$950,000list price
Per sq ft$728
2 bd · 2 ba · 1,305 sq ft Condo or villa
5 ISLAND AVE #3C, MIAMI BEACH, FL 33139
Listing courtesy of Compass Florida, LLC. MLS# A12094547.On the MLS · Listed Sep 21
$950,000
401 OCEAN DR #316, MIAMI BEACH, FL 33139
2 beds1 bath747 sq ftCondo or villaBuilt 1970
Updated today, November 3, 2026This home against Miami Beach
$1,272 per sq ft, 82% over the Miami Beach median
91 days on the market
$12,528 in property taxes (2025)
Waterfront
1 car garage
Miami Beach today: 1,853 homes for sale, median list price $659,000.
About this home
Wake up to breathtaking direct ocean views from this rarely available, highly sought-after east-facing corner residence with parking: perfectly positioned directly on the sand in the prestigious South of Fifth neighborhood. The largest floor plan in the building, this exceptional residence has been thoughtfully reconfigured to maximize both space and functionality. The spacious primary bedroom is complemented by a versatile den/guest room, offering the flexibility of a second sleeping area, home office, or media room. The open-concept kitchen features granite countertops and flows seamlessly into the light-filled living and dining areas, all designed to showcase the spectacular Atlantic views. Additional highlights include a beautifully updated bathroom with a Jacuzzi tub, generous closet space, central A/C, impact windows and doors, and a private oceanfront balcony where you can relax to the soothing sound of the waves. This newly updated oceanfront building offers a heated beachfront pool, bike storage, community room, and complimentary beach service with two lounge chairs and an umbrella for each residence. The building has been completely renovated, successfully completed its required recertification, and maintains reserves, providing added confidence for owners. An exceptional opportunity to experience the ultimate Miami Beach beachfront lifestyle.
Zoned schools
Elementary: Miami Beach South Pointe Elementary School
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi
Distances from the center of MIAMI BEACH.
Listing courtesy of The Keyes Company. MLS# A12067139.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 4, 2026.
Similar homes near MIAMI BEACH
$950,000list price
Per sq ft$664
3 bd · 2.5 ba · 1,430 sq ft Condo or villa
5401 E COLLINS AVE #601, MIAMI BEACH, FL 33140
Listing courtesy of SunCoast Beach Rlty Inc.. MLS# A12092550.On the MLS · Listed Sep 18
$950,000list price
Per sq ft$1,011
1 bd · 1.5 ba · 940 sq ft Condo or villa
6301 COLLINS AVE #LPH4, MIAMI BEACH, FL 33141
Listing courtesy of Beachfront Realty Inc. MLS# A12081786.On the MLS · Listed Aug 29
$950,000list price
Per sq ft$1,053
2 bd · 2 ba · 902 sq ft Condo or villa
1623 COLLINS AVE #716, MIAMI BEACH, FL 33139
Listing courtesy of One Sotheby's International Realty. MLS# A12055155.On the MLS · Listed Jul 15
$950,000list price
Price cut$50,000
2 bd · 2 ba · 1,078 sq ft Condo or villa
650 W AVE #2804, MIAMI BEACH, FL 33139
Listing courtesy of SOBE International Realty. MLS# A11925965.On the MLS · Listed Dec 4
$950,000list price
Per sq ft$375
2 bd · 2.5 ba · 2,534 sq ft Condo or villa
5255 COLLINS AVE #5D, MIAMI BEACH, FL 33140
Listing courtesy of Compass Florida, LLC. MLS# A11922713.On the MLS · Listed Nov 30