Atlantic Luxury Advisors
401 Ocean Dr #224 photo 1401 Ocean Dr #224 photo 2401 Ocean Dr #224 photo 3401 Ocean Dr #224 photo 4401 Ocean Dr #224 photo 5

19 photos

401 Ocean Dr #224

Miami Beach, FL 33139

$465,000
1
1
655 sq ft
1970
Condominium
$1,134/mo
Yes
50
Active

Listing courtesy of Blue One Realty, LLC (Facundo Ortola). Contact: [email protected].

About this home

Beautifully maintained and fully furnished 1BD/1BA residence in the highly desirable South of Fifth neighborhood. Enjoy ocean views, direct beach access, private beach service with loungers and umbrellas, and walking distance to South Pointe Park, top dining, and all South Beach attractions. This move-in-ready condo features an open kitchen/living layout, impact windows and sliders, new laminate floors, updated central A/C, generous storage with two walk-in closets, and a private gated parking space. The well-managed oceanfront building has completed its 50-year recertification and offers a brand-new heated pool and pool deck, secure lobby, 24/7 security, laundry on every floor, elevators, and healthy reserves. Maintenance includes water, cable, internet, landscaping, trash, and pest control — ideal as a primary residence, vacation retreat, or investment property.

What it costs to own
Estimated monthly payment
$4,430/mo
Principal and interest
$2,351
Property tax
$653
Homeowners insurance
$292
HOA
$1,134

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$7,839/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,134/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.