401 OCEAN DR 1122, Miami Beach, FL 33139

Parcel: 0242031202340 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$274,911

Property Details

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

Sales History

1
$100non-market transfer
2016-12-22
BONJOUR HADILLA LLCMICHAEL BALI
2
$465,000
2017-07-19
MICHAEL BALIJULIE ANN NICHOLSON
3
$232,500-50%
2019-11-19
JULIE ANN NICHOLSONGERMAN XAVIER JIMENEZ

Tax Assessment History

$274,911
Assessed (2025)
$432,014
Market Value
$224,189
Taxable Value
$4,564
Annual Tax
2024
$267,164
$372,426
2025
$274,911
$432,014
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $274,911 $432,014 $224,189 $4,564
2024 $267,164 $372,426 $217,164 $4,421

About 401 OCEAN DR 1122, Miami Beach, FL 33139

401 OCEAN DR 1122, 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 GERMAN XAVIER JIMENEZ, 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 2019-11-19 for $232,500, when JULIE ANN NICHOLSON sold to GERMAN XAVIER JIMENEZ . The property sold for $232,500 less than the prior sale of $465,000 on 2017-07-19. There are 3 recorded sales for this property.

The 2025 assessed value is $274,911 with a market value of $432,014. The assessed value increased 3% from $267,164 in 2024. The property has the following tax exemptions: homestead.

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 1122, 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 2016 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 118% of the most recent sale price. Based on the most recent sale, this property traded at $355 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GERMAN XAVIER JIMENEZ
401 OCEAN DR # 1122, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,149 — $5,748
Flood $400 — $800
Property/Wind $2,749 — $4,948

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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