NOT LISTED FOR SALE

The Presidential 401 Ocean Dr Unit 607 Floor 6 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $324,000 - $477,000

Studio
1 Bath
538 Sq Ft
1970 Built

Sale Details

Date Sold: July 24, 2024

Last sale price $340,000 $632 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,096 / mo

24 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Built in 1970 | Newly Remodeled
  • South Pointe Elementary School Rated 9+
  • Property has ocean access
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of July 2024

Best budget friendly opportunity to own an ocean front property in structurally and financially strong condominium with low HOA South of Fifth right on the beach.

Spacious studio with direct ocean view overlooking the pool and Miami Beach signature tropical beach entrance.
Open kitchen-living room plan awaiting your personal touches, brand new impact windows and sliding door, porcelain floors, newer central A/C unit, neat and clean. Low Maintainance fee includes: water, cable, internet, front desk security, commercial laundry facility on each floor, brand new pool & pool deck, landscaping, management company and additional storage space. HOA Reserve Funds. Fully paid assessments. 1 year min lease period after 1 year ownership

Last Agent to Sell the Property

Krste Stojanoski

London Foster Realty License #3321581 Listed on: 06/03/2024

London Foster Realty

Last Buyer's Agent

Krste Stojanoski

London Foster Realty License #3321581 Listed on: 06/03/2024

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,467

Year Built

  • Built in 1970 | Newly Remodeled

HOA Fees

  • $620 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 6th floor
  • Concrete Block With Brick
  • Concrete Block And Stucco Construction

Interior Spaces

  • 538 Sq Ft Home
  • Custom Mirrors
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • Studio bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Parking

  • Automatic Garage Door Opener
  • Secured Garage or Parking

Schools

  • South Pointe Elementary School
  • Feinberg-Fisher K8 Middle School
  • Miami Beach High School

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-120-0960

Community Details

Overview

  • 238 Units
  • Mid-Rise Community
  • Presidential Condominium Condos
  • The Presidential Condo Subdivision
  • 11-Story Property

Amenities

  • Doorman
  • Sauna
  • Community Center
  • Party Room
  • Recreation Room
  • Laundry Facilities
  • Secure Lobby
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Phone Entry
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,467

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$620 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 6
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PRESIDENTIAL CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 538
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Bedroom Features: Studio

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View, Water View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Presidential Condominium
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Doorman, Elevator Secure, Phone Entry, Secured Garage/Parking, Guard At Site, Lobby Secured, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 620
  • Amenities: Community Room, Storage, Hobby Room, Private Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Feinberg-Fisher K8

Lot Info

  • Parcel Number: 02-42-03-120-0960
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4467

Multi Family

  • Number Of Units In Community: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Esposito Francine M
Bought by
607 Ocean Llc
Current Estimated Value
$387,509

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
Outstanding Balance
$125,871
Interest Rate
6.65%
Mortgage Type
Balloon
Estimated Equity
$261,638

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 31, 2024
Sold by
Irvington Capital Inc
Bought by
Esposito Francine
Seller's Agent
Krste Stojanoski
London Foster Realty
Buyer's Agent
Krste Stojanoski
London Foster Realty
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 23, 2024
Sold by
Irvington Capital Inc
Bought by
Esposito Francine
Seller's Agent
Krste Stojanoski
London Foster Realty
Buyer's Agent
Krste Stojanoski
London Foster Realty
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Views
48

