401 OCEAN DR 516, Miami Beach, FL 33139
Parcel: 0242031200790 · Residential · Condominium - Residential · Zoning: 4900
Assessed Value (2025)
$707,136
Property Details
Beds
1
Baths
1
Living Sqft
747
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$150,000
1998-03-01
2
$425,000+183%
2011-12-22
KENNETH P MOMAN → PHILIPPE MARTIN JTRS
3
$100non-market transfer
2022-12-02
PHILIPPE MARTIN JTRS → OCEAN 516 LLC
4
N/A
2022-12-06
Tax Assessment History
$707,136
Assessed (2025)
$711,812
Market Value
$707,136
Taxable Value
$14,397
Annual Tax
2024
$642,851
$677,916
2025
$707,136
$711,812
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $707,136 | $711,812 | $707,136 | $14,397 | $0 | $0 |
| 2024 | $642,851 | $677,916 | $642,851 | $13,088 | $0 | $0 |
About 401 OCEAN DR 516, Miami Beach, FL 33139
401 OCEAN DR 516, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 747 square feet of living space. The property is currently owned by OCEAN 516 LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 4 recorded sales for this property. The 2025 assessed value is $707,136 with a market value of $711,812. The assessed value increased 10% from $642,851 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 516, 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 1998 to 2022, with 4 recorded transactions in the public record..
Current Owner
OCEAN 516 LLC
401 OCEAN DR 516, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$7,471 — $13,528
Flood $400 — $800
Property/Wind $7,071 — $12,728
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
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