1024 OCEAN DR A507, Miami Beach, FL 33139

1024 OCEAN DR A507, Miami Beach, FL 33139 is a hotel or motel : condominium built in 1964 with 395 square feet of living space. The property is currently owned by ANNA L CASCO JOSE ALFREDO CANCELO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-08-30 for $257,000, when 1024 OCEAN DRIVE APT A507 LLC sold to ANNA L CASCO . The property has appreciated $17,000 (7%) since the prior sale of $240,000 on 2017-01-20. There are 3 recorded sales for this property.

The 2025 assessed value is $232,505 with a market value of $252,800. The assessed value increased 10% from $211,369 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 $40,744, and the median home value is $396,800. The population density is 13,742 people per square mile.

1024 OCEAN DR A507, 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 2018, with 3 recorded transactions in the public record.

The current assessed value represents 90% of the most recent sale price. Based on the most recent sale, this property traded at $651 per square foot — a key metric for comparing value across Miami Beach's real estate market..