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Condominium at 401 Ocean Dr # 403, Miami Beach FL 33139Active
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Waterfront · Condominium
$435,000$660 / sqft

401 Ocean Dr # 403, Miami Beach FL 33139

1
Bedrooms
1
Bathrooms
659 sqft
Interior
1970
Year built
$1,031 / mo
HOA
Condominium
Type

About this home

Live the beachside lifestyle in this beautifully remodeled 1 bedroom, 1 bathroom apartment just steps from the ocean! This bright and airy unit features modern finishes throughout, including an updated kitchen and bathroom, sleek flooring, and impact windows for added safety and energy efficiency. Located in a secure, well-maintained building that has just completed its 50-year certification, offering peace of mind for years to come. Whether you're looking for a full-time residence, vacation retreat, or investment property, this unit offers the perfect combination of comfort, style, and location. Enjoy coastal living at its finest with easy access to shops, dining, and entertainment. Don’t miss this move-in ready gem by the beach!

Features

  • Walk-In Closet(s)
  • Open Balcony
  • Other View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,231

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,200
HOA
$1,031 / 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.

Courtesy of
Lifestyle International Realty

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.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

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.