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401 Ocean Dr 523Miami Beach, FL 33139

For Sale

$499,000

Smart Buyer Rebate $2,475

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, 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. 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.

Listed by Benito Prats

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License #3478099

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Coldwell Banker Realty

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786-501-4070

Last updated January 13, 2026

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Source: MIAMIRE #A11944626

Listing Facts

  • TypeCondo
  • NeighborhoodSoFi
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu17
  • HOA/Maint. Fees$1,163/month
  • Taxes$7,132/year
  • Size655 sqft
  • Price per sqft$762

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

01/13/2026
Listed by Coldwell Banker Realty
$499,000

Property Details for 401 Ocean Dr 523

Association

Amenities

  • Association Amenities: Barbecue, Clubhouse-Clubroom, Elevator(s), Pool, Sauna
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $1,163.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Internet/Wi Fi, Parking, Security, Sewer

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 11
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built: 1970
  • Year Built Details: Resale
  • Architectural Style: High Rise
  • Building Name: Presidential Condo
  • Construction Materials: Concrete Block Construction
  • Entry Level: 5
  • Exterior Features: Barbeque, Open Balcony

Features

  • Patio And Porch Features: Open Balcony
  • View: Ocean View

Measurements

  • Building Area Total: 655
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-42-03-120-0860
  • Tax Annual Amount: $7,132.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Flooring: Tile
  • Interior Features: Built-in Features, Closet Cabinetry

Measurements

  • Living Area: 655
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: THE PRESIDENTIAL CONDO

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: 1 Space, Assigned, Covered

Schools

Elementary School

  • Elementary School: South Pointe

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Nautilus

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 401 Ocean Dr 523.

What schools are nearby to 401 Ocean Dr 523?

Nearby schools include the South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School.

Does this condo have parking?

Yes, there is 1 parking space available for 401 Ocean Dr 523.

Are pets allowed at 401 Ocean Dr?

Yes, 401 Ocean Dr allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 401 Ocean Dr 523?

Annual taxes for this condo are estimated at $7,132.

How does 401 Ocean Dr 523 compare to other condos in SoFi?

This condo is listed 77% below the average price for condos in SoFi and has been on the market for 113 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Presidential Condo building.

What is the square footage on this condo?

According to the MLS, this listing is 655 sqft.

401 Ocean Dr 523 is a 1-bedroom, 1-bath condo for sale in Miami Beach FL 33139. Available on Prevu for 17 days at $499,000. This home features 655 square feet of living space, located in SoFi. The median listing price for condos in this area is $844,500. Nearby schools include South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. View other condo listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.