$375,000
SOLD FEB 13, 2025
1 Bed
1 Bath
655 Sq Ft
$1,031/mo HOA Fee

Recently Sold

$573 Per Sq Ft

6% Below List Price

96 Days on Market

Highlights

  • Ocean Front
  • Sauna
  • Community Center
  • South Pointe Elementary School Rated A-
  • Heated Community Pool
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of February 2025

Lovely 1/1 + Den & Ocean View In What Well May Be The Most Structurally & Financially Secure Building in South Beach's Prestigious SOFI Neighborhood. You'll Enjoy The Open Kitchen, Stainless Steel Appliances & Wine Fridge, Oversized Balcony, New Window Treatments, and The Beautiful Ocean Right In Your Backyard. When Guests Come To Visit, The Den Serves Nicely As A Second Bedroom. Building Features Heated Pool, Direct Ocean Access Including Free Beach Chairs, Umbrellas & More. Low HOA Includes Cable, Internet, Water, Sewer, Trash, & Indoor Pest Control. Many Improvements To The Building Just In The Past Few Years & Many More To Come! (New Cooling/Heating System Just Installed). Steps To The Beach, Joe's Stone Crab, Carbone, & All The Excitement of Ocean Drive! 40yr Certification Completed

Last Agent to Sell the Property

James Rodgers

Skymarc Properties LLC License #3302691

Co-Listed By

Marcus Mills

Skymarc Properties LLC License #3400412

Last Buyer's Agent

Marcus Mills

Skymarc Properties LLC License #3400412

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,877

Year Built

  • Built in 1970

Lot Details

  • Northeast Facing Home

HOA Fees

  • $1,031 Monthly HOA Fees

Interior Spaces

  • 655 Sq Ft Home
  • Blinds
  • Family or Dining Combination
  • Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-120-0140

Community Details

Overview

  • 238 Units
  • Mid-Rise Condominium
  • The Presidential Condos
  • The Presidential Condo Subdivision
  • 11-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator
  • Lobby
  • Interior Hall
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Walled
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,877

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,031 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Co List Office Mls Id: SMPL01
  • Co List Office Phone: 646-820-9420
  • Directions: NE Corner of 4th and Ocean in Southbeach. Goolge maps.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PRESIDENTIAL CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 655
  • Possible Use: Secondary
  • Stories: 11
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Presidential
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Card Entry, TV Camera, Walled

Condo/Co-op/Association

  • Association Fee: 1031
  • Amenities: Barbecue, Laundry, Community Room, Elevator(s), Storage, Heated Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-120-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 238
  • Number Of Units Total: 238

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5877

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $375,000 -5.1% $573 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
12/07/2024 12/07/24 Price Changed $395,000 -0.8% $603 / Sq Ft
11/06/2024 11/06/24 For Sale $398,000 +50.2% $608 / Sq Ft
02/28/2018 02/28/18 Sold $265,000 -19.7% $405 / Sq Ft
02/20/2018 02/20/18 For Sale $330,000 0.0% $504 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
10/31/2017 10/31/17 Price Changed $330,000 -2.4% $504 / Sq Ft
10/13/2017 10/13/17 Price Changed $338,000 -1.5% $516 / Sq Ft
07/31/2017 07/31/17 For Sale $343,000 -- $524 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2024 $5,877 $342,106 -- --
2023 $5,877 $311,006 $0 $0
2022 $5,312 $282,733 $0 $0
2021 $4,351 $221,672 $0 $0
2020 $3,901 $201,520 $0 $0
2019 $4,438 $229,000 $0 $0
2018 $5,743 $305,400 $0 $0
2017 $5,057 $265,567 $0 $0
2016 $5,049 $242,556 $0 $0
2011 -- $178,980 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,500 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $375,000 Florida Title
Interfamily Deed Transfer -- Accommodation
Warranty Deed $265,000 Florida Title & Escrow Profe
Quit Claim Deed -- --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11686971

MIAMI REALTORS® MLS

APN: 02-4203-120-0140