Own South Beach

The Presidential

401 Ocean Dr · Built 1970 · 11 floors · 236 residences

12 for sale
For sale
12
0 pending · 20.6 mo supply
Median asking
$475K
from $419K
Median $/sqft
$763/sqft
$672/sqft sold, 12 mo
Days on market
11
123 to sell · 7 in 12 mo

10 of 12 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

The Presidential
Listing photo · courtesy of Palm Shores Realty · MLS #A12020466

Situated in the prestigious South of Fifth neighborhood, The Presidential is an oceanfront building located directly on the sand. The property offers a gated, well-established community atmosphere with a focus on coastal elegance. Residents have direct beach access and are located within walking distance of the iconic Art Deco district, South Pointe Park, and various local dining and shopping options.

The building has undergone extensive renovations, including updates to the pool deck and elevators. It features a heated beachfront pool, a social club space, and a fitness center. The property is managed on-site and provides a secure environment with 24/7 security and controlled access points.

Live near more of Miami

What surrounds The Presidential: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
64
/ 100
B+
own.miami Score

A data-grounded score for The Presidential from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value41
$763/sqft — vs. Miami condos
Momentum76
+12.0% $/sqft over 6 months
Liquidity51
20.6 months of supply · 11 days on market
Health100
2 verified records: Rental restrictions
Waterfront90
Waterfront building
Age0
Built 1970
own.miami Condo Index
105100 = the median Miami condo, by price and liquidity.
Rank
#272 of 597 tracked Miami condos
Top 46% by price & liquidity
#55 of 86 in South Beach
Momentum
↑ Rising
$763/sqft median ask
Liquidity
Warm
See the full Condo Index →
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Inventory

401 Ocean Dr #518
New
$1,250,000$1,841/sqft
1 bd · 1 ba · 679 sqft
401 Ocean Dr #518
Listing courtesy of Douglas Elliman — Kristen Rosen Gonzalez (Lic. #3294902) · MLS #A12086074
 #903
$639,000$970/sqft
1 bd · 1 ba · 659 sqft
#903
Rental restrictions
Listing courtesy of London Foster Realty — Krste Stojanoski (Lic. #3321581) · MLS #A12079874
401 Ocean Dr #316
New
$950,000$1,272/sqft
2 bd · 1 ba · 747 sqft
401 Ocean Dr #316
40/50-yr recertificationNo special assessments
Listing courtesy of The Keyes Company — Danell Van Orden (Lic. #0690489) · MLS #A12067139
401 Ocean Dr #222 (with Parking)
New
$465,000$710/sqft
1 bd · 1 ba · 655 sqft
401 Ocean Dr #222 (with Parking)
40/50-yr recertification
Listing courtesy of Beachfront Realty Inc — Benito Guido (Lic. #3525386) · MLS #A12064858
401 Ocean Dr #1001
$525,000$787/sqft
1 bd · 1 ba · 667 sqft
401 Ocean Dr #1001
Listing courtesy of Douglas Elliman — Kristen Rosen Gonzalez (Lic. #3294902) · MLS #A12043385
401 Ocean Dr #602
$475,000$721/sqft
1 bd · 1 ba · 659 sqft
401 Ocean Dr #602
40/50-yr recertification
Listing courtesy of Silverleaf Realty Group — Richard Corrales (Lic. #3280975) · MLS #A12056754
401 Ocean Dr #810
New
$490,000$748/sqft
1 bd · 1 ba · 655 sqft
401 Ocean Dr #810
Listing courtesy of Condoideas Realty Group LLC — Dawn Boucher (Lic. #3115002) · MLS #A12038542
401 Ocean Dr #224
$465,000$710/sqft
1 bd · 1 ba · 655 sqft
401 Ocean Dr #224
40/50-yr recertification
Listing courtesy of Blue One Realty, LLC — Facundo Ortola (Lic. #3407193) · MLS #A12028597
401 Ocean Dr #910
$474,999$725/sqft
1 bd · 1 ba · 655 sqft
401 Ocean Dr #910
40/50-yr recertification
Listing courtesy of Palm Shores Realty — James Gillis (Lic. #3031612) · MLS #A12020466
401 Ocean Dr #1007
$470,000$874/sqft
0 bd · 1 ba · 538 sqft
401 Ocean Dr #1007
40/50-yr recertificationNo special assessments
Listing courtesy of Compass Florida, LLC — Michael Porat (Lic. #3520305) · MLS #A11969826

Sold $/sqft trend

3-month rolling median of closed sales in The Presidential; bars are closings per month.

$460$610$760Oct 2025Jan 2026Mar 2026May 2026Aug 2026

Location

Nearby buildings within half a mile.

Building facts

Address
401 Ocean Dr
Year built
1970
Floors
11
Residences
236
Waterfront
Yes

Amenities

  • · Pool
  • · Fitness center
  • · Security
  • · Social room
  • · Laundry
  • · Bike storage

Building rules

Parking
The building offers assigned and deeded parking spaces, including a gated parking area.

Special assessments & recertification outlook

Watch

Verified records

  • InfoSpecial assessment reported as paid — noted on 2 listingsAug 6, 2026

    Source: MLS listing remarks

  • Positive40-year recertification completedAug 6, 2026

    Source: MLS listing remarks

  • Listings report the 40-year recertification completed
  • Listings note no special assessment currently
  • Built 1970 — past its first structural milestone; next inspection around 2035

Estimated from The Presidential’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at The Presidential cost?+

There are 12 condos for sale at The Presidential, from $419,000, with a median asking price of $475,000 ($763/sqft).

Is The Presidential a good time to buy?+

The Presidential currently has about 20.6 months of supply — a buyer-friendly pace with more negotiating room.

How much are the HOA fees at The Presidential?+

HOA / maintenance fees at The Presidential run around $1,149 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is The Presidential a waterfront building?+

Yes — The Presidential is a waterfront building (South Beach).

When was The Presidential built?+

The Presidential was built in 1970, 11 stories, 236 residences.

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