RENTED AUG 29, 2025

The Presidential 401 Ocean Dr Unit 1007 Floor 10 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $477,166 - $497,000

-- Bed
1 Bath
538 Sq Ft
1970 Built

Highlights

  • Ocean Front
  • Outdoor Pool
  • 3-minute walk to Marjory Stoneman Douglas Park
  • South Pointe Elementary School Rated 9+
  • No HOA

About This Home

As of August 2025

Welcome to your dream oceanfront sanctuary! This exquisite complete remolded condo offers unparalleled coastal living with stunning direct ocean views of the Miami Beach. This residence combines elegance, comfort, and the ultimate in seaside sophistication. Renovations include; new impact doors, new electrical panel, all new plumbing, quartz silestone counter tops, custom wood cabinetry, marble flooring, tankless water heater, AC 2017, top of the line appliances and complete bathroom restoration. Basically a brand new unit. Steps away from Ocean drive, beach yoga rituals, restaurants, beach clubs, cruise ports and much more.

Last Agent to Rent the Property

Diego Pabon

United Realty Group Inc License #3519057 Listed on: 06/10/2025

United Realty Group Inc

Last Renter's Agent

Hannah François

One Sotheby's International Realty License #3456563

One Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Home Design

  • 538 Sq Ft Home
  • Entry on the 10th floor

Outdoor Features

  • Outdoor Pool
  • Property has ocean access

Additional Features

  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 6/10/25
  • Assessor Parcel Number 02-42-03-120-1960

Community Details

Overview

  • No Home Owners Association
  • The Presidential Condo
  • The Presidential Condo Subdivision
  • 11-Story Property

Recreation

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-06-10

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 10
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Building Stories: 11
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE PRESIDENTIAL CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • Special Features: VirtualTour
  • Stories: 11

Interior Features

  • Full Bathrooms: 1
  • Furnished: Unfurnished
  • Living Area: 538
  • Stories: 11

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE PRESIDENTIAL CONDO

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-42-03-120-1960
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2004
Sold by
Ayra Alberto
Bought by
Plata Maria T and Garson Javier
Current Estimated Value
$490,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$109,741
Interest Rate
5.25%
Mortgage Type
Unknown
Estimated Equity
$380,801

Purchase Details

Closed on
Jan 5, 2001
Sold by
Fallad Luciano
Bought by
Balboa Antonio

Purchase Details

Closed on
May 26, 1995
Sold by
Grosner Else S and Garrod Arlene
Bought by
Fallad Luciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Plata Maria T $240,000 Mayor Title Corp
Balboa Antonio $85,000 --
Fallad Luciano $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plata Maria T $228,000
Previous Owner Fallad Luciano $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Under Contract -- -- --
08/11/2025 08/11/25 Rented $2,500 0.0% --
06/10/2025 06/10/25 For Rent $2,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,083 $297,557 -- --
2024 $4,647 $270,507 -- --
2023 $4,647 $245,916 $0 $0
2022 $4,201 $223,560 $0 $0
2021 $4,317 $223,560 $0 $0
2020 $4,328 $223,560 $0 $0
2019 $4,011 $207,000 $0 $0
2018 $5,275 $295,208 $0 $0
2017 $4,779 $247,592 $0 $0
2016 $4,604 $225,084 $0 $0
2015 $4,196 $204,622 $0 $0
2014 $3,779 $186,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diego Pabon

    Landlord's Agent in 2025

    Diego Pabon

    United Realty Group Inc

    (954) 450-2000

    18 Total Sales

    Diego Pabon
    Section Image

  • H

    Tenant's Agent in 2025

    Hannah François

    One Sotheby's International Realty

    2 Total Sales

    Hannah François
    Section Image
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About The Presidential

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11819679

MIAMI REALTORS® MLS

APN: 02-4203-120-1960

Florida Miami/Dade County Miami Beach 33139 South Pointe

401 Ocean Dr Unit 1007, Miami Beach, FL

Not Listed for Sale

Condos

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