918 OCEAN DR 204, Miami Beach, FL 33139

Parcel: 0242032120040 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$323,840

Property Details

Baths
1
Living Sqft
514
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$180,000
2012-04-17
ALBERTO ELIASGRAPAVARE RENTALS LLC
2
$250,000+39%
2016-03-24
GRAPAVARE RENTALS LLCGUMA RE INC
3
$169,000-32%
2024-09-30
GUMA RE INCSAGIMA INC
4
$169,000
2024-10-30

Tax Assessment History

$323,840
Assessed (2025)
$323,840
Market Value
$323,840
Taxable Value
$6,593
Annual Tax
2024
$222,640
$323,840
2025
$323,840
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $323,840 $323,840 $323,840 $6,593
2024 $222,640 $323,840 $222,640 $4,533

About 918 OCEAN DR 204, Miami Beach, FL 33139

918 OCEAN DR 204, Miami Beach, FL 33139 is a residential - total value : condominium - residential built in 1925 with 514 square feet of living space. The property is currently owned by SAGIMA INC, 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 2024-10-30 for $169,000. There are 4 recorded sales for this property. The 2025 assessed value is $323,840 with a market value of $323,840.

The assessed value increased 45% from $222,640 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. 918 OCEAN DR 204, 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 2024, with 4 recorded transactions in the public record. The current assessed value represents 192% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $329 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SAGIMA INC
1200 BRICKELL AVE STE 800, MIAMI, FL, 33139
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,286 — $7,924
Flood $400 — $800
Property/Wind $3,886 — $7,124

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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