401 OCEAN DR 521, Miami Beach, FL 33139

Parcel: 0242031200840 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$365,647

Property Details

Beds
1
Baths
1
Living Sqft
655
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$43,000
1988-07-01
2
$123,000+186%
1999-11-01
3
$270,000+120%
2004-11-01

Tax Assessment History

$365,647
Assessed (2025)
$406,788
Market Value
$365,647
Taxable Value
$7,444
Annual Tax
2024
$332,407
$350,679
2025
$365,647
$406,788
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $365,647 $406,788 $365,647 $7,444
2024 $332,407 $350,679 $332,407 $6,768

About 401 OCEAN DR 521, Miami Beach, FL 33139

401 OCEAN DR 521, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 655 square feet of living space. The property is currently owned by JOSEPH HORTON & WILLIAM ZEOLLA, 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 2004-11-01 for $270,000. The property has appreciated $147,000 (120%) since the prior sale of $123,000 on 1999-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $365,647 with a market value of $406,788. The assessed value increased 10% from $332,407 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 521, 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 1988 to 2004, with 3 recorded transactions in the public record.

The current assessed value represents 135% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $412 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

JOSEPH HORTON & WILLIAM ZEOLLA
429 E 52 ST #8H, NEW YORK, NY, 10022
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,056 — $7,381
Flood $400 — $800
Property/Wind $3,656 — $6,581

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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