401 OCEAN DR 1126, Miami Beach, FL 33139

Parcel: 0242031202380 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$513,245

Property Details

Beds
1
Baths
1
Living Sqft
717
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$215,000
2003-12-01
2
$250,000+16%
2004-12-01
3
$640,000+156%
2024-01-25
JAMES V RIZZOCASAS VELHAS LTD
4
$640,000
2024-02-09

Tax Assessment History

$513,245
Assessed (2025)
$513,245
Market Value
$513,245
Taxable Value
$10,449
Annual Tax
2024
$268,152
$442,453
2025
$513,245
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $513,245 $513,245 $513,245 $10,449
2024 $268,152 $442,453 $218,152 $4,441

About 401 OCEAN DR 1126, Miami Beach, FL 33139

401 OCEAN DR 1126, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 717 square feet of living space. The property is currently owned by CASAS VELHAS LTD, 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 2024-02-09 for $640,000. There are 4 recorded sales for this property. The 2025 assessed value is $513,245 with a market value of $513,245.

The assessed value increased 91% from $268,152 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 $437,444 recorded against this property.

401 OCEAN DR 1126, 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 2003 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $893 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

CASAS VELHAS LTD
RUA CEARA 1986 APT 1101, BELO HORIZONTE
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,532 — $10,038
Flood $400 — $800
Property/Wind $5,132 — $9,238

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 7.25% rate
$448,000
~$437,444 bal.
BRADESCO BANK · 2024-02-09
Est. Total Balance $437,444
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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