How much is 401 Ocean Drive 316?

401 Ocean Drive 316 is listed at $950,000, which is about $1,272 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 401 Ocean Drive 316?

The listing reports an association fee of $1,163 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 401 Ocean Drive 316?

The listing reports annual property taxes of $12,528 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 401 Ocean Drive 316 built?

401 Ocean Drive 316 was built in 1970 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 401 Ocean Drive 316 been on the market?

401 Ocean Drive 316 has been listed for 48 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 401 Ocean Drive 316 waterfront?

Yes. The listing describes the water as deeded beach access ocean front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 401 Ocean Drive 316?

The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

401 Ocean Drive 316, Miami Beach, FL 33139

$950,000 · Active

2 beds
1 bath
747 sq ft
Condominium
Built 1970
HOA $1,163/mo
MLS# A12067139
The Presidential Condo

Photo 1 at 401 Ocean Drive 316, Miami Beach

Photo 2 at 401 Ocean Drive 316, Miami Beach

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Photo 8 at 401 Ocean Drive 316, Miami Beach

About this home

Wake up to breathtaking direct ocean views from this rarely available, highly sought-after east-facing corner residence with parking: perfectly positioned directly on the sand in the prestigious South of Fifth neighborhood. The largest floor plan in the building, this exceptional residence has been thoughtfully reconfigured to maximize both space and functionality. The spacious primary bedroom is complemented by a versatile den/guest room, offering the flexibility of a second sleeping area, home office, or media room. The open-concept kitchen features granite countertops and flows seamlessly into the light-filled living and dining areas, all designed to showcase the spectacular Atlantic views. Additional highlights include a beautifully updated bathroom with a Jacuzzi tub, generous closet space, central A/C, impact windows and doors, and a private oceanfront balcony where you can relax to the soothing sound of the waves. This newly updated oceanfront building offers a heated beachfront pool, bike storage, community room, and complimentary beach service with two lounge chairs and an umbrella for each residence. The building has been completely renovated, successfully completed its required recertification, and maintains reserves, providing added confidence for owners. An exceptional opportunity to experience the ultimate Miami Beach beachfront lifestyle.

Features

Built-in Features
Bedroom Layout - Stacked
Balcony
Deeded Beach Access
Ocean Front

Schools

Elementary: Miami Beach South Pointe
Middle: Miami Beach Nautilus
High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

The Keyes Company · Listing agent: Danell L Van Orden

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 401 Ocean Drive 316.

Questions About 401 Ocean Drive 316

How much is 401 Ocean Drive 316?: 401 Ocean Drive 316 is listed at $950,000, which is about $1,272 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 401 Ocean Drive 316?: The listing reports an association fee of $1,163 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 401 Ocean Drive 316?: The listing reports annual property taxes of $12,528 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 401 Ocean Drive 316 built?: 401 Ocean Drive 316 was built in 1970 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 401 Ocean Drive 316 been on the market?: 401 Ocean Drive 316 has been listed for 48 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 401 Ocean Drive 316 waterfront?: Yes. The listing describes the water as deeded beach access ocean front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 401 Ocean Drive 316?: The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 1 bedroom condo at 500 Alton Road 506, Miami Beach, FL 33139 is comparable and listed for sale at $930,000. Another comparable condo, 650 West Avenue 1208, Miami Beach, FL 33139, sold for $950,000 in September 2026. Other Miami Beach neighborhoods include Mid-Beach and North Beach. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Key Biscayne. Compare it with the Miami Beach housing market report.