918 OCEAN DR 302, Miami Beach, FL 33139

Parcel: 0242032120110 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$282,571

Property Details

Beds
1
Baths
1
Living Sqft
571
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$199,000
2004-11-01
2
$200,000+1%
2007-03-01
3
$100,000-50%
2014-03-07
GIUSEPPE CASTELLISIGIOVANNI PORRETTO

Tax Assessment History

$282,571
Assessed (2025)
$373,648
Market Value
$282,571
Taxable Value
$5,753
Annual Tax
2024
$256,883
$373,648
2025
$282,571
$373,648
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $282,571 $373,648 $282,571 $5,753
2024 $256,883 $373,648 $256,883 $5,230

About 918 OCEAN DR 302, Miami Beach, FL 33139

918 OCEAN DR 302, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 571 square feet of living space. The property is currently owned by GIOVANNI PORRETTO, 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 2014-03-07 for $100,000, when GIUSEPPE CASTELLISI sold to GIOVANNI PORRETTO. The property sold for $100,000 less than the prior sale of $200,000 on 2007-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $282,571 with a market value of $373,648. The assessed value increased 10% from $256,883 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 302, 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 2004 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 283% 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 $175 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GIOVANNI PORRETTO
61 23 BLEECKER ST, RIDGEWOOD, NY, 11385
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,790 — $7,016
Flood $400 — $800
Property/Wind $3,390 — $6,216

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 →
Zoom in to see property sales