How much is 401 Ocean Drive 518?

401 Ocean Drive 518 is listed at $1,250,000, which is about $1,841 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 518?

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 518?

The listing reports annual property taxes of $11,400 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 518 built?

401 Ocean Drive 518 was built in 1970 and the listing describes its condition as updated/remodeled. 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 518 been on the market?

401 Ocean Drive 518 has been listed for 12 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 401 Ocean Drive 518 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 518?

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 518, Miami Beach, FL 33139

$1,250,000 · Active

1 bed
1 bath
679 sq ft
Condominium
Built 1970
HOA $1,163/mo
MLS# A12086074
The Presidential Condo

Photo 1 at 401 Ocean Drive 518, Miami Beach

Photo 2 at 401 Ocean Drive 518, Miami Beach

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Photo 4 at 401 Ocean Drive 518, Miami Beach

Photo 5 at 401 Ocean Drive 518, Miami Beach

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Photo 7 at 401 Ocean Drive 518, Miami Beach

Photo 8 at 401 Ocean Drive 518, Miami Beach

About this home

An Oceanfront Jewel Box in the Sky | $1,250,000Welcome to an extraordinary opportunity at 401 Ocean Drive in the heart of South of Fifth. This stunning one-bedroom, one-bath residence is a true jewel box in the sky, with mesmerizing turquoise Atlantic views visible from virtually every inch of the home.Beautifully renovated to the highest standard, the residence combines sophisticated design with the energy of South Beach living. Disco lighting throughout creates the perfect atmosphere for entertaining, while an in-unit washer and dryer adds everyday convenience. Stylish, polished, and completely turnkey, this is the ultimate South Beach entertaining pad.Set within The Presidential, an oceanfront condominium with private beach club access, the location is unmatched. Step outside and walk to the beach, South Pointe Park, world-class restaurants, cafés, nightlife, and the marina.Whether enjoyed as a glamorous pied-à-terre, full-time residence, or coastal escape, this is a rare opportunity to own a piece of the Miami Beach dream—where the ocean is your backdrop and every day feels like a vacation.Offered at $1,250,000.

Features

Bar
Built-in Features
Closet Cabinetry
Lighting
Balcony
Deeded Beach Access
Ocean Front
Private

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · Listing agent: Kristen Rosen Gonzalez

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 401 Ocean Drive 518.

Questions About 401 Ocean Drive 518

How much is 401 Ocean Drive 518?: 401 Ocean Drive 518 is listed at $1,250,000, which is about $1,841 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 518?: 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 518?: The listing reports annual property taxes of $11,400 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 518 built?: 401 Ocean Drive 518 was built in 1970 and the listing describes its condition as updated/remodeled. 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 518 been on the market?: 401 Ocean Drive 518 has been listed for 12 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 401 Ocean Drive 518 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 518?: 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.

Explore

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Recently Sold Nearby

500 Alton Road 1906, Miami Beach, FL 33139 · Sold $1,360,000 · 1 bd · 2 ba · 1,010 sq ft
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The 2 bedroom condo at 1330 Ocean Drive R5F, Miami Beach, FL 33139 is comparable and listed for sale at $1,250,000. Another comparable condo, 500 Alton Road 1906, Miami Beach, FL 33139, sold for $1,360,000 in September 2026. Other Miami Beach neighborhoods include Collins Park and Nautilus. 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.