401 OCEAN DR 503, Miami Beach, FL 33139

Parcel: 0242031200670 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$344,735

Property Details

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

Sales History

1
N/Anon-market transfer
2012-11-01
EDWARD E MARTINO &W OLGAEDWARD E MARTINO TRS
2
N/Anon-market transfer
2012-12-01
EDWARD E MARTINO TRSKYONA BEACH LIMITED PARTNERSHIP
3
$295,000
2014-03-10
KYONA BEACH LIMITED PARTNERSHIPBRADLEY SMITH

Tax Assessment History

$344,735
Assessed (2025)
$344,736
Market Value
$344,735
Taxable Value
$7,019
Annual Tax
2024
$313,396
2025
$344,735
$344,736
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $344,735 $344,736 $344,735 $7,019
2024 $313,396 $313,396 $313,396 $6,380

About 401 OCEAN DR 503, Miami Beach, FL 33139

401 OCEAN DR 503, 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 BRADLEY SMITH BARBARA ASPHAR, 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 2014-03-10 for $295,000, when KYONA BEACH LIMITED PARTNERSHIP sold to BRADLEY SMITH. There are 3 recorded sales for this property. The 2025 assessed value is $344,735 with a market value of $344,736.

The assessed value increased 10% from $313,396 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 503, 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 2014, with 3 recorded transactions in the public record. The current assessed value represents 117% of the most recent sale price.

Based on the most recent sale, this property traded at $448 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BRADLEY SMITH BARBARA ASPHAR
200 HULLS HWY, SOUTHPORT, CT, 06890
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,847 — $7,005
Flood $400 — $800
Property/Wind $3,447 — $6,205

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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