401 Ocean Dr # 602, Miami Beach FL 33139
About this home
Discover the epitome of luxury living at 401 Ocean Drive, where every moment is a celebration of the South of Fifth lifestyle! This beautifully updated 1-bedroom plus den residence is not just a home; it's a masterpiece waiting for you to experience. Imagine stepping out of your door and onto the sun-kissed sands, with your light-filled condo offering a spacious open layout that seamlessly connects to a modern renovated kitchen, perfect for culinary creations and entertaining friends. The oversized private balcony is your personal oasis, where you can unwind while soaking in breathtaking sunset views that will leave you mesmerized. The versatile den is an ideal sanctuary for a home office or a chic guest retreat, complemented by generous closet space for all your essentials. Nestled in a meticulously maintained oceanfront building that boasts a completed 50-year recertification and reserve study, residents indulge in resort-style amenities: direct beach access, a sparkling saltwater pool, a rejuvenating sauna, round-the-clock security, gated entry, and an exquisitely renovated pool deck — all with a fitness center on the horizon! Positioned in the vibrant heart of Miami Beach’s coveted South of Fifth neighborhood, this residence is more than just a property; it’s an invitation to elevate your lifestyle to new heights. Don’t let this extraordinary opportunity slip away.
Features
- Interior Hall
- Lobby
- First Floor Entry
- Built-in Features
- Open Balcony
- Other View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,402
- 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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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.