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Active - Condominium for sale

401 Ocean Dr # 1007, Miami Beach FL 33139

1 bth|538 sqft

Facts & features

Condominium Property type
263 days on Beycome
1970 Year built
$874 Price/Sqft.
$1,134/mo HOA

Why you’ll love it

Direct ocean view living in the highly sought-after South of Fifth neighborhood. The only direct ocean view unit currently available in the building, this spacious 538 SF deluxe studio offers stunning sunrise & Atlantic scenery from your private balcony in a true oceanfront building — the ultimate pied-à-terre or year-round dream home. Meticulously renovated with over $100,000 in high-end upgrades, the sleek designer kitchen features striking black quartz countertops, crisp contemporary white cabinetry, and stainless steel appliances. Calacatta porcelain flooring flows throughout the residence, creating a clean, modern feel. The spa-inspired bathroom is finished in matching Calacatta porcelain on the floors and walls, complemented by a contemporary wood-tone vanity, LED mirror, glass-enclosed shower, and modern fixtures. New impact windows frame breathtaking ocean views, and an abundance of closet space enhances comfort. Located in a modernized, secure, gated oceanfront building, with completed 40-year recertification and all special assessments paid. Residents enjoy a brand-new pool deck, heated pool, direct beach and boardwalk access, complimentary beach service with chairs and umbrella, cable and internet included, and a brand new gym coming soon. All of this in the prestigious South of Fifth — and all for well under $500K. You deserve this lifestyle.

Translating description...

Listings courtesy of Compass Florida, LLC.

Listed by: Michael Porat • 305-587-6179 • Compass Florida, LLC

Co-listed by: Compass Florida, LLC

Source: Miami MLS, MLS#: A11969826 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$305,000$635,000
1%20%
0%90%
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Estimated monthly payment

$4,079/mo

  • Mortgage$2,377
  • Property tax$569
  • HOA fee
  • Homeowners insurance
Due at closing$373,650
Down payment held in escrow$94,000
Closing costs$7,050
beycome credit Est.$9,400

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About The Presidential Condo,Presidential Condo

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$470,000 Listed price

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$9,400 Credit back

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