1500 OCEAN DR 401, Miami Beach, FL 33139

Parcel: 0232341180010 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$2,020,575

Property Details

Beds
3
Baths
3
Living Sqft
2,320
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$2,250,000
2010-09-03
MIRMA ARBUCIAS & IBRA MORALESSTEPHEN MACRICOSTAS
2
$100non-market transfer
2015-06-15
STEPHEN MACRICOSTASMACRICORP SOUTH BEACH LLC
3
$2,950,000
2019-01-04
MACRICORP SOUTH BEACH LLCMICHAEL BIGGER

Tax Assessment History

$2,020,575
Assessed (2025)
$2,767,380
Market Value
$1,969,853
Taxable Value
$40,105
Annual Tax
2024
$1,963,630
$2,767,380
2025
$2,020,575
$2,767,380
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,020,575 $2,767,380 $1,969,853 $40,105
2024 $1,963,630 $2,767,380 $1,913,630 $38,960

About 1500 OCEAN DR 401, Miami Beach, FL 33139

1500 OCEAN DR 401, Miami Beach, FL 33139 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 1998 with 2,320 square feet of living space. The property is currently owned by MICHAEL BIGGER IRENE BIGGER, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2019-01-04 for $2,950,000, when MACRICORP SOUTH BEACH LLC sold to MICHAEL BIGGER. The property has appreciated $2,949,900 (2949900%) since the prior sale of $100 on 2015-06-15. There are 3 recorded sales for this property.

The 2025 assessed value is $2,020,575 with a market value of $2,767,380. The assessed value increased 3% from $1,963,630 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. 1500 OCEAN DR 401, 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 2010 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 68% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $1272 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MICHAEL BIGGER IRENE BIGGER
1500 OCEAN DR APT 401, MIAMI BEACH, FL, 33139-3101
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$16,564 — $29,088
Flood $400 — $800
Property/Wind $16,164 — $28,288

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 →
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