510 OCEAN DR 202, Miami Beach, FL 33139

Parcel: 0242032230070 · Residential · Condominium - Residential · Zoning: 6503

Assessed Value (2025)
$410,966

Property Details

Beds
1
Baths
1
Living Sqft
670
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2008-12-09
255 UNIVERSITY DRIVE INCJOSE ALFREDO ARMAS
2
$290,000
2015-03-03
JOSE ALFREDO ARMASJKR BENTLEY HOLDINGS LLC
3
$15,400,000+5210%
2019-07-18
JKR BENTLEY HOLDINGS LLCBENTLEY CONDO HOTEL LLC

Tax Assessment History

$410,966
Assessed (2025)
$426,947
Market Value
$410,966
Taxable Value
$8,367
Annual Tax
2024
$373,606
$426,947
2025
$410,966
$426,947
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $410,966 $426,947 $410,966 $8,367
2024 $373,606 $426,947 $373,606 $7,606

About 510 OCEAN DR 202, Miami Beach, FL 33139

510 OCEAN DR 202, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1998 with 670 square feet of living space. The property is currently owned by BENTLEY CONDO HOTEL 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 2019-07-18 for $15,400,000, when JKR BENTLEY HOLDINGS LLC sold to BENTLEY CONDO HOTEL LLC. The property has appreciated $15,110,000 (5210%) since the prior sale of $290,000 on 2015-03-03. There are 3 recorded sales for this property.

The 2025 assessed value is $410,966 with a market value of $426,947. The assessed value increased 10% from $373,606 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.

510 OCEAN DR 202, 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 2008 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 3% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $22985 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BENTLEY CONDO HOTEL LLC
11801 NW 100 RD STE 4A, MIAMI, FL, 33178
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,687 — $6,553
Flood $400 — $800
Property/Wind $3,287 — $5,753

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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