1418 OCEAN DR 307, Miami Beach, FL 33139

1418 OCEAN DR 307, Miami Beach, FL 33139 is a hotel or motel : condominium built in 1948 with 251 square feet of living space. The property is currently owned by PENGUIN HOTEL DEVELOPMENT LLC, 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 2014-11-06 for $180,000, when MIGUEL ANGEL MATESANZ sold to PENGUIN HOTEL DEVELOPMENT LLC. The property sold for $62,100 less than the prior sale of $242,100 on 2007-02-01. The 2025 assessed value is $165,660 with a market value of $165,660.

The assessed value increased 1% from $164,003 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 $50,945, and the median home value is $284,100. The population density is 16,037 people per square mile. 1418 OCEAN DR 307, 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 2007 to 2014, with 2 recorded transactions in the public record. The current assessed value represents 92% of the most recent sale price.

Based on the most recent sale, this property traded at $717 per square foot — a key metric for comparing value across Miami Beach's real estate market..