401 OCEAN DR 518, Miami Beach, FL 33139

Parcel: 0242031200810 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$637,544

Property Details

Beds
1
Baths
1
Living Sqft
679
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2022-08-12
GARY L PETTIGREW &W PATRICIA MPATRICIA MARIE PETTIGREW TRS
2
N/A
2022-08-16
3
$800,000
2024-11-11
PATRICIA MARIE PETTIGREW TRSMIKEVINC LLC
4
N/Anon-market transfer
2024-11-11
PATRICIA MARIE PETTIGREW TRS MIKEVINC LLC
5
$800,000
2024-12-10
6
N/A
2025-03-27

Tax Assessment History

$637,544
Assessed (2025)
$637,544
Market Value
$637,544
Taxable Value
$12,980
Annual Tax
2024
$575,778
$607,185
2025
$637,544
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $637,544 $637,544 $637,544 $12,980
2024 $575,778 $607,185 $575,778 $11,722

About 401 OCEAN DR 518, Miami Beach, FL 33139

401 OCEAN DR 518, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 679 square feet of living space. The property is currently owned by MIKEVINC LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

There are 6 recorded sales for this property. The 2025 assessed value is $637,544 with a market value of $637,544. The assessed value increased 11% from $575,778 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. There are active mortgage liens totaling $292,368 recorded against this property. 401 OCEAN DR 518, 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 2022 to 2025, with 6 recorded transactions in the public record..

Current Owner

MIKEVINC LLC
401 OCEAN DR 516, MIAMI, FL, 33139
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: CAMPBELL REGINA
View on Sunbiz →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,775 — $12,275
Flood $400 — $800
Property/Wind $6,375 — $11,475

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
$315,000
~$292,368 bal.
HOMESIDE FINANCIAL LLC · 2020-08-11
Est. Total Balance $292,368
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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