NOT LISTED FOR SALE

The Presidential 401 Ocean Dr Unit 1015 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $475,000 - $570,000

1 Bed
1 Bath
655 Sq Ft
1970 Built

Sale Details

Date Sold: May 15, 2024

Last sale price $625,000 $954 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,023 / mo

103 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Elevator
  • South Pointe Elementary School Rated 9+
  • Heated Community Pool
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of May 2024

This unit has everything! Perfect ocean views, COVERED assigned parking, & upgrades galore. Enjoy direct ocean views from your balcony during the day, and still see the lights of the city at night. Unit upgrades include best-in-class appliances, new hurricane windows and sliding door, beautiful granite throughout kitchen, remodeled bathroom, walk-in closet with custom fixtures, wine fridge, nest thermostat and so much more! Building completed a major concrete restoration project and is structurally and financially strong. HOA includes heated pool, Cable & Internet, indoor pest control, additional storage, and more! Literally steps from the beach, Carbone, Joe's Stone Crab, & the best that South Beach has to offer!

Last Agent to Sell the Property

James Rodgers

Skymarc Properties LLC License #3302691 Listed on: 02/01/2024

Last Buyer's Agent

Aurora Esteves

One Sotheby's International Realty License #0622107

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,317

Year Built

  • Built in 1970

Lot Details

  • Southeast Facing Home

HOA Fees

  • $638 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 655 Sq Ft Home
  • Furniture Can Be Negotiated
  • Built-In Features
  • Blinds
  • Ceramic Tile Flooring
  • Video Cameras
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Property has ocean access

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Energy-Efficient Appliances
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-120-2030

Community Details

Overview

  • 238 Units
  • Mid-Rise Community
  • The Presidential Condos
  • The Presidential Condo Subdivision
  • Property has 1 Level

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator
  • Interior Hall

Recreation

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,317

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

HOA Fees

$638 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Co List Office Phone: 646-820-9420
  • Directions: NE Corner of 4th and Ocean in South Beach. Street parking on 3rd, 4th, Ocean, and Collins.
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PRESIDENTIAL CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Interior Hall, First Floor Entry, Built-in Features, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 655
  • Possible Use: Primary
  • Stories: 11
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
  • Dining Room Features: Eat-In Kitchen

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: East Of Us1, Open Balcony
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Presidential
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up, Common Area
  • Security: Card Entry, Phone Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 638
  • Amenities: Billiard Room, Barbecue, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Heated Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-120-2030
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5317

Multi Family

  • Number Of Units In Community: 238
  • Number Of Units Total: 238

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 15, 2024
Sold by
Bought by
Seller's Agent
James Rodgers
Skymarc Properties LLC
Buyer's Agent
Aurora Esteves
One Sotheby's International Realty
List Price
$639,000
Sold Price
$625,000
Premium/Discount to List
-$14,000
-2.19%
Views
26
Current Estimated Value
$518,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,400
Avg. Annual Appreciation
-8.10%

Purchase Details

Closed on
Sep 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
0.0628%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.05%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 Liberty Title & Escrow
$224,000 --
$210,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $162,000
Previous Owner $179,200
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $625,000 -2.2% $954 / Sq Ft
04/05/2024 04/05/24 For Sale $639,000 0.0% $976 / Sq Ft
04/05/2024 04/05/24 Off Market $639,000 -- --
02/01/2024 02/01/24 For Sale $639,000 -- $976 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,704 $428,287
2024 $6,129 $349,977
2023 $6,129 $318,161 $0 $0
2022 $5,539 $289,238 $0 $0
2021 $5,161 $262,944 $0 $0
2020 $4,628 $239,040 $0 $0
2019 $5,581 $288,000 $0 $0
2018 $6,045 $330,693 $0 $0
2017 $5,476 $287,559 $0 $0
2016 $5,467 $262,642 $0 $0
2015 $4,896 $238,766 $0 $0
2014 $4,410 $217,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Rodgers

    Seller's Agent in 2024

    James Rodgers

    Skymarc Properties LLC

    (347) 423-5781

    14 in this area

    28 Total Sales

    James Rodgers
    Section Image
  • Aurora Esteves

    Buyer's Agent in 2024

    Aurora Esteves

    One Sotheby's International Realty

    (305) 301-7532

    3 in this area

    10 Total Sales

    Aurora Esteves
    Section Image
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About The Presidential

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11525252

MIAMI REALTORS® MLS

APN: 02-4203-120-2030

Florida Miami/Dade County Miami Beach 33139 South Pointe

401 Ocean Dr Unit 1015, Miami Beach, FL

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