front pool. Directly on Miami Beach walk. Building has on-site security and management. Low monthly maintenance fees includes basic cable and high-speed Internet. Building features refinished balconies and new exterior paint, along with impact windows and doors. Walk right out the door to the best restaurants,entertainment, shopping, gyms and nightlife. South Beach living at its finest. Ring in the new year with this South Beach treasure. The manager has listed the unit size as 659 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Currently no similar homes aroundNearby Rentals
$9,000 /mo
- 2 Beds
- 2 Baths
- 1,252 ft²
$8,625 /mo
- 1 Bed
- 1 Bath
- 880 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017