1500 OCEAN DR 1109, Miami Beach, FL 33139

Parcel: 0232341180950 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$589,822

Property Details

Beds
1
Baths
2
Living Sqft
940
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$650,000
2012-07-12
RUSO DONALD PERKINSJOHN C HARVEY
2
$765,000+18%
2013-12-20
JOHN C HARVEYOAKSHIRE HOLDINGS LTD
3
$700,000-8%
2022-05-31
OAKSHIRE HOLDINGS LTD1109 FAMILY LLC
4
$700,000
2022-06-03

Tax Assessment History

$589,822
Assessed (2025)
$589,822
Market Value
$589,822
Taxable Value
$12,008
Annual Tax
2024
$634,291
2025
$589,822
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $589,822 $589,822 $589,822 $12,008
2024 $634,291 $634,291 $634,291 $12,914

About 1500 OCEAN DR 1109, Miami Beach, FL 33139

1500 OCEAN DR 1109, Miami Beach, FL 33139 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1998 with 940 square feet of living space. The property is currently owned by 1109 FAMILY LLC, 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 2022-06-03 for $700,000. There are 4 recorded sales for this property. The 2025 assessed value is $589,822 with a market value of $589,822.

The assessed value decreased 7% from $634,291 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. 1500 OCEAN DR 1109, 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 2012 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 84% of the most recent sale price.

Based on the most recent sale, this property traded at $745 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,118 — $9,057
Flood $400 — $800
Property/Wind $4,718 — $8,257

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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