400 ALTON RD 1609, Miami Beach, FL 33139

Parcel: 0242032652190 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$1,013,985

Property Details

Beds
2
Baths
2
Living Sqft
1,437
Year Built
2003
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$658,000
2011-06-29
ROY L GORINBEL PARADISO PROPERTIS INC
2
$750,000+14%
2012-11-20
BEL PARADISO PROPERTIS INCGARY A GREENBERG
3
$760,000+1%
2019-09-30
GARY A GREENBERG1572 PALM BEACH LLC

Tax Assessment History

$1,013,985
Assessed (2025)
$1,186,651
Market Value
$1,013,985
Taxable Value
$20,644
Annual Tax
2024
$921,805
$1,078,774
2025
$1,013,985
$1,186,651
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,013,985 $1,186,651 $1,013,985 $20,644
2024 $921,805 $1,078,774 $921,805 $18,767

About 400 ALTON RD 1609, Miami Beach, FL 33139

400 ALTON RD 1609, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2003 with 1,437 square feet of living space. The property is currently owned by 1572 PALM BEACH LLC, 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 2019-09-30 for $760,000, when GARY A GREENBERG sold to 1572 PALM BEACH LLC. The property has appreciated $10,000 (1%) since the prior sale of $750,000 on 2012-11-20. There are 3 recorded sales for this property.

The 2025 assessed value is $1,013,985 with a market value of $1,186,651. The assessed value increased 10% from $921,805 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.

There are active mortgage liens totaling $1,700,000 recorded against this property. 400 ALTON RD 1609, 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 2011 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 133% 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 $529 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

1572 PALM BEACH LLC
4045 SHERIDAN DR 192, MIAMI BEACH, FL, 33134
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,483 — $10,939
Flood $400 — $800
Property/Wind $6,083 — $10,139

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
$1,700,000
BCL-CRE 3 LLC · 2021-12-28
Est. Total Balance $1,700,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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