NOT LISTED FOR SALE

The Presidential 401 Ocean Dr Unit 308 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $415,000 - $488,221

1 Bed
1 Bath
655 Sq Ft
$671/Sq Ft Est. Value

Last Sold January 14, 2025

Last sale price $425,000 $649 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,583/month

About This Home

As of January 2025

Elevate your life... Southbeach style !
Savor daily ocean breeze, directly from your spacious balcony at any time of the day... or night :)
This premium location condo unit is located in the heart of the most desirable and trendy Miami beach area, South of Fifth.
Neatly renovated with a nice open floor plan, partial ocean view, direct beach access and assigned parking space, it is move-in ready.
Bonus: very nice walk in closet with adjoining glam space to be on top of your game!
Enjoy the lifestyle, the sun, the sand, the ocean life along with fine dining, steps to world class Fitness Center and shopping all just outside your doorstep.
Building has completed its 50 year recertification.
24/7 security.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Jan 14, 2025
Sold by
Hunt Shannon Scott
Bought by
Wadhwa Rajesh and Popova Mariia
Seller's Agent
Laurence Hintermann
The Keyes Company
Buyer's Agent
TJ Gelabert
Real Estate Executives
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Views
26
Current Estimated Value
$439,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,305
Avg. Annual Appreciation
12.55%
Original Mortgage
$318,750
Outstanding Balance
$318,750
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$120,555

Purchase Details

Listed on
May 25, 2022
Closed on
Nov 16, 2022
Sold by
Lopez Blanca
Bought by
Hunt Shannon Scott
Seller's Agent
Aurora Hurte
Aurora Real Estate Services
Buyer's Agent
Aurora Hurte
Aurora Real Estate Services
List Price
$389,999
Sold Price
$360,000
Premium/Discount to List
-$29,999
-7.69%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wadhwa Rajesh $425,000 Partners Title Company
Wadhwa Rajesh $425,000 Partners Title Company
Hunt Shannon Scott $360,000 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadhwa Rajesh $318,750
Closed Wadhwa Rajesh $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $425,000 -3.2% $649 / Sq Ft
10/21/2024 10/21/24 Price Changed $439,000 -4.6% $670 / Sq Ft
09/09/2024 09/09/24 Price Changed $460,000 -3.2% $702 / Sq Ft
08/08/2024 08/08/24 For Sale $475,000 +31.9% $725 / Sq Ft
11/17/2022 11/17/22 Sold $360,000 -7.7% $550 / Sq Ft
05/25/2022 05/25/22 For Sale $389,999 0.0% $595 / Sq Ft
12/01/2013 12/01/13 Rented $1,800 -2.7% --
11/01/2013 11/01/13 Under Contract -- -- --
10/12/2013 10/12/13 For Rent $1,850 -- --

Tax History Compared to Growth

Source: Public Records

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 $5,907 $343,882 -- --
2023 $5,907 $312,620 $0 $0
2022 $5,159 $269,394 $0 $0
2021 $4,807 $244,904 $0 $0
2020 $4,310 $222,640 $0 $0
2019 $4,903 $253,000 $0 $0
2018 $5,638 $308,400 $0 $0
2017 $5,108 $268,217 $0 $0
2016 $5,099 $244,976 $0 $0
2015 $4,566 $222,706 $0 $0
2014 $4,113 $202,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Laurence Hintermann

    The Keyes Company

    (213) 327-8409

    3 in this area

    3 Total Sales

    Laurence Hintermann
    Section Image
  • TJ Gelabert

    Buyer's Agent in 2025

    TJ Gelabert

    Real Estate Executives

    (954) 478-8722

    1 in this area

    8 Total Sales

    TJ Gelabert
    Section Image
  • Aurora Hurte

    Seller's Agent in 2022

    Aurora Hurte

    Aurora Real Estate Services

    (305) 582-9563

    1 in this area

    4 Total Sales

    Aurora Hurte
    Section Image
  • David Diaz

    Buyer's Agent in 2013

    David Diaz

    BrokerNation Real Estate

    (305) 218-6916

    9 Total Sales

    David Diaz
    Section Image
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About The Presidential

Map

Florida Miami/Dade County Miami Beach 33139 South Pointe

401 Ocean Dr Unit 308, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 401 Ocean Dr Unit 308, Miami Beach, FL 33139 and is currently estimated at $439,305, approximately $670 per square foot. 401 Ocean Dr Unit 308 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.