7400 OCEAN TER, Miami Beach, FL 33141
Parcel: 0232020030060 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 6501
Assessed Value (2025)
$1,666,340
Property Details
Beds
16
Baths
16
Living Sqft
8,618
Year Built
1961
Lot Sqft
7,500
Stories
2
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$100non-market transfer
2016-02-18
GUISEPPE GALEA PERS REP → F G REALTY INC
2
$100non-market transfer
2016-04-27
F G REALTY INC → 7400 OCEAN TERRACE LLC
3
$100non-market transfer
2019-12-10
CITY OF MIAMI BEACH → 7400 OCEAN TERRACE LLC
4
N/A
2025-02-21
Tax Assessment History
$1,666,340
Assessed (2025)
$9,118,572
Market Value
$1,666,340
Taxable Value
$33,925
Annual Tax
2024
$1,514,855
$7,552,000
2025
$1,666,340
$9,118,572
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,666,340 | $9,118,572 | $1,666,340 | $33,925 | $9,112,500 | $6,072 |
| 2024 | $1,514,855 | $7,552,000 | $1,514,855 | $30,841 | $7,452,000 | $100,000 |
About 7400 OCEAN TER, Miami Beach, FL 33141
7400 OCEAN TER, Miami Beach, FL 33141 is a 16-bedroom, 16-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1961 with 8,618 square feet of living space on a 7,500 square foot lot. The property is currently owned by 7400 OCEAN TERRACE LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2025 assessed value is $1,666,340 with a market value of $9,118,572. This breaks down to $9,112,500 for the land and $6,072 for the building.
The assessed value increased 10% from $1,514,855 in 2024. The median household income in this area is $43,431, and the median home value is $-666,666,666. The population density is 7,067 people per square mile.
7400 OCEAN TER, Miami Beach, FL 33141 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2016 to 2025, with 4 recorded transactions in the public record..
Current Owner
7400 OCEAN TERRACE LLC
1031 N MIAMI AVE 201, MIAMI, FL, 33136
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$20,396 — $37,459
Flood $400 — $800
Property/Wind $19,996 — $36,659
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$43,431
Median Home Value$-666,666,666
Pop. Density7,067/sq mi
Neighborhood 33141
26.1%
Owner-Occ
73.9%
Investor
443
Flips (4yr)
7,449
New Biz (3yr)
Distress Risk
MODERATE
31
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