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401 Ocean Dr # 224, Miami Beach FL 33139
About this home
Beautifully maintained and fully furnished 1BD/1BA residence in the highly desirable South of Fifth neighborhood. Enjoy ocean views, direct beach access, private beach service with loungers and umbrellas, and walking distance to South Pointe Park, top dining, and all South Beach attractions. This move-in-ready condo features an open kitchen/living layout, impact windows and sliders, new laminate floors, updated central A/C, generous storage with two walk-in closets, and a private gated parking space. The well-managed oceanfront building has completed its 50-year recertification and offers a brand-new heated pool and pool deck, secure lobby, 24/7 security, laundry on every floor, elevators, and healthy reserves. Maintenance includes water, cable, internet, landscaping, trash, and pest control — ideal as a primary residence, vacation retreat, or investment property.
Features
- Other
- Open Balcony
- Ocean View
- Direct Ocean
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,351
- HOA
- $1,134 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.