405 N HIBISCUS DR 207, Miami Beach, FL 33139

405 N HIBISCUS DR 207, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1960 with 540 square feet of living space. The property is currently owned by THOMAS BOELSTRERL &W URSULA % DEJA VU PROPERTIES INC, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2003-07-01 for $185,000. The property has appreciated $4,000 (2%) since the prior sale of $181,000 on 2001-08-01. The 2025 assessed value is $386,522 with a market value of $448,797.

The assessed value increased 10% from $351,384 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $189,605, and the median home value is $1,453,400. The population density is 3,945 people per square mile. 405 N HIBISCUS DR 207, Miami Beach, FL 33139 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 2001 to 2003, with 2 recorded transactions in the public record. The current assessed value represents 209% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $343 per square foot — a key metric for comparing value across Miami Beach's real estate market..