400 ALTON RD 1203, Miami Beach, FL 33139

Parcel: 0242032650690 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$3,272,313

Property Details

Beds
3
Baths
3.5
Living Sqft
3,058
Year Built
2003
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,050,000
2003-10-01
2
$4,000,000+281%
2022-05-03
ROBERT HIBBS MICHAEL L RICHARDS

Tax Assessment History

$3,272,313
Assessed (2025)
$3,569,796
Market Value
$3,272,313
Taxable Value
$66,622
Annual Tax
2024
$2,974,830
2025
$3,272,313
$3,569,796
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,272,313 $3,569,796 $3,272,313 $66,622
2024 $2,974,830 $2,974,830 $2,974,830 $60,565

About 400 ALTON RD 1203, Miami Beach, FL 33139

400 ALTON RD 1203, Miami Beach, FL 33139 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2003 with 3,058 square feet of living space. The property is currently owned by MICHAEL L RICHARDS DAVID E FROST, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-05-03 for $4,000,000, when ROBERT HIBBS sold to MICHAEL L RICHARDS. The property has appreciated $2,950,000 (281%) since the prior sale of $1,050,000 on 2003-10-01. The 2025 assessed value is $3,272,313 with a market value of $3,569,796.

The assessed value increased 10% from $2,974,830 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 1203, 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 2022, with 2 recorded transactions in the public record. The current assessed value represents 82% of the most recent sale price.

Based on the most recent sale, this property traded at $1308 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MICHAEL L RICHARDS DAVID E FROST
400 ALTON RD UNIT #1203, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$20,033 — $33,523
Flood $400 — $800
Property/Wind $19,633 — $32,723

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$87,115
Median Home Value$2,000,001
Pop. Density7,330/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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