401 Ocean Drive, Unit 222

Miami Beach, FL 33139

$425,000
Price
1
Beds
1
Bath
655 Sq. Ft.
$649 / Sq. Ft.
655
Sq. Ft.
$649
per Sq. Ft.

Description

Best budget friendly opportunity to own a property in structurally and financially strong condominium South of Fifth right on the beach. Spacious 1Bed 1Bath unit with ocean view from your balcony overlooking Savoy, part of the historic monumental art deco hotels of USA. Well maintained unit with open kitchen-living room plan awaiting your personal touches. Brand new impact windows and sliding door, new laminate floors, new central A/C unit, neat and clean. Includes one assigned parking space! Low...Best budget friendly opportunity to own a property in structurally and financially strong condominium South of Fifth right on the beach. Spacious 1Bed 1Bath unit with ocean view from your balcony overlooking Savoy, part of the historic monumental art deco hotels of USA. Well maintained unit with open kitchen-living room plan awaiting your personal touches. Brand new impact windows and sliding door, new laminate floors, new central A/C unit, neat and clean. Includes one assigned parking space! Low Maintainance fee includes: water, cable, internet, front desk security, commercial laundry facility on each floor, brand new pool & pool deck, landscaping, additional storage space,

HOA has very healthy reserves. Fully paid assessments
1 year min lease period after 1 year ownership
  1. Listed by Krste Stojanoski • London Foster Realty

Property Details for 401 Ocean Drive, Unit 222

Subdivision
THE PRESIDENTIAL CONDO
Complex Name
Presidential Condominium
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Ocean Access, Ocean Front
View
Ocean View, Other View
Unit View
Ocean View, Other View
Area
42

Location

Listing Courtesy of London Foster Realty
Add your commute
LISTING UPDATED: 05/16/2024 07:02 PM

Property Details for 401 Ocean Drive, Unit 222

StatusActive
MLS #A11578235
Days on Market22
Taxes$5,355 / year
HOA Fees$638 / 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

Location

Listing Courtesy of London Foster Realty
Add your commute

Building Information for 401 Ocean Drive, Unit 222

Building/ComplexTHE PRESIDENTIALFloor2Stories11Residences-Pet Policy-Year Built1970

Payment Calculator

$3,404 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$446

HOA Dues

$638

The Payment Calculator is for illustrative purposes only.

Property Information for 401 Ocean Drive, Unit 222

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-120-0110
  • Parcel Number MLX: 0110
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 120
  • Subdivision Complex Bldg: Presidential Condominium
  • Unit Floor Location: 2
  • Total Floors In Building: 11
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space, Covered Parking, Detached
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: Yes
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Homeowner Association
  • Unit Design: High Rise, Interior Hall, Lobby
  • Water Access: Unrestricted Salt Water Access
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Laminate Floors
  • Floor Description: Laminate Floors
  • Security Information: Complex Fenced, Doorman, Elevator Secure, Card Entry, Phone Entry, Fire Alarm, Garage Secured
Room Information
Room Information
  • Bedroom Description: At Least 1 Bedroom Ground Level
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry, Second Floor Entry, Accessible, Elevator
  • Equipment Appliances: Automatic Garage Door Opener, Elevator
  • Exterior Features: Deck, Fence, High Impact Doors, Open Balcony, Patio, Privacy Wall
  • Maintenance Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Internet/WiFi, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Pest Control Interior, Pool Service, Sewer, Trash Removal, Water
  • Amenities: Bar, Bike Storage, Business Center, Common Laundry, Community Room, Elevator, Exercise Room, Extra Storage, Heated Pool, Hobby Room, Pool, Sauna, Trash Chute, Vehicle Wash Area
Financial Information
Financial Information
  • Type of Association: Condo, Homeowners
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval, Application Fee Required, Association Approval Required
Rent Status
  • Other Fees: $150

Property History for 401 Ocean Drive, Unit 222

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 222

Taxable ValueLand-Additions-Total-
Tax Record2023$5,355 ($446 / month)
Home Facts
Beds1Total Finished SqFt655 SqFtAbove Grade Finished SqFt655 SqFtStyleCondominiumYear Built1970Zoning4900:MULTI-FACountyMIAMI-DADEAPN02-4203-120-0110

Schools near 401 Ocean Drive, Unit 222

This home is within Miami-Dade.
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.

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401 Ocean Drive, Unit 222 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on April 26, 2024 by London Foster Realty, it's currently listed at $425,000. This listing's school district is Miami-Dade. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 401 Ocean Drive, Unit 222 is a 1-bed, 1-bath, 655 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. 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 London Foster 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.