125 OCEAN DR U-0501, Miami Beach, FL 33139
Parcel: 0242033480160 · Residential · Condominium - Residential · Zoning: 3440
Property Details
Sales History
Tax Assessment History
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $7,900,149 | $7,900,149 | $7,900,149 | $160,841 | $0 | $0 |
| 2024 | $7,900,544 | $7,985,097 | $7,900,544 | $160,849 | $0 | $0 |
About 125 OCEAN DR U-0501, Miami Beach, FL 33139
125 OCEAN DR U-0501, Miami Beach, FL 33139 is a 4-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2009 with 3,256 square feet of living space. The property is currently owned by JONATHAN HOFFMAN MEREDITH HOFFMAN, 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 2012-12-18 for $4,786,000, when SFI BR VILLA LUISA LLC sold to JONATHAN HOFFMAN. There are 3 recorded sales for this property. The 2025 assessed value is $7,900,149 with a market value of $7,900,149.
The assessed value decreased 0% from $7,900,544 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. 125 OCEAN DR U-0501, 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 2011 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 165% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $1470 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
Flood Zone
Est. Annual Insurance
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.