The Presidential - REO - Unit #1001

For Sale $525,000
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The Presidential | Unit #1001 Description

South of Fifth. Oceanfront. Sunset Views. Welcome to 401 Ocean Drive, an exceptional opportunity to own in South of Fifth (SoFi)—Miami Beach's most coveted neighborhood. Perched on the 10th floor, this west-facing one-bedroom, one-bath residence offers breathtaking sunset and skyline views, filling the home with warm golden light each evening. Located directly on the sand, this oceanfront building sits along one of the most famous beaches in the world and adjacent to iconic Lummus Park, where miles of beachfront walking and biking paths are just outside your door. From morning coffee by the ocean to evening sunsets from your private balcony, every day feels like a vacation. SoFi is renowned for its walkability, luxury lifestyle, and world-class dining. Just moments away are celebrated restaurants including Joe's Stone Crab, Prime 112, Carbone, and Smith & Wollensky, along with South Pointe Park, the marina, and the vibrant energy of Ocean Drive. Whether you're looking for a primary residence, vacation home, or investment property, this residence offers an unbeatable combination of location, lifestyle, and value. At $525,000, this is one of the best opportunities to own an oceanfront property in South of Fifth—where luxury living, endless sunsets, and the best of Miami Beach come together.

The Presidential | REO Floor Plans

  • Days On Market:
    0
    Listed:
    Jul 23, 2026
  • Size:
    667 ft2 (62m2)
    Rooms:
    1
  • Bathrooms:
    1
    Baths Half:
    0
  • Annual Tax:
    $6,478
    Tax Year:
    2025
  • Maintenance Fee:
    N/A
    Association Fee:
    $1,163
  • Terms:
    All Cash, Conventional, FHA, FHA-Va Approved
    Property Facing:
    N/A

Property Features

Facts and features
Views
  • Bay
    Intracoastal View
    Ocean Front
  • Interior Features
  • Interior Hall
    Lobby
    Elevator
    Fire Sprinklers
  • Exterior Features
  • Open Balcony
  • Appliances
  • Dishwasher
    Electric Range
    Electric Water Heater
    Microwave
  • Parking
  • 1 Space
  • Other Facts
    Heating
  • Central
  • Cooling
  • Electric
  • Flooring
  • Ceramic Floor
  • Amenities
    Patio And Porch Features
  • Deck
    Open Balcony
  • Association Amenities
  • Exercise Room
    Heated Pool
    Trash Chute
  • Architectural Style
  • High Rise
  • Construction Materials
  • Concrete Block With Brick
    Pre-Cast Concrete Construction
  • Structure Type
  • Condo 5+ Stories
    Condo
  • Schools
    Elementary School
  • South Pointe
  • Middle Or Junior School
  • Nautilus
  • High School
  • Miami Beach
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