Purchase Details

Closed on
Jul 30, 2013
Sold by
Pietranera Cesar
Bought by
Irvington Capital Inc

Purchase Details

Listed on
Oct 22, 2012
Closed on
May 7, 2013
Sold by
Rouco Jose and Rouco Alicia M
Bought by
Pietranera Cesar
Seller's Agent
Nelson De la Rosa
Atlas Rockstone Int'l Realty
Buyer's Agent
Nelson De la Rosa
Atlas Rockstone Int'l Realty
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Gardens Jose
Bought by
Rouco Jose and Rouco Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2005
Sold by
Feketis John
Bought by
Gardens Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
607 Ocean Llc -- None Listed On Document
607 Ocean Llc -- None Listed On Document
Esposito Francine $340,000 Clear Title
Esposito Francine $340,000 Clear Title
Irvington Capital Inc -- Attorney
Pietranera Cesar $260,000 Bay Title Company
Rouco Jose $277,000 --
Gardens Jose $200,000 Key Title & Escrow Inc
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
Open 607 Ocean Llc $210,000
Closed 607 Ocean Llc $210,000
Previous Owner Rouco Jose $221,600
Previous Owner Gardens Jose $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $340,000 -9.3% $632 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $375,000 0.0% $697 / Sq Ft
10/15/2020 10/15/20 Rented $1,450 -3.3% --
09/30/2020 09/30/20 Under Contract -- -- --
09/11/2020 09/11/20 Price Changed $1,500 -6.3% $3 / Sq Ft
08/05/2020 08/05/20 For Rent $1,600 +10.3% --
01/03/2020 01/03/20 Rented $1,450 -3.3% --
12/16/2019 12/16/19 Under Contract -- -- --
12/05/2019 12/05/19 Price Changed $1,500 -3.2% $3 / Sq Ft
09/30/2019 09/30/19 Price Changed $1,550 -3.1% $3 / Sq Ft
09/16/2019 09/16/19 For Rent $1,600 0.0% --
07/24/2018 07/24/18 Rented $1,600 0.0% --
07/23/2018 07/23/18 Under Contract -- -- --
06/18/2018 06/18/18 Price Changed $1,600 -1.5% $3 / Sq Ft
06/12/2018 06/12/18 Price Changed $1,625 +1.6% $3 / Sq Ft
06/04/2018 06/04/18 Price Changed $1,600 -3.0% $3 / Sq Ft
05/21/2018 05/21/18 Price Changed $1,650 -1.5% $3 / Sq Ft
05/14/2018 05/14/18 Price Changed $1,675 -1.5% $3 / Sq Ft
04/10/2018 04/10/18 For Rent $1,700 +9.7% --
05/15/2017 05/15/17 Rented $1,550 0.0% --
05/01/2017 05/01/17 Under Contract -- -- --
04/21/2017 04/21/17 Price Changed $1,550 +3.3% $3 / Sq Ft
04/12/2017 04/12/17 For Rent $1,500 0.0% --
05/07/2013 05/07/13 Sold $260,000 -5.5% $483 / Sq Ft View Prior Sale
02/15/2013 02/15/13 Pending -- -- --
10/23/2012 10/23/12 For Sale $275,000 -- $511 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,887 $301,661 -- --
2024 $4,467 $260,053 -- --
2023 $4,467 $236,412 $0 $0
2022 $4,038 $214,920 $0 $0
2021 $4,150 $214,920 $0 $0
2020 $4,161 $214,920 $0 $0
2019 $3,856 $199,000 $0 $0
2018 $5,069 $283,676 $0 $0
2017 $4,592 $237,915 $0 $0
2016 $4,424 $216,287 $0 $0
2015 $4,032 $196,625 $0 $0
2014 $3,632 $178,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Krste Stojanoski

    Seller's Agent in 2024

    Krste Stojanoski

    London Foster Realty

    (305) 666-1800

    4 in this area

    11 Total Sales

    Krste Stojanoski
    Section Image
  • Thomas Bichi

    Seller's Agent in 2020

    Thomas Bichi

    Keller Williams Capital Realty

    (305) 662-7325

    12 in this area

    67 Total Sales

    Thomas Bichi
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jeremie Dassonville

    MMLS Assoc.-Inactive Member

    Section Image
  • Stella Schwartz

    Buyer's Agent in 2020

    Stella Schwartz

    RE/MAX

    (305) 586-4942

    7 Total Sales

    Stella Schwartz
    Section Image

  • C

    Buyer's Agent in 2018

    Chris Curcio

    MMLS Assoc.-Inactive Member

    Section Image
  • Joyce Parra

    Buyer's Agent in 2017

    Joyce Parra

    Cervera Real Estate Inc.

    (786) 444-2096

    5 in this area

    36 Total Sales

    Joyce Parra
    Section Image
See All Agents

About The Presidential

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11589332

MIAMI REALTORS® MLS

APN: 02-4203-120-0960

Florida Miami/Dade County Miami Beach 33139 South Pointe

401 Ocean Dr Unit 607, Miami Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.