1500 OCEAN DR 1005, Miami Beach, FL 33139

Parcel: 0232341180500 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$1,338,348

Property Details

Beds
2
Baths
2
Living Sqft
1,530
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,390,000
2020-12-22
BARRY W GUSSVARDA BURSTEIN
2
$1,660,000+19%
2022-05-02
VARDA BURSTEINSCOTT A GOLDFARB
3
$1,660,000
2022-06-02
4
$318,200-81%
2025-07-10
SCOTT A GOLDFARBSCOTT GOLDFARB
5
$318,125-0%
2025-07-17

Tax Assessment History

$1,338,348
Assessed (2025)
$1,338,348
Market Value
$1,338,348
Taxable Value
$27,248
Annual Tax
2024
$1,423,774
2025
$1,338,348
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,338,348 $1,338,348 $1,338,348 $27,248
2024 $1,423,774 $1,423,774 $1,423,774 $28,987

About 1500 OCEAN DR 1005, Miami Beach, FL 33139

1500 OCEAN DR 1005, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1998 with 1,530 square feet of living space. The property is currently owned by SCOTT GOLDFARB, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-07-17 for $318,125. The property sold for $75 less than the prior sale of $318,200 on 2025-07-10. There are 5 recorded sales for this property.

The 2025 assessed value is $1,338,348 with a market value of $1,338,348. The assessed value decreased 6% from $1,423,774 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 $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 $1,087,359 recorded against this property. 1500 OCEAN DR 1005, 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 2020 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 421% 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 $208 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SCOTT GOLDFARB
366 W BROADWAY, MIAMI BEACH, FL, 10013
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$11,106 — $19,536
Flood $400 — $800
Property/Wind $10,706 — $18,736

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
$1,138,900
~$1,087,359 bal.
POWER EXPRESS · 2022-06-02
Est. Total Balance $1,087,359
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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