401 Ocean Drive, Unit 509

Miami Beach, FL 33139

$499,000
Price
1
Beds
1
Bath
655 Sq. Ft.
$762 / Sq. Ft.
655
Sq. Ft.
$762
per Sq. Ft.

Description

A wonderful opportunity to own a home in the prestigious South of Fifth area of South Beach. Unit includes one assigned parking space! Located right on Ocean Drive, This 1/1 is well maintained and waiting for your personal touches, with a Wonderful view of the Ocean & the Pool. Brand new Best-In-Class Hurricane windows and Sliding Glass Door have been installed, along with a Newer AC unit. Low HOA includes Cable, Internet, Pest Control, Additional Storage, Association Reserve Funds, and so much more....A wonderful opportunity to own a home in the prestigious South of Fifth area of South Beach. Unit includes one assigned parking space! Located right on Ocean Drive, This 1/1 is well maintained and waiting for your personal touches, with a Wonderful view of the Ocean & the Pool. Brand new Best-In-Class Hurricane windows and Sliding Glass Door have been installed, along with a Newer AC unit. Low HOA includes Cable, Internet, Pest Control, Additional Storage, Association Reserve Funds, and so much more. No Assessments. 40yr inspection completed. Walk To Joe's Stone Crab, Prime, or catch some Yoga on the beach.
  1. Listed by James Rodgers • Skymarc Properties LLC
  2. Listed by Marcus Mills • Skymarc Properties LLC

Property Details for 401 Ocean Drive, Unit 509

Subdivision
THE PRESIDENTIAL CONDO
Complex Name
The Presidential
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Ocean Access, Ocean Front
View
Ocean View, Direct Ocean, Pool Area View
Unit View
Ocean View, Direct Ocean, Pool Area View
Furnished
Unfurnished

Location

Listing Courtesy of Skymarc Properties LLC
Add your commute
LISTING UPDATED: 04/07/2024 03:00 AM

Property Details for 401 Ocean Drive, Unit 509

StatusActive
MLS #A11459286
Days on Market215
Taxes$5,261 / year
HOA Fees$598 / 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 Skymarc Properties LLC
Add your commute

Building Information for 401 Ocean Drive, Unit 509

Building/ComplexTHE PRESIDENTIALFloor5Stories11Residences-Pet Policy-Year Built1970

Payment Calculator

$3,760 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$438

HOA Dues

$598

The Payment Calculator is for illustrative purposes only.

Property Information for 401 Ocean Drive, Unit 509

Location Information
Schools
  • Elementary School: South Pointe
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Location Information
  • Parcel Number Free Text: 02-42-03-120-0730
  • Parcel Number MLX: 0730
  • MLS Area: 42
  • Municipal Code: 0
  • Township Range: 42
  • Section: 1
  • Subdivision Number: 120
  • Subdivision Complex Bldg: The Presidential
  • Unit Floor Location: 5
  • Total Floors In Building: 11
  • Total Num of Units In Building: 238
  • Total Num of Units In Complex: 238
General Information
Parking
  • Num Garage Spaces: 1
  • Garage Description: Detached
  • Parking Description: 1 Space, Assigned Parking
General Information
  • Front Exposure: South East
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Balcony Porch/Patio: Yes
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Main Living Area: Entry Level
  • Unit Design: East Of Us1, Interior Hall
  • Water Access: Deeded Beach Access
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Directions: NE Corner of 4th and Ocean in South Beach. Street parking on 3rd, 4th, and Ocean.
  • Security Information: Card Entry, Phone Entry, TV Camera
Room Information
Room Information
  • Bedroom Description: At Least 1 Bedroom Ground Level
  • Master Bathroom Description: Combination Tub & Shower
  • Master Bath Features: Combination Tub & Shower
  • Dining Description: Breakfast Area, Dining/Living Room
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Ceiling Fans, Central Cooling
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Tltl Units in Complex: 238
  • Guest Accommodations: No
  • Num Ceiling Fans: 2
  • Room Count: 3
  • Furnished: Unfurnished
  • Interior Features: First Floor Entry, Walk-In Closets
  • Equipment Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Windows Treatment: Blinds/Shades, High Impact Windows, Impact Glass
  • Exterior Features: Open Balcony
  • Maintenance Includes: Cable Tv, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Laundry Facilities, Parking, Pest Control Interior, Pool Service, Reserve Fund, Sewer, Trash Removal, Water
  • Amenities: Bbq/Picnic Area, Clubhouse-Clubroom, Common Laundry, Community Room, Elevator, Extra Storage, Heated Pool, Sauna, Trash Chute
  • Storm Protection: Complete Impact Glass
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2022
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
  • Special Assessment: No
  • PACEYN: No
Rental Information
Rent Information
  • Approval Information: Application Fee Required, Personal Interview Required
Rent Status
  • Other Fees: $150

Property History for 401 Ocean Drive, Unit 509

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 509

Taxable ValueLand-Additions-Total-
Tax Record2023$5,822 ($485 / month)
Home Facts
Beds1Total Finished SqFt655 SqFtAbove Grade Finished SqFt655 SqFtStyleCondominiumYear Built1970Zoning4900:MULTI-FACountyMIAMI-DADEAPN02-4203-120-0730

Schools near 401 Ocean Drive, Unit 509

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 509 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on September 26, 2023 by Skymarc Properties LLC, it's currently listed at $499,000. 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 509 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 Skymarc Properties LLC

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.