401 OCEAN DR 517, Miami Beach, FL 33139

Parcel: 0242031200800 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$624,203

Property Details

Beds
1
Baths
1
Living Sqft
647
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2000-04-01
2
$100non-market transfer
2016-05-06
JAMES A MURPHY & THEODORE APRIL JAMES MURPHY
3
$600,000
2021-07-28
JAMES MURPHY MARIA FERNANDA PEREZ

Tax Assessment History

$624,203
Assessed (2025)
$628,330
Market Value
$624,203
Taxable Value
$12,708
Annual Tax
2024
$567,458
$598,410
2025
$624,203
$628,330
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $624,203 $628,330 $624,203 $12,708
2024 $567,458 $598,410 $567,458 $11,553

About 401 OCEAN DR 517, Miami Beach, FL 33139

401 OCEAN DR 517, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 647 square feet of living space. The property is currently owned by MARIA FERNANDA PEREZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-07-28 for $600,000, when JAMES MURPHY sold to MARIA FERNANDA PEREZ . The property has appreciated $599,900 (599900%) since the prior sale of $100 on 2016-05-06. There are 3 recorded sales for this property.

The 2025 assessed value is $624,203 with a market value of $628,330. The assessed value increased 10% from $567,458 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 517, 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.

The current assessed value represents 104% of the most recent sale price. Based on the most recent sale, this property traded at $927 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MARIA FERNANDA PEREZ
401 OCEAN DR 517, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,642 — $12,035
Flood $400 — $800
Property/Wind $6,242 — $11,235

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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