The Presidential, 401 Ocean Dr #523

$499K6.8%
$465,000
1
Beds
1
Baths
655
SqFt
Status
Sold - Mar 26, 2026
Parking
1
Size
655 SqFt (61 m2)
Price
$710/SqFt ($7,642/m2)
Type
Condo
Built
1970
HOA
$1,163/MO
MLS Number
A11944626
View
Ocean
On Site
245 Days
Updated
18 Days ago
Page Views
0
Beautifully updated 1-bedroom, 1-bath residence with a versatile den that can easily be used as a second bedroom, office, or guest space, located in the highly desirable South of Fifth neighborhood. This modern unit features an open-concept layout, a sleek kitchen with high-gloss cabinetry, stainless steel appliances, and a spacious island ideal for entertaining. Wood-look ceramic tile flooring flows throughout, creating a warm and contemporary feel. Bedrooms offer custom-built closets, maximizing storage and functionality. Spa-inspired bathroom with glass-enclosed shower and designer finishes. Enjoy ocean breezes and ocean views from your private balcony just steps from the beach. Residents also benefit from a full-service beach experience included in the HOA—dedicated beach chairs and umbrellas set up for you, allowing you to enjoy South Beach in true resort-style comfort without any additional cost. Includes an assigned parking space, a rare and valuable feature in the area, with the option to sell the space separately if not needed for up to $50,000. Prime location near world-class dining, parks, and the Miami Beach boardwalk. Turnkey and move-in ready.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, Barbecue, SecurityHighImpactDoors
  • View: Ocean
Interior, Heating and Cooling
  • Interior Features: BuiltInFeatures, ClosetCabinetry, Other
  • Equipment / Appliances: Dryer, Dishwasher, Disposal, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Year Built: 1970
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: South Pointe
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Other Property Info
  • Garage: 1
  • Listing Date: 2026-01-13T13:08:13.000-00:00
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Maintenance Includes: Amenities, CommonAreas, CableTv, Internet, MaintenanceStructure, Parking, Sewer, Security
  • Taxes: 7132
  • Security Information: ElevatorSecured, Intercom, KeyCardEntry, LobbySecured, PhoneEntry, SecurityGuard
  • Parking Description: Assigned, Covered, OneSpace
  • Total Floors in Building: 11

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Price History

Current
$465K
High
$499K
Low
$465K
Total Change
-6.8%
$503K$482K$461KJan 26Jan 26Mar 26
Date
Event
Price
Change
Price Per
03/26/2026
Sold
$465K
0%
$710 ft2
$7,642 m2
01/13/2026
Price Reduced
$465K
-6.81%
$710 ft2
$7,642 m2
01/13/2026
Listed
$499K
 
$762 ft2
$8,200 m2
03/26/2026
$465K
Event
Sold
Change
0%
Price Per
$710 ft2
$7,642 m2
01/13/2026
$465K
Event
Price Reduced
Change
-6.81%
Price Per
$710 ft2
$7,642 m2
01/13/2026
$499K
Event
Listed
Price Per
$762 ft2
$8,200 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Benito PratsColdwell Banker Realty • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Walker's Paradise. Daily errands do not require a car
92

100
Transit Score®
Some Transit. A few nearby public transportation options
49

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
83

100
Sound Score®
Bearable noise
79

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
28

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
Studio – 2 BR
Bedrooms
$419K – $950K
Price Tier
404 - 1,384
SqFt Range
1970
Year Build
11
Total Floors

Subdivision Amenities

Barbecue
Bike Storage
Clubhouse
Controlled Access
Elevators
Fitness Center
Hobby Room
Laundry
Management
Pool
Sauna
Storage
Trash

Miami Beach
High-End
High-End Homes & Condos