400 ALTON RD 407, Miami Beach, FL 33139

400 ALTON RD 407, Miami Beach, FL 33139 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2003 with 1,658 square feet of living space. The property is currently owned by RICHARD KORMAN JEANNE KORMAN, 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 2021-05-28 for $860,000, when MANATEE INVEST PROP HOLDINGS LLC sold to RICHARD KORMAN. The property has appreciated $859,900 (859900%) since the prior sale of $100 on 2015-06-04. There are 3 recorded sales for this property.

The 2025 assessed value is $1,037,202 with a market value of $1,061,691. The assessed value increased 3% from $1,007,971 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. 400 ALTON RD 407, 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 2008 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 121% 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 $519 per square foot — a key metric for comparing value across Miami Beach's real estate market..