401 OCEAN DR 305, Miami Beach, FL 33139

Parcel: 0242031200190 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$324,537

Property Details

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

Sales History

1
$120,000
2000-12-01
2
$301,000+151%
2015-12-16
SANTIAGO GARCIA &W LEYDA MARTHA DE J SANCHEZ
3
$100non-market transfer
2021-05-06
MARTHA DE J SANCHEZELIAS SANCHEZ TRS

Tax Assessment History

$324,537
Assessed (2025)
$338,917
Market Value
$324,537
Taxable Value
$6,607
Annual Tax
2024
$295,034
$308,106
2025
$324,537
$338,917
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $324,537 $338,917 $324,537 $6,607
2024 $295,034 $308,106 $295,034 $6,007

About 401 OCEAN DR 305, Miami Beach, FL 33139

401 OCEAN DR 305, 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 ELIAS SANCHEZ TRS SANCHEZ FLORIDA PROPERTY TR, 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 2021-05-06 for $100, when MARTHA DE J SANCHEZ sold to ELIAS SANCHEZ TRS. The property sold for $300,900 less than the prior sale of $301,000 on 2015-12-16. There are 3 recorded sales for this property.

The 2025 assessed value is $324,537 with a market value of $338,917. The assessed value increased 10% from $295,034 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 $40,744, and the median home value is $396,800. The population density is 13,742 people per square mile.

401 OCEAN DR 305, 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 2000 to 2021, with 3 recorded transactions in the public record..

Current Owner

ELIAS SANCHEZ TRS SANCHEZ FLORIDA PROPERTY TR
9211 N OKETO AVE, MORTON GROVE, IL, 60053
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,645 — $6,641
Flood $400 — $800
Property/Wind $3,245 — $5,841

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 →
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