400 ALTON RD 1004, Miami Beach, FL 33139

Parcel: 0242032650990 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$1,732,488

Property Details

Beds
2
Baths
2.5
Living Sqft
1,425
Year Built
2003
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,695,000
2014-05-15
GERALD N SMERNOFF TRSDEEPAK KULKARNI
2
$1,675,000-1%
2018-02-28
DEEPAK KULKARNIMICHAEL L RICHARDS
3
$2,350,000+40%
2023-03-08
MICHAEL L RICHARDSSAMUEL P LEE II
4
$2,350,000
2023-03-10

Tax Assessment History

$1,732,488
Assessed (2025)
$1,852,028
Market Value
$1,681,766
Taxable Value
$34,239
Annual Tax
2024
$1,683,662
2025
$1,732,488
$1,852,028
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,732,488 $1,852,028 $1,681,766 $34,239
2024 $1,683,662 $1,683,662 $1,633,662 $33,260

About 400 ALTON RD 1004, Miami Beach, FL 33139

400 ALTON RD 1004, Miami Beach, FL 33139 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2003 with 1,425 square feet of living space. The property is currently owned by SAMUEL P LEE II, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-03-10 for $2,350,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,732,488 with a market value of $1,852,028.

The assessed value increased 3% from $1,683,662 in 2024. The property has the following tax exemptions: homestead. 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.

There are active mortgage liens totaling $1,494,907 recorded against this property. 400 ALTON RD 1004, 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 2014 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 74% of the most recent sale price. Based on the most recent sale, this property traded at $1649 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SAMUEL P LEE II
400 ALTON RD 1004, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$10,794 — $18,124
Flood $400 — $800
Property/Wind $10,394 — $17,324

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 →

Mortgages

ACTIVE
$1,550,000
~$1,494,907 bal.
MORGAN STANLEY PRIVATE BANK NA · 2023-03-10
Est. Total Balance $1,494,907
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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