The Presidential is a 236-unit, 11-story oceanfront condominium at the south end of Ocean Drive, built in 1970, with a 24-hour doorman, a recently rebuilt saltwater pool and a private beach club. Residents appreciate renovated common areas and the beach club, while complaints concern plumbing leaks, water and AC interruptions and renovation decisions.
Residents appreciate renovated common areas and the beach club. Complaints concern plumbing leaks, water and AC interruptions and management of building improvements.
Residents repeatedly call out the South of Fifth beachfront location and a newly added beach club with chairs, describing it as a standout, HOA-included amenity.
Residents appreciate improvements to the pool, lobby, roof and entrance and clearer communication about building finances.
Residents report persistent leaks, mold-remediation work and water or AC shutoffs with limited notice.
Residents report frustration with renovation priorities and pressure to use board-preferred contractors.
The Presidential has a 24-hour doorman, a recently rebuilt saltwater pool, a state-of-the-art gym and a private beach club with chairs included in the HOA. Every apartment has central air, with a shared laundry room on each floor and assigned garage parking reported for most units.
Also here: Locked bicycle and paddleboard storage · Motorcycle parking area · Billiards room · Media/recreation room
Presidential is located at 401 Ocean Dr, Miami Beach, FL 33139. The Presidential sits at the southern tip of Ocean Drive in the South of Fifth neighborhood, steps from the beach, with the restaurants and nightlife of South Beach and the South Pointe Park waterfront a short walk away.
Driving times without traffic.

Compare another 1970s Miami Beach oceanfront condominium for its amenities, building condition and owner-set lease terms.

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Apartments are individually owned. Owners set their own lease terms subject to condo association approval before move-in.
Budget about $130/month on top of rent. Recurring costs include FPL electricity. The condo association's monthly fee, paid by the owner, covers water, cable, internet, front desk security and the shared laundry room.
| Cost | Monthly amount |
|---|---|
Electricity Electricity Electricity is billed directly by Florida Power & Light. We estimate $130/month, based on FPL's published typical residential bill for 1,000 kWh. Source: FPL rates and typical bill | ~$130 |
Water, cable and internet Water, cable and internet Water, basic cable and internet are included in the condo association's monthly maintenance fee, which the owner pays. A renter wanting a faster independent internet plan can add one. | Included |
Amenities Amenities The pool, gym, front desk security, beach club and shared laundry room are covered by the condo association and included with the apartment. | Included |
Estimated monthly total Water, cable, internet and amenities included
~$130