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  1. Home/
  2. Miami Beach, FL/
  3. 401 Ocean Dr

401 Ocean Dr

401 Ocean Dr, Miami Beach, FL, 33139

0 Units for Sale

View from a balcony overlooking the ocean with beach and buildings.View Listing
MLS ID #A11741710
View from a balcony overlooking the ocean with beach and buildings.View ListingMLS ID #A11741710
Balcony with seating and view of neighboring buildings.View ListingMLS ID #A11744394
Balcony view overlooking cityscape with high-rise buildings.View ListingMLS ID #A11744394
Wide-angle view of a cityscape with multiple buildings and a clear sky.View ListingMLS ID #A11744394
YearBuilt

Year Built

1970

Stories

# Stories

11

#TotalUnits

# Total Units

193
UnitSizeRange

Unit Size Range

404-1,384 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About 401 Ocean Dr

The Presidential Condo is an 11-story condominium completed in 1970, offering a variety of unit configurations with 1, 2, and 3 bedrooms. Located at 401 Ocean Drive in Miami Beach, FL, this property features stunning waterfront views that enhance its appeal. Unit prices range from $786,000 to $886,000, reflecting the quality and location of the condos. The building provides an array of amenities, including a heated pool, private beach pavilion, and a clubhouse with a community room and library. Residents can also enjoy the fitness center, sauna, and spa/hot tub, along with a variety of recreational options such as a bike/jog path, barbecue area, and billiard room. Additional facilities include a business center, hobby room, and laundry services, ensuring convenience for all residents. The property is equipped with elevators and offers a courtesy bus for transportation needs. With its comprehensive set of amenities and prime waterfront setting, The Presidential Condo is designed to cater to a well-rounded lifestyle.

View from a balcony overlooking the ocean with beach and buildings.View Listing
MLS ID #A11741710
View from a balcony overlooking the ocean with beach and buildings.View ListingMLS ID #A11741710
Balcony with seating and view of neighboring buildings.View ListingMLS ID #A11744394
Balcony view overlooking cityscape with high-rise buildings.View ListingMLS ID #A11744394
Wide-angle view of a cityscape with multiple buildings and a clear sky.View ListingMLS ID #A11744394

Amenities

Living at The Presidential Condo doesn't just mean having a roof over your head; it’s about embracing a lifestyle loaded with amenities. Picture yourself taking a dip in the heated pool or lounging in the spa/hot tub after a long day. Enjoy summer evenings barbecue-ing with friends, or take advantage of the entertaining community spaces like the clubhouse or billiard room. For those who love their fitness, there’s an exercise room, bike/jog path, and even a sauna to help you unwind after a workout. Just steps away from the beach, you can experience private beach access, which adds to the exclusive feel of this community.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Now, let’s talk about house rules! The Presidential Condo has a few restrictions to keep things running smoothly, including a pet policy that allows pets not exceeding 20 lbs. While there are restrictions, they really help maintain the community's charm and your peaceful living.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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401 Ocean Dr Market Report (last 12 months)

Avg. List Price
$490,367 ($793/Sqft.)
Year-Over-Year List Price
Down Arrow 13.47%
Total Listings
Listings15
Avg. Days On Market
Calendar101
Avg. Sale Price
$440,200 ($739/Sqft.)
Year-Over-Year Sale Price
Down Arrow 18.34%
Total Sold
Sold10
Avg. HOA Fees/Sqft
$2 /monthly

Demographics For all South Point / South of Fifth listings

AVERAGE RESIDENT AGE

41 years old

AVERAGE HOUSEHOLD INCOME

$63,403/year

AVERAGE HOUSEHOLD COMPOSITION

2 People

Star IconWhat to know about South Point / South of Fifth demographics:

  • 27.66% of the population holds a bachelor's degree, indicating a well-educated community that values higher education.
  • The average age of residents is approximately 41 years, appealing to both established families and professionals.
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Living in 401 Ocean Dr

Condo Living at The Presidential Condo, located at 401 OCEAN DR,MIAMI BEACH,FL:

Welcome to The Presidential Condo, a charming gem nestled right at the heart of Miami Beach. With a prime address at 401 Ocean Drive, this 11-story building, constructed in 1970, is perfect for first-time buyers looking for a vibrant community and gorgeous beachfront living. The condo boasts 193 units, so there's plenty of opportunity to find the right space that fits your needs. Imagine waking up to the sound of the ocean and spending your days lounging on the beach—life can't get much better than this!

Building Features and Unit Availability:

One of the great things about The Presidential Condo is the variety it offers. Units here range in size from cozy studios of approximately 404 square feet to spacious ones hitting up to 1,384 square feet. There's high availability for units at the moment, which is fantastic news for first-time buyers eager to make a move without getting caught up in bidding wars. With an average closed price hovering around $437,616 and a price per square foot at $739, you have a decent range to explore your options.

Life at The Presidential Condo:

With a majority of residents being renters, you’ll feel a vibrant energy around you. The neighborhood draws a mix of students and young professionals, making it a friendly locale where you can connect with new friends. You could easily set out on foot or hop on your bike to explore local hangouts.

  1. Home/
  2. Miami Beach, FL/
  3. 401 Ocean Dr
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