450 ALTON RD 3503, Miami Beach, FL 33139

Parcel: 0242032860950 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$2,675,254

Property Details

Beds
3
Baths
3
Living Sqft
2,158
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,019,900
2005-05-01
2
$100non-market transfer
2012-05-22
SERGEI MIKHAILOVMB RESIDENTIAL HOLDINGS LLC
3
$3,000,000
2022-09-29
MB RESIDENTIAL HOLDINGS LLCMOHINDER N GOSWAMI
4
$3,000,000
2022-10-05

Tax Assessment History

$2,675,254
Assessed (2025)
$2,675,254
Market Value
$2,624,532
Taxable Value
$53,433
Annual Tax
2024
$3,344,068
2025
$2,675,254
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,675,254 $2,675,254 $2,624,532 $53,433
2024 $3,344,068 $3,344,068 $3,344,068 $68,083

About 450 ALTON RD 3503, Miami Beach, FL 33139

450 ALTON RD 3503, Miami Beach, FL 33139 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 2005 with 2,158 square feet of living space. The property is currently owned by MOHINDER N GOSWAMI ALPANA GOSWAMI, 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 2022-10-05 for $3,000,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,675,254 with a market value of $2,675,254.

The assessed value decreased 20% from $3,344,068 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.

There are active mortgage liens totaling $2,301,642 recorded against this property. 450 ALTON RD 3503, 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 2022, with 4 recorded transactions in the public record. The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $1390 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MOHINDER N GOSWAMI ALPANA GOSWAMI
450 ALTON RD #3503, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$16,451 — $27,552
Flood $400 — $800
Property/Wind $16,051 — $26,752

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
$2,400,000
~$2,301,642 bal.
WELLS FARGO BANK NA · 2022-10-05
Est. Total Balance $2,301,642
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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