400 ALTON RD 807, Miami Beach, FL 33139

Parcel: 0242032651650 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$1,248,467

Property Details

Beds
2
Baths
2.5
Living Sqft
1,658
Year Built
2003
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$625,000
2004-04-01
2
$999,000+60%
2006-04-01
3
$640,000-36%
2012-04-11
MARGARET RUBINIKREP PROPERTY CORP

Tax Assessment History

$1,248,467
Assessed (2025)
$1,350,947
Market Value
$1,248,467
Taxable Value
$25,418
Annual Tax
2024
$1,134,970
$1,228,134
2025
$1,248,467
$1,350,947
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,248,467 $1,350,947 $1,248,467 $25,418
2024 $1,134,970 $1,228,134 $1,134,970 $23,107

About 400 ALTON RD 807, Miami Beach, FL 33139

400 ALTON RD 807, 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 IKREP PROPERTY CORP, 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 2012-04-11 for $640,000, when MARGARET RUBIN sold to IKREP PROPERTY CORP. The property sold for $359,000 less than the prior sale of $999,000 on 2006-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,248,467 with a market value of $1,350,947. The assessed value increased 10% from $1,134,970 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 807, 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 2004 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 195% 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 $386 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

IKREP PROPERTY CORP
407 LINCOLN RD #PH-NE, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,890 — $13,284
Flood $400 — $800
Property/Wind $7,490 — $12,484

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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