510 OCEAN DR PH-1, Miami Beach, FL 33139

510 OCEAN DR PH-1, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1998 with 720 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 2020-07-10 for $400,000, when ALLEN BOMBART sold to BENTLEY CONDO HOTEL LLC. The property sold for $25,000 less than the prior sale of $425,000 on 1998-09-01. The 2025 assessed value is $526,298 with a market value of $526,298.

The assessed value increased 0% from $526,212 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 $369,333 recorded against this property.

510 OCEAN DR PH-1, 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 1998 to 2020, with 2 recorded transactions in the public record.

The current assessed value represents 132% 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 $556 per square foot — a key metric for comparing value across Miami Beach's real estate market..