345 OCEAN DR 723, Miami Beach, FL 33139

Parcel: 0242031181360 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$376,128

Property Details

Beds
1
Baths
1
Living Sqft
659
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$198,000
2004-03-01
2
N/Anon-market transfer
2005-05-01
3
$445,000
2022-09-14
LEE TACHMANMICHAEL J MURPHY

Tax Assessment History

$376,128
Assessed (2025)
$376,128
Market Value
$376,128
Taxable Value
$7,658
Annual Tax
2024
$376,128
2025
$376,128
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $376,128 $376,128 $376,128 $7,658
2024 $376,128 $376,128 $376,128 $7,658

About 345 OCEAN DR 723, Miami Beach, FL 33139

345 OCEAN DR 723, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 659 square feet of living space. The property is currently owned by MICHAEL J MURPHY JENNIFER MURPHY, 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 2022-09-14 for $445,000, when LEE TACHMAN sold to MICHAEL J MURPHY. There are 3 recorded sales for this property. The 2025 assessed value is $376,128 with a market value of $376,128.

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 $213,207 recorded against this property. 345 OCEAN DR 723, 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 2004 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price.

Based on the most recent sale, this property traded at $675 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MICHAEL J MURPHY JENNIFER MURPHY
6650 SW 133 ST, MIAMI, FL, 33156
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,161 — $7,570
Flood $400 — $800
Property/Wind $3,761 — $6,770

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
$222,500
~$213,207 bal.
GUARANTEED RATE AFFINITY LLC · 2022-09-15
Est. Total Balance $213,207
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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