1455 OCEAN DR 1507, Miami Beach, FL 33139

Parcel: 0232341150800 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$2,959,215

Property Details

Beds
3
Baths
3
Living Sqft
1,810
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$799,000
1998-11-01
2
$1,638,000+105%
2010-06-04
DEBRA L LEEERIC N CHEN
3
$2,175,000+33%
2021-05-11
BETTY WUERIC GAVARA

Tax Assessment History

$2,959,215
Assessed (2025)
$2,959,215
Market Value
$2,908,493
Taxable Value
$59,215
Annual Tax
2024
$2,900,031
2025
$2,959,215
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,959,215 $2,959,215 $2,908,493 $59,215
2024 $2,900,031 $2,900,031 $2,850,031 $58,024

About 1455 OCEAN DR 1507, Miami Beach, FL 33139

1455 OCEAN DR 1507, Miami Beach, FL 33139 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 1998 with 1,810 square feet of living space. The property is currently owned by ERIC GAVARA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-05-11 for $2,175,000, when BETTY WU sold to ERIC GAVARA. The property has appreciated $537,000 (33%) since the prior sale of $1,638,000 on 2010-06-04. There are 3 recorded sales for this property.

The 2025 assessed value is $2,959,215 with a market value of $2,959,215. The assessed value increased 2% from $2,900,031 in 2024. The property has the following tax exemptions: homestead.

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 $59,028, and the median home value is $601,500.

The population density is 13,028 people per square mile. There are active mortgage liens totaling $1,636,555 recorded against this property. 1455 OCEAN DR 1507, 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 1998 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 136% 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 $1202 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ERIC GAVARA
1455 OCEAN DR 1507, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$24,073 — $42,229
Flood $400 — $800
Property/Wind $23,673 — $41,429

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$59,028
Median Home Value$601,500
Pop. Density13,028/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$1,740,000
~$1,636,555 bal.
ARC HOME LOANS LLC · 2021-05-21
Est. Total Balance $1,636,555
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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