401 OCEAN DR 1024, Miami Beach, FL 33139

Parcel: 0242031202120 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$351,000

Property Details

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

Sales History

1
$280,000
2010-08-03
RODOLFO R MARIN &W MAYREMICHELE GABRIELLI
2
$300,000+7%
2013-12-20
MICHELE GABRIELLIMELQUIADES ALVAREZ
3
$450,000+50%
2024-05-10
MELQUIADES ALVAREZPARIS MIAMI LLC
4
$450,000
2024-05-14

Tax Assessment History

$351,000
Assessed (2025)
$351,000
Market Value
$351,000
Taxable Value
$7,146
Annual Tax
2024
$349,157
$368,348
2025
$351,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $351,000 $351,000 $351,000 $7,146
2024 $349,157 $368,348 $349,157 $7,109

About 401 OCEAN DR 1024, Miami Beach, FL 33139

401 OCEAN DR 1024, 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 PARIS MIAMI 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 2024-05-14 for $450,000. There are 4 recorded sales for this property. The 2025 assessed value is $351,000 with a market value of $351,000.

The assessed value increased 1% from $349,157 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 1024, 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 2010 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price.

Based on the most recent sale, this property traded at $687 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

PARIS MIAMI LLC
401 OCEAN DR 1003, MIAMI BEACH, FL, 33139
Since: 2026-03-29
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People Behind This Entity

Registered Agent: BENNETT JOAN
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,910 — $7,118
Flood $400 — $800
Property/Wind $3,510 — $6,318

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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