NOT LISTED FOR SALE

The Presidential 401 Ocean Dr Unit 921 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $483,000 - $551,000

1 Bed
1 Bath
655 Sq Ft
$639/mo HOA Fee

Last Sold May 21, 2024

Last sale price $525,000 $802 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,869/month

62 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • South Pointe Elementary School Rated A-
  • Gated Community
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of May 2024

DIRECT OCEANFRONT BUILDING This incredible 1 BR 1 BATH fully renovated (2024) is located in the highly desirable South Beach neighborhood SOUTH of 5th (SOBE). Offers stunning ocean views, beach access, large elevated pool and sun deck overlooking the ocean. High impact windows and doors. Must see and feel to truly appreciate!

Last Agent to Sell the Property

J. Richard Allison

The Corcoran Group License #3377328 Listed on: 03/04/2024

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,035

Year Built

  • Built in 1970

Lot Details

HOA Fees

  • $639 Monthly HOA Fees

Interior Spaces

  • 655 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-120-1840

Community Details

Overview

  • Association fees include common areas, maintenance structure, pool(s), recreation facilities, sewer, security, trash, water
  • The Presidential Condo Subdivision
  • 11-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Phone Entry
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,035

Year Built

Built in 1970

Lot Details

0

HOA Fees

$639 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 4th Street and Ocean Drive
  • Year Built: 1970
  • Entry Level: 9
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 655.0
  • Stories: 11
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 639.0
  • Community Features: Gated, Pool, Sauna
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Pool, Sauna, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 02-42-03-120-1840
  • Lot Size: East of US-1
  • Zoning Description: 4900

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4035.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 10, 2024
Sold by
Contratto Travis M and Contratto Candice E
Bought by
Pedroni Anna Susi and Ceriani Edorado
Seller's Agent
J. Richard Allison
The Corcoran Group
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%
Views
33
Current Estimated Value
$522,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,926
Avg. Annual Appreciation
-1.67%

Purchase Details

Listed on
Mar 15, 2017
Closed on
Aug 8, 2017
Sold by
Abrs Marketing And Consulting Llc
Bought by
Contratto Travis M and Contratto Candice E
Seller's Agent
Juan Perez
Florida Realty of Miami Corp
Buyer's Agent
J. Richard Allison
MMLS Assoc.-Inactive Member
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$292,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2015
Sold by
Delgado Aracelis Guadalupe
Bought by
Abrs Marketing & Consulting Llc

Purchase Details

Closed on
Jun 30, 2003
Sold by
Delgado David and Guadalupe Delgado Aracelis
Bought by
Guadalupe Delgado Aracelis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1999
Sold by
Resource Bancshares Mortgage Group
Bought by
Delgado David and Delgado Aracelis G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
7.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1998
Sold by
Villalobos Eliette
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 5, 1997
Sold by
Mecca Holdings Inc
Bought by
Villalobos Eliette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1997
Sold by
Chernoff Harris and Morley Ruth C
Bought by
Mecca Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Pedroni Anna Susi $525,000 None Listed On Document
Contratto Travis M $395,000 Attorney
Abrs Marketing & Consulting Llc -- None Available
Guadalupe Delgado Aracelis $104,000 Family Title Corp
Delgado David $101,000 --
Federal National Mortgage Association -- --
Villalobos Eliette $150,000 --
Mecca Holdings Inc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contratto Travis M $292,500
Previous Owner Guadalupe Aracelis $190,000
Previous Owner Mecca Holdings Inc $123,900
Previous Owner Guadalupe Delgado Aracelis $123,900
Previous Owner Mecca Holdings Inc $90,900
Previous Owner Mecca Holdings Inc $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $525,000 -11.8% $802 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $595,000 +50.6% $908 / Sq Ft
08/08/2017 08/08/17 Sold $395,000 -1.3% $603 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $400,000 0.0% $611 / Sq Ft
12/16/2015 12/16/15 Rented $2,200 -45.0% --
11/16/2015 11/16/15 Under Contract -- -- --
11/03/2015 11/03/15 For Rent $4,000 -- --
Source: BeachesMLS

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 $4,154 $424,130 -- --
2024 $4,035 $262,291 -- --
2023 $4,035 $254,652 $0 $0
2022 $3,871 $247,235 $0 $0
2021 $3,844 $240,034 $0 $0
2020 $3,793 $236,720 $0 $0
2019 $4,423 $269,000 $0 $0
2018 $5,386 $327,456 $0 $0
2017 $5,422 $284,744 $0 $0
2016 $6,012 $309,504 $0 $0
2015 $4,848 $236,423 $0 $0
2014 -- $214,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    J. Richard Allison

    The Corcoran Group

    (561) 655-8600

    1 in this area

    14 Total Sales

    Section Image
  • Juan Perez

    Seller's Agent in 2017

    Juan Perez

    Florida Realty of Miami

    (786) 317-4841

    50 Total Sales

    Section Image
  • Fred Viener

    Seller Co-Listing Agent in 2017

    Fred Viener

    RE/MAX

    22 Total Sales

    Section Image

  • C

    Seller's Agent in 2015

    Cliff Glansen

    FlatFee.com

    (877) 575-5505

    1 in this area

    2,880 Total Sales

    Section Image
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About The Presidential

Map

Source: BeachesMLS

MLS Number: R10965352

BeachesMLS

APN: 02-4203-120-1840

Florida Miami/Dade County Miami Beach 33139 South Pointe

401 Ocean Dr Unit 921, Miami Beach, FL

This home is located at 401 Ocean Dr Unit 921, Miami Beach, FL 33139 since 04 March 2024 and is currently estimated at $514,384, approximately $785 per square foot. This property was built in 1970. 401 Ocean Dr Unit 921 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

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.

BeachesMLS 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.

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