450 ALTON RD 3401, Miami Beach, FL 33139

Parcel: 0242032860270 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$2,643,433

Property Details

Beds
3
Baths
3.5
Living Sqft
2,145
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2020-09-30
MARCO CASTOLDI &W LUCIA TERRUZZILUCIA TERRUZZI
2
$2,700,000
2021-01-04
LUCIA TERRUZZIMRMB LIMITED PARTNERSHIP
3
$100non-market transfer
2021-01-04
MARCO CASTOLDILUCIA TERRUZZI

Tax Assessment History

$2,643,433
Assessed (2025)
$2,643,433
Market Value
$2,643,433
Taxable Value
$53,818
Annual Tax
2024
$2,907,776
$3,304,291
2025
$2,643,433
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,643,433 $2,643,433 $2,643,433 $53,818
2024 $2,907,776 $3,304,291 $2,907,776 $59,200

About 450 ALTON RD 3401, Miami Beach, FL 33139

450 ALTON RD 3401, Miami Beach, FL 33139 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2005 with 2,145 square feet of living space. The property is currently owned by MRMB LIMITED PARTNERSHIP, 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 2021-01-04 for $2,700,000, when LUCIA TERRUZZI sold to MRMB LIMITED PARTNERSHIP. The property has appreciated $2,699,900 (2699900%) since the prior sale of $100 on 2021-01-04. There are 3 recorded sales for this property.

The 2025 assessed value is $2,643,433 with a market value of $2,643,433. The assessed value decreased 9% from $2,907,776 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 $1,168,344 recorded against this property. 450 ALTON RD 3401, 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 2020 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price. Based on the most recent sale, this property traded at $1259 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MRMB LIMITED PARTNERSHIP
1 360 SPEDDING COURT, KELOWNA, BC, V1X7K9
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$16,260 — $27,234
Flood $400 — $800
Property/Wind $15,860 — $26,434

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
$1,250,000
~$1,168,344 bal.
BMO HARRIS BANK NA · 2021-01-22
Est. Total Balance $1,168,344
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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