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401 Ocean Dr APT 722, Miami Beach, FL, 33139

1beds
1baths
655sqft
$549,000
$838price/sqft
$3,873/moest. monthly cost
$154,920/yrincome needed

About This Home

Beautifully 1 bed, 1 bath oceanfront unit located in Miami Beach’s exclusive South of Fifth neighborhood. Enjoy breathtaking views of the Atlantic from your living room, bedroom, kitchen, and spacious balcony facing north. The unit features new hurricane-impact windows and sliders, imported tile floors, granite countertops, stainless steel appliances, and generous storage. Building amenities include a heated oceanfront pool, direct beach access, gated security, covered parking, and completed 40-year certification. Just steps from iconic destinations like Joe’s Stone Crab, South Pointe Park, Ocean Drive, and Prime 112—this is the ultimate South Beach lifestyle.

Getting Around

92
WalkingWalker's Paradise
49
TransitSome Transit
83
BikeVery Bikeable

Schools

9/10
5/10
Nautilus Middle SchoolGrades 6-82.9 mi
5/10

Construction

Condition

  • Year built: 1970

Materials

  • Construction materials: CBS Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Custom Mirrors,Elevator,Entrance Foyer,Pantry,Walk-In Closet(s)
  • Window features: Hurricane Shutters,Blinds
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 655 sqft

Property

Details

  • Parcel number: 0242031201350
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry,Foyer
  • Fencing: Fenced
  • Has view: Yes
  • View description: Ocean,Water
  • Has water view: Yes
  • Water view: Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Ocean Front

Lot

  • Features: East Of Us1

Parking

  • Total spaces: 1
  • Parking features: 1 Space,Assigned,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,776$33,312
Home Insurance *$10$120
Property Taxes $890$10,680
Electricity $197$2,366
Total$3,873$46,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,788/yr
40% on housing$116,190/yr
45% on housing$103,280/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$838This listing

vs Other Active Listings

Avg $/sqft

ZIP 33139$839
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33139$2,481
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-02Listed for rent$3,000
2025-09-16Price change$549,000
2025-06-17Listed for sale$588,000
2024-07-13Listing removed$2,800
2024-06-12Pending sale$2,800
2024-06-06Listing removed$2,800
2024-05-29Pending sale$2,800
2024-05-29Listing removed$2,800
2024-05-22Pending sale$2,800
2024-05-17Listing removed$2,800
2024-05-15Pending sale$2,800
2024-05-15Listing removed$2,800
2024-05-13Listing removed--
2024-05-13Pending sale$2,800
2024-04-25Price change$2,800
2024-03-28Listed for rent$2,900
2024-03-20Listing removed--
2024-02-28Listed for rent$2,900
2021-01-30Listing removed--
2020-09-19Price change$1,875
2020-07-27Listed for rent$2,000
2018-05-31Listing removed$2,100
2018-03-20Listed for rent$2,100
2014-06-25Listing removed$1,975
2014-04-22Listed for rent$1,975

For Sale by Agent

AgentGipsy Ramos
BrokerageThe Keyes Company

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