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401 OCEAN DR, Miami Beach 33139
1970
Year Built
237
Units
CI Score
Moderate
6
For Sale
$505K
Avg Price
$760
Sale $/SF
6
For Rent
$3,375
Avg Rent
$5.14
Rent $/SF
-3.0%
YoY
For Sale
6
For Rent
6
Investor-Owned
82%
Avg HOA
$1,031/mo
The Presidential is a 237-unit residential building located at 401 Ocean Drive in the heart of South Beach, offering direct oceanfront access and proximity to Miami Beach's vibrant dining and entertainment scene. Built in 1970, this standard-tier property features units ranging from studios to 2-bedroom layouts, accommodating both investors and residents seeking South Beach lifestyle. With an average price point of $809/SF and rental rates around $3,026/month, the building appeals to the mid-market segment.
Address
401 OCEAN DR, Miami Beach, 33139
Neighborhood
South Beach
Year Built
1970
Total Units
237
Avg Unit Sqft
651 SF
Tier
Premium
Avg $/SF
$759.54
Avg Rent
$3,375/mo
Rent $/SF
$5.14/SF
HOA Range
$1,031 – $1,031
Google Rating
4.5 (41 reviews)
Neighborhood Rank
Top 6%
Avg Unit Value
$423K
Total Sales (All-Time)
759
Phone
(305) 673-4965
Amenities
Sale Price Trend ($/SF)
$710
Rental Price Trend ($/SF)
$6.19
Building Activity
Days on Market
47
days
Normal pace
Months of Inventory
20.0
months
Buyer's market
Sale-to-List Ratio
94.8%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
2
transactions
Low volume
Active Listings
For Sale (6)

$410K
Unit 324
$430K

$435K

$480K
Unit 421
$485K
Unit 1007
$525K
Unit 810For Rent (6)

$3K
Unit 322
$3K

$3K
Unit 810
$3K
Unit 425
$3K
Unit 323
$3K
Unit 417Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Jan 8, 2026 | $530K | $809.16 | 1/1 | 655 |
| Nov 18, 2025 | $440K | $671.76 | 2/1 | 655 |
| Nov 11, 2025 | $440K | $671.76 | 1/1 | 655 |
| Aug 27, 2025 | $405K | $618.32 | 1/1 | 655 |
| Jul 25, 2025 | $360K |
Total Units
237
Avg Sqft
651 SF
Avg Assessed
$377K
Owner-Occupied
18%
Tax & Ownership
Investor-Owned
82%
Owner-Occupied
18%
Avg Assessed Value
$377K
Avg Taxable Value
$366K
Effective Year Built
1970
Zoning
4900
Unit Mix
Avg 467 SF
Avg 661 SF
Avg 1,056 SF
Unit Directory
Showing 10 of 237 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | — |
| 208 | 1 | 1 | 655 | $325K | — | $300K | $458 | Oct 2017 |
| 209 | 1 | 1 | 655 | $325K | — | $110K | $168 | Jun 2000 |
| 210 | 1 | 1 | 655 | $325K | — | $149K | $227 | Apr 2017 |
| 211 | 1 | 1 | 655 | $325K | — | $30K | $46 | Jan 1986 |
| 212 | 1 | 1 | 655 | $325K | — | $118K | $179 | Aug 1998 |
| 214 | 1 | 1 | 655 | $164K | ✓ | $106K | $161 | Feb 1994 |
| 215 | 1 | 1 | 655 | $356K | — | $35K | $53 | Oct 1979 |
| 219 | 0 | 1 | 404 | $247K | — | $125K | $309 | Apr 2013 |
| 220 | 1 | 1 | 655 | $376K | — | $325K | $496 | Dec 2015 |





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Neighborhood
South Beach →
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Building Snapshot
| $549.62 |
| 1/1 |
| 655 |
| Jun 30, 2025 | $375K | $569.04 | 1/1 | 659 |
| Jun 26, 2025 | $375K | $569.04 | 1/1 | 659 |
| Jun 13, 2025 | $405K | $618.32 | 1/1 | 655 |
| Mar 31, 2025 | $490K | $748.09 | 1/1 | 655 |
| Mar 28, 2025 | $490K | $748.09 | 1/1 | 655 |