401 Ocean Dr · Miami Beach, FL 33139 · South Beach

The Presidential

11-story mid-rise, completed 1970, 236 residences in South Beach. 9 for sale and 8 for rent on Nov 2, 2026.

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At a glance The Presidential (401 Ocean Dr, South Beach) is an 11-story, 236-unit building completed in 1970. As of Nov 2, 2026, 9 units are for sale and 8 are for rent; the median closed price was $672 per square foot over 7 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
9
For rent
8
Median $/SF
$6727 sales · 12 mo
Sold
7last 12 months
Built
1970
Floors
11
Residences
236county
Flood zone
AEFEMA
Owner-occupied
34%
Avg. unit
651sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at The Presidential.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Under contract 1

  • Unit 810$490,000 · 1 bd

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The Presidential, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

120 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 8
  • Under contract 1
  • For rent 5
  • Sold or leased, last 12 months 22
  • Seen in the MLS before that 84
  • No MLS record seen 130
010203040506070809101112141516171820212223242526112105010305070911141618202224261125Floor 1: no unit seen in the MLSFloor 1: no unit seen in the MLS

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen120of 236 residences on record
Floors with units10floors 2 to 11
Lines25stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 10 to 112 sales, too few for a median
Middle floorsfloors 6 to 9$595/SF · 5 sales
Lower floorsfloors 2 to 5$630/SF · 7 sales

Closed $/SF figures use the 14 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

Line 24 closed highest per square foot: a median $748/SF over 3 sales in 24 months. The largest typical unit is line 16, a median 747 sf over 5 units seen, recorded with 1 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 017667 sf121 sale, too few
Line 026659 sf111 sale, too few
Line 035659 sf121 sale, too few
Line 044659 sf1––
Line 054659 sf1––
Line 064654 sf1––
Line 074538 sfStudio2–
Line 085655 sf1–1 sale, too few
Line 096655 sf1–1 sale, too few
Line 107655 sf11–
Line 115655 sf1–1 sale, too few
Line 123655 sf1––
Line 142655 sf11–
Line 152655 sf1––
Line 165747 sf11–
Line 173647 sf1––
Line 183679 sf12–
Line 197404 sfStudio–1 sale, too few
Line 206655 sf1––
Line 216655 sf1–2 sales, too few
Line 223655 sf11–
Line 234655 sf1–1 sale, too few
Line 246655 sf11$748 3 sales
Line 257655 sf1–1 sale, too few
Line 266717 sf1––

2 units in the record sit outside this grid (222 (with Parking), 1101/1126): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on The Presidential.

Activity as of Nov 2, 2026
  • Resale +29%. The median closed price moved from $518/SF in 2020 (12 sales) to $670/SF in 2026 (6 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 8.5%. A year of rent at the median $4.73/SF/mo (16 leases) against the median $672/SF sale (7 sales), both over 12 months, before HOA, taxes and vacancy.
  • Asks run +16% against closings. Sellers ask a median $779/SF (9 listings) against $672/SF closed (7 sales, 12 months). That gap is negotiation room. Bring the comps.
  • Sells in a median 71 days. Days on market across the 7 sales closed in the last 12 months.
  • A renters' building. Leases outnumbered sales 2 to 1 over the last 12 months (16 leases, 7 sales), at a median $3,000 a month.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #68 of 360 · fastest median days on market64 days median on market · n 14 · Oct 2024 to Sep 2026

See the full rankings · How rankings are made

Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Built in 1970, The Presidential is a 11-story mid-rise at 401 Ocean Dr in South Beach. The Miami-Dade Property Appraiser lists 236 residential units, averaging 651 SF of living area.

On November 2, 2026, nine units were listed for sale, asking $419K to $1.3M (median ask $779/SF across 9 listings). One more was under contract. Seven sales closed between November 2, 2025 and November 2, 2026, from $380K to $530K, a median $672/SF, after a median 71 days on the market. In the 12 months before that, seven sales closed at a median $618/SF, so the median rose 9%. The MLS holds 81 closed sales here going back to 2019; among years with three or more sales, 2024 set the high at a median $776/SF. That 12-month median ranks 42nd of the 83 South Beach buildings with at least three sales in the same window. One-bedrooms made up 12 of the 14 sales in the last 24 months, at a median $410,000.

