59 photos
401 Ocean Dr #903
Miami Beach, FL 33139
Listing courtesy of London Foster Realty. Contact: [email protected].
Experience direct beachfront living in an elegant, fully renovated residence, South of Fifth neighborhood. Thoughtfully designed, reflecting mid-century modern organic minimalism, preserving the exceptional architectural interior space flow with highest emphasis on comfort. Western exposure fills the residence with natural light, framing unobstructed views of the Miami skyline, Rickenbacker Causeway, Biscayne Bay, Port of Miami. Spectacular sunsets and passing cruise ships visible from nearly every interior point. Expansive, ultra wide terrace tastefully complementing the inside space. Thorough renovations done by code, permitted, all city inspections passed. Certified (recorded) architectural plans available. Structurally healthy condo, meticulously managed, offering complete peace of mind investment. Set within a peaceful, gated oceanfront community, residents enjoy direct beach and ocean access, private beach service, saltwater pool overlooking the Atlantic Ocean. Step directly onto the beach for twice a day yoga sessions or follow the oceanfront promenade on a scenic walks to South Pointe Park and Pier. Fitness center coming soon. World class restaurants, neighborhood cafés, parks, marinas and Miami Beach’s iconic Art Deco district are all within few blocks pleasant walk. Well established community. No rentals first year of ownership. Service animals and ESA only. Short term rentals strictly prohibited.
- Principal and interest
- $3,282
- Property tax
- $937
- Homeowners insurance
- $408
- HOA
- $1,163
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.
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.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
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.
Presidential Condo was built in 1970, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.