400 ALTON RD 2903, Miami Beach, FL 33139

Parcel: 0242032650850 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$3,591,459

Property Details

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

Sales History

1
$1,200,000
2003-08-01
2
$1,650,000+38%
2004-05-01
3
$2,100,000+27%
2009-04-08
MICHAEL E MCMAHONLAWRENCE TIMMOUS

Tax Assessment History

$3,591,459
Assessed (2025)
$3,591,459
Market Value
$3,591,459
Taxable Value
$73,119
Annual Tax
2024
$3,486,853
2025
$3,591,459
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,591,459 $3,591,459 $3,591,459 $73,119
2024 $3,486,853 $3,486,853 $3,486,853 $70,990

About 400 ALTON RD 2903, Miami Beach, FL 33139

400 ALTON RD 2903, 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 LAWRENCE TIMMOUS, 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 2009-04-08 for $2,100,000, when MICHAEL E MCMAHON sold to LAWRENCE TIMMOUS. The property has appreciated $450,000 (27%) since the prior sale of $1,650,000 on 2004-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $3,591,459 with a market value of $3,591,459. The assessed value increased 3% from $3,486,853 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 2903, 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 2009, with 3 recorded transactions in the public record.

The current assessed value represents 171% 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 $687 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

LAWRENCE TIMMOUS
400 ALTON ROAD UNIT 2903, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$21,948 — $36,714
Flood $400 — $800
Property/Wind $21,548 — $35,914

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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