Eight units were offered for rent at $3,200 to $5,000 a month. 16 leases were signed over the same 12 months, at a median $3,000 a month (range $2,500 to $4,800). Leases outnumbered sales 2 to 1 over that year, so renters are a large share of who lives here.

About 34% of the residences are owner-occupied according to county records, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
401 Ocean Dr, Miami Beach 33139
Neighborhood
South Beach
Year built
1970
Floors
11
Residences (county-verified)
236
Owner-occupied
34% of residences
Avg. unit size
651 sq ft
Total living area
153,563 sq ft
County condo folios
236
Recorded MLS listings
217

The numbers at The Presidential.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$388$776$6052019$5182020$5992021$6182022$6212023$7762024$6182025$6702026$388$776$605'19'20$599'21'22'23$776'24'25$670'26

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)6$67014$3,000/mo
20257$61816$2,875/mo
202416$77610$2,800/mo
202315$62120$2,800/mo
202211$61821$2,800/mo
202112$59922$2,225/mo
202012$51815$1,800/mo
20192$605*5$2,000/mo

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $518 (12 sales). In the last 12 months: $672 (7 sales). Change: +30%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 81 sales · 123 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 14

UnitBDBASFAskedClosed$/SFClose dateDOM
40311659$435,000$415,000$630Sep 30, 202671
32411655$410,000$380,000$580Jul 31, 20266
42111655$499,000$472,000$721Jul 17, 2026139
52311655$499,000$465,000$710Mar 26, 202638
90911655$430,000$390,000$595Feb 20, 2026170
62411655$550,000$530,000$809Jan 8, 202656
101121655$450,000$440,000$672Nov 18, 2025123
70111667$399,000$340,000$510Oct 10, 2025198
22111655$419,000$405,000$618Aug 27, 202527
60211659$405,000$375,000$569Jun 30, 202599
72411655$519,000$490,000$748Mar 31, 20259
22511655$395,000$375,000$573Feb 13, 202550
30811655$439,000$425,000$649Jan 14, 2025103
111901404$399,000$360,000$891Dec 27, 202435

Leases signed Nov 2, 2025 to Nov 2, 2026 · 16

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
50311659$2,900/mo$2,900/mo$4.40Oct 15, 202631
32521655$3,200/mo$3,000/mo$4.58Oct 15, 202620
72211655$3,000/mo$3,000/mo$4.58Oct 1, 202692
52521655$3,425/mo$3,200/mo$4.89Sep 1, 202656
92411655$3,200/mo$3,000/mo$4.58Jun 10, 202632
91811679$5,000/mo$4,800/mo$7.07Jun 1, 202636
91901404$2,950/mo$2,950/mo$7.30Jun 1, 202613
71611747$3,700/mo$3,700/mo$4.95May 15, 20260
32311655$2,850/mo$2,800/mo$4.27Mar 9, 202632
110311659$3,000/mo$3,000/mo$4.55Mar 3, 202651
41701500$2,999/mo$2,999/mo$6.00Feb 26, 202677
31901404$2,500/mo$2,500/mo$6.19Feb 3, 202683
90911655$2,600/mo$2,500/mo$3.82Jan 14, 2026113
100611654$3,800/mo$3,650/mo$5.58Jan 5, 202684
91011655$3,200/mo$3,200/mo$4.89Dec 11, 202527

The 15 most recent of 16.

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on The Presidential.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 2000

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1970 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around The Presidential

5 more nearby

Smaller buildings close by: 326 Ocean Drive (140 m) · Washington Pointe (320 m) · El Cyclon (400 m) · 5-18 (400 m) · 350 Meridian (470 m) · 300 Meridian Place (480 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from The Presidential's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

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Looking here?

Get alerts when a unit lists or sells

When a unit at The Presidential lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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