400 ALTON RD 2506, Miami Beach, FL 33139

Parcel: 0242032651540 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$2,610,155

Property Details

Beds
3
Baths
3
Living Sqft
2,024
Year Built
2003
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$880,000
2003-07-01
2
$1,475,000+68%
2011-12-23
PHILIP H WONG &WFREDRIC H MARGOLIS
3
$3,500,000+137%
2022-05-11
FREDRIC H MARGOLISROBERT THOMAS NEEDHAM

Tax Assessment History

$2,610,155
Assessed (2025)
$2,610,155
Market Value
$2,610,155
Taxable Value
$53,141
Annual Tax
2024
$2,534,131
2025
$2,610,155
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,610,155 $2,610,155 $2,610,155 $53,141
2024 $2,534,131 $2,534,131 $2,534,131 $51,593

About 400 ALTON RD 2506, Miami Beach, FL 33139

400 ALTON RD 2506, Miami Beach, FL 33139 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 2003 with 2,024 square feet of living space. The property is currently owned by ROBERT THOMAS NEEDHAM LAURIE NEEDHAM, 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 2022-05-11 for $3,500,000, when FREDRIC H MARGOLIS sold to ROBERT THOMAS NEEDHAM . The property has appreciated $2,025,000 (137%) since the prior sale of $1,475,000 on 2011-12-23. There are 3 recorded sales for this property.

The 2025 assessed value is $2,610,155 with a market value of $2,610,155. The assessed value increased 3% from $2,534,131 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 2506, 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 3 recorded transactions in the public record.

The current assessed value represents 75% of the most recent sale price. Based on the most recent sale, this property traded at $1729 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ROBERT THOMAS NEEDHAM LAURIE NEEDHAM
400 ALTON RD UNIT 2506, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$16,060 — $26,901
Flood $400 — $800
Property/Wind $15,660 — $26,101

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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