401 Ocean Drive, Unit 1007

Miami Beach, FL 33139

$589,999
Price
Studio
Beds
1
Bath
538 Sq. Ft.
$1,097 / Sq. Ft.
538
Sq. Ft.
$1,097
per Sq. Ft.

Description

Investor’s Dream: Luxurious Oceanfront Condo with Stunning Miami Beach Views. This fully remodeled, turn-key condo offers breathtaking ocean views, exceptional investment potential, and all brand-new features, including hurricane-rated impact glass doors, quartz Silestone countertops, marble flooring, 2017 AC, custom cabinetry, high-end appliances, and a tankless water heater. Perfectly located just steps from Ocean Drive, a beachfront gym, yoga, fine dining, exclusive clubs, and cruise ports, this...Investor’s Dream: Luxurious Oceanfront Condo with Stunning Miami Beach Views. This fully remodeled, turn-key condo offers breathtaking ocean views, exceptional investment potential, and all brand-new features, including hurricane-rated impact glass doors, quartz Silestone countertops, marble flooring, 2017 AC, custom cabinetry, high-end appliances, and a tankless water heater. Perfectly located just steps from Ocean Drive, a beachfront gym, yoga, fine dining, exclusive clubs, and cruise ports, this residence delivers the ultimate in luxury and lifestyle. With the 40 & 50-year recertification completed and all special assessments paid by the seller, this is a rare opportunity to own a brand-new, hassle-free investment in Miami’s premier beachfront market. Schedule your viewing today!
  1. Listed by Barbara Savalli • BHHS EWM Realty • savalli.b@ewm.com
  2. Listed by Juan Alvarez Londono • BHHS EWM Realty

Property Details for 401 Ocean Drive, Unit 1007

Subdivision
THE PRESIDENTIAL CONDO
Complex Name
The Presidential Condo
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Ocean Access, Ocean Front
View
Ocean View, Direct Ocean
Unit View
Ocean View, Direct Ocean
Area
42
LISTING UPDATED: 12/10/2024 01:23 PM

Property Details for 401 Ocean Drive, Unit 1007

StatusActive
MLS #A11706494
Days on Market12
Taxes$5,083 / year
HOA Fees$621 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1970
CountyMiami-Dade County

Building

THE PRESIDENTIAL

11 StoriesBuilt in 1970

Building Information for 401 Ocean Drive, Unit 1007

Building/ComplexTHE PRESIDENTIALFloor10Stories11Residences-Pet Policy-Year Built1970

Property Information for 401 Ocean Drive, Unit 1007

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-120-1960
  • Parcel Number MLX: 1960
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 120
  • Subdivision Complex Bldg: The Presidential Condo
  • Unit Floor Location: 10
  • Total Floors In Building: 11
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Covered Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: High Rise
  • Water Access: Deeded Beach Access
  • Construction: Concrete Block Construction, Elevated Construction
  • Construction Type: Concrete Block Construction, Elevated Construction
  • Flooring: Marble Floors
  • Floor Description: Marble Floors
  • Security Information: Doorman, Elevator Secure, Card Entry
Room Information
Room Information
  • Bedroom Description: Studio
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: None
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Closet Cabinetry
  • Equipment Appliances: Dishwasher, Electric Water Heater, Elevator, Microwave
  • Exterior Features: Open Balcony
  • Maintenance Includes: All Amenities, Building Exterior, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Parking, Recreation Facilities, Security, Trash Removal, Water
  • Amenities: Business Center, Exercise Room, Heated Pool
Financial Information
Financial Information
  • Total Mortgage: $276,250
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax
  • Special Information: As Is
Rental Information
Rent Information
  • Approval Information: 3-4 Weeks Approval, Application Fee Required, Association Approval Required
Rent Status
  • Other Fees: $150

Property History for 401 Ocean Drive, Unit 1007

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 401 Ocean Drive, Unit 1007

Taxable ValueLand-Additions-Total-
Tax Record2023$4,647 ($387 / month)
Home Facts
Beds0Total Finished SqFt538 SqFtAbove Grade Finished SqFt538 SqFtStyleCondominiumYear Built1970Zoning4900:MULTI-FACountyMIAMI-DADEAPN02-4203-120-1960

Schools near 401 Ocean Drive, Unit 1007

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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401 Ocean Drive, Unit 1007 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on December 9, 2024 by BHHS EWM Realty, it's currently listed at $589,999. It has been on the market for a total of 12 days and was last sold on November 4, 2004. This listing's school district is Miami-Dade County Public Schools. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 401 Ocean Drive, Unit 1007 is a 0-bed, 1-bath, 538 sqft condo built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. 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. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS EWM Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.