401 OCEAN DR 1003, Miami Beach, FL 33139

Parcel: 0242031201920 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$363,645

Property Details

Beds
1
Baths
1
Living Sqft
659
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$333,333
2023-05-31
2
$100non-market transfer
2024-06-12
MICHAEL BALITINAMIKE LLC
3
N/A
2024-06-13
4
$100non-market transfer
2024-12-20
TINAMIKE LLCMICHAEL BALI
5
N/A
2025-01-02
6
$525,000
2025-11-24
MICHAEL BALICHRISTY SPRINGER
7
$525,000
2025-12-04

Tax Assessment History

$363,645
Assessed (2025)
$363,645
Market Value
$363,645
Taxable Value
$7,404
Annual Tax
2024
$220,137
$330,586
2025
$363,645
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $363,645 $363,645 $363,645 $7,404
2024 $220,137 $330,586 $170,137 $3,464

About 401 OCEAN DR 1003, Miami Beach, FL 33139

401 OCEAN DR 1003, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 659 square feet of living space. The property is currently owned by CHRISTY SPRINGER, 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 2025-12-04 for $525,000. There are 7 recorded sales for this property. The 2025 assessed value is $363,645 with a market value of $363,645.

The assessed value increased 65% from $220,137 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 1003, 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 2023 to 2025, with 7 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $797 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

CHRISTY SPRINGER
401 OCEAN DR 1003, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,036 — $7,345
Flood $400 — $800
Property/Wind $3,636 — $6,545

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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