$488,976*
●
Condo -
Off Market
401 Ocean Dr #721
Miami Beach, FL 33139
1 Bed
1 Bath
655 Ft²
$428,000 - $522,000
Reference Base Price*
2.94%
Since Jul 1, 2023
FL-Miami
Primary Model
About This Property
Beautiful furnished 1 bed condo right on to the sandy beach &
turquoise ocean.Impact windows,bedrm electric blackout blind,tiled
floors throughout,open kitchen,oversized countertop,glassed-in
shower,central A/C only 2 yrs old & Nest thermostat,tankless
electric water heater,walk-in closet,balcony w/magnificent water
view & assigned gated parking. Direct view of the Atlantic Ocean
from the pool deck(renovation done approx.Aug.'23),sauna,community
room,high-speed Internet,free community storage&covered bike
rack. Next door to the Savoy Hotel & Beach Club w/its exclusive
membership,short walk to restaurants,FREE trolley & so much more.No
pets nor short-term rentals allowed! No rentals 1st yr.! 40yrs
recertification done/50yrs to be finished soon! Special assessments
paid by seller at closing!
The manager has listed the unit size as 655 square feet.
The manager has listed the unit size as 655 square feet.
Unit Size
655 Ft²
Days on Market
-
Land Size
-
Price per sqft
$725
Property Type
Condo
Property Taxes
$429
HOA Dues
$599
Year Built
-
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Cap Rate Calculator
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2023 | No longer available | - | |
| No longer available | |||
| Dec 17, 2022 | Listed | $475,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Exterior Details
Block
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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017