450 ALTON RD 2902, Miami Beach, FL 33139

Parcel: 0242032860570 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$1,837,134

Property Details

Beds
2
Baths
2.5
Living Sqft
1,933
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$761,900
2005-06-01
2
$1,765,000+132%
2012-06-29
ALEJANDRO ITKINICON 2902 LLC
3
$3,150,000+78%
2023-01-11
ICON 2902 LLCSOUTH OF 5 CAPITAL INC
4
$3,150,000
2023-01-18

Tax Assessment History

$1,837,134
Assessed (2025)
$1,837,134
Market Value
$1,837,134
Taxable Value
$37,403
Annual Tax
2024
$2,296,417
2025
$1,837,134
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,837,134 $1,837,134 $1,837,134 $37,403
2024 $2,296,417 $2,296,417 $2,296,417 $46,753

About 450 ALTON RD 2902, Miami Beach, FL 33139

450 ALTON RD 2902, Miami Beach, FL 33139 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2005 with 1,933 square feet of living space. The property is currently owned by SOUTH OF 5 CAPITAL INC, 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 2023-01-18 for $3,150,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,837,134 with a market value of $1,837,134.

The assessed value decreased 20% from $2,296,417 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. 450 ALTON RD 2902, 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 2005 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 58% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1630 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SOUTH OF 5 CAPITAL INC
1515 EUCLID AVE UNIT OFFICE, 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

$11,422 — $19,171
Flood $400 — $800
Property/Wind $11,022 — $18,371

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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