401 OCEAN DR 724, Miami Beach, FL 33139

Parcel: 0242031201370 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$414,670

Property Details

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

Sales History

1
$100non-market transfer
2012-08-15
ELOISA REGALADOREGAL ESTATES INVESTMENTS LLC
2
$405,000
2022-11-03
REGAL ESTATES INVESTMENTS LLCROBERT REX CASTILLO
3
$405,000
2022-11-07
4
$490,000+21%
2025-03-28
ROBERT REX CASTILLOBEAR S BEACH LLC
5
$490,000
2025-04-07

Tax Assessment History

$414,670
Assessed (2025)
$414,670
Market Value
$414,670
Taxable Value
$8,442
Annual Tax
2024
$334,725
$357,474
2025
$414,670
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $414,670 $414,670 $414,670 $8,442
2024 $334,725 $357,474 $284,725 $5,797

About 401 OCEAN DR 724, Miami Beach, FL 33139

401 OCEAN DR 724, 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 BEAR S BEACH LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-04-07 for $490,000. There are 5 recorded sales for this property. The 2025 assessed value is $414,670 with a market value of $414,670.

The assessed value increased 24% from $334,725 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 $330,322 recorded against this property.

401 OCEAN DR 724, 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 2025, with 5 recorded transactions in the public record.

The current assessed value represents 85% of the most recent sale price. Based on the most recent sale, this property traded at $748 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BEAR S BEACH LLC
135 SAN LORENZO AVE 710, CORAL GABLES, FL, 33146
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,546 — $8,264
Flood $400 — $800
Property/Wind $4,146 — $7,464

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
$341,500
~$330,322 bal.
CITIZENS BANK NA · 2023-06-06
1 satisfied mortgage
SATISFIED 2022-11-07
$324,000
A&D MORTGAGE LLC
Est. Total Balance $330,322
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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