345 OCEAN DR 224, Miami Beach, FL 33139

Parcel: 0242031180140 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$335,784

Property Details

Beds
1
Baths
1
Living Sqft
654
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2013-11-27
MICHAEL KETTENRINGDONNA E SHALALA TRS
2
$275,000
2013-11-27
MICHAEL KETTENRINGDONNA E SHALALA REVOCABLE TRUST
3
$314,900+15%
2022-06-28
DONNA E SHALALA TRSRICARDO LOPEZ REY
4
$314,900
2022-07-19

Tax Assessment History

$335,784
Assessed (2025)
$342,162
Market Value
$285,062
Taxable Value
$5,804
Annual Tax
2024
$326,321
$342,162
2025
$335,784
$342,162
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $335,784 $342,162 $285,062 $5,804
2024 $326,321 $342,162 $276,321 $5,626

About 345 OCEAN DR 224, Miami Beach, FL 33139

345 OCEAN DR 224, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 654 square feet of living space. The property is currently owned by RICARDO LOPEZ REY EULISES ULLOA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-07-19 for $314,900. There are 4 recorded sales for this property. The 2025 assessed value is $335,784 with a market value of $342,162.

The assessed value increased 3% from $326,321 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 $40,744, and the median home value is $396,800. The population density is 13,742 people per square mile.

There are active mortgage liens totaling $268,864 recorded against this property. 345 OCEAN DR 224, 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 2013 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 107% of the most recent sale price. Based on the most recent sale, this property traded at $481 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

RICARDO LOPEZ REY EULISES ULLOA
345 OCEAN DR 224, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,757 — $6,844
Flood $400 — $800
Property/Wind $3,357 — $6,044

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$40,744
Median Home Value$396,800
Pop. Density13,742/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
$281,520
~$268,864 bal.
PROFESSIONAL BANK · 2022-07-19
Est. Total Balance $268,864
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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