400 ALTON RD TH-1A, Miami Beach, FL 33139

400 ALTON RD TH-1A, Miami Beach, FL 33139 is a 2-bedroom, 4-bathroom residential - total value : condominium - residential built in 2003 with 1,864 square feet of living space. The property is currently owned by SHAMSU LALANI KANCHAN PANJWANI, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-12-03 for $1,185,000, when TZ LLC sold to SHAMSU LALANI. The property has appreciated $635,000 (115%) since the prior sale of $550,000 on 2003-11-01. The 2025 assessed value is $1,467,308 with a market value of $1,467,308.

The assessed value increased 37% from $1,068,591 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 $87,115, and the median home value is $2,000,001. The population density is 7,330 people per square mile. 400 ALTON RD TH-1A, 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 2021, with 2 recorded transactions in the public record. The current assessed value represents 124% 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 $636 per square foot — a key metric for comparing value across Miami Beach's real estate market..