450 ALTON RD 2705, Miami Beach, FL 33139

Parcel: 0242032861550 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$899,384

Property Details

Beds
2
Baths
2.5
Living Sqft
1,750
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$904,725
2005-03-01
MURANO THREE LTD THOMAS CHRISTOPHER
2
$100non-market transfer
2023-08-11
BARBARA CHRISTOPHER THOMAS CHRISTOPHER
3
$1,850,000
2023-08-17
THOMAS CHRISTOPHER DEREK MELL MASON TRS
4
N/A
2023-08-25
5
$1,850,000
2023-08-25
6
$2,525,000+36%
2026-03-31
DEREK MELL MASON TRSPIANO 32 LLC

Tax Assessment History

$899,384
Assessed (2025)
$899,384
Market Value
$848,662
Taxable Value
$17,278
Annual Tax
2024
$1,572,500
2025
$899,384
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $899,384 $899,384 $848,662 $17,278
2024 $1,572,500 $1,572,500 $1,572,500 $32,015

About 450 ALTON RD 2705, Miami Beach, FL 33139

450 ALTON RD 2705, Miami Beach, FL 33139 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2005 with 1,750 square feet of living space. The property is currently owned by PIANO 32 LLC, recorded as of 2026-04-28. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-03-31 for $2,525,000, when DEREK MELL MASON TRS sold to PIANO 32 LLC. There are 6 recorded sales for this property. The 2025 assessed value is $899,384 with a market value of $899,384.

The assessed value decreased 43% from $1,572,500 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 $955,416 recorded against this property. 450 ALTON RD 2705, 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 2026, with 6 recorded transactions in the public record. The current assessed value represents 36% 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 $1443 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

PIANO 32 LLC
227 MICHIGAN AVE 301, MIAMI BEACH, FL, 33139
Since: 2026-04-28
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,796 — $9,793
Flood $400 — $800
Property/Wind $5,396 — $8,993

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 6.375% rate
$989,250
~$955,416 bal.
WELLS FARGO BANK NA · 2023-08-25
Est. Total Balance $955,416
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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