125 OCEAN DR U-0503, Miami Beach, FL 33139

125 OCEAN DR U-0503, Miami Beach, FL 33139 is a 4-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2009 with 3,463 square feet of living space. The property is currently owned by NLS MIAMI LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-01-10 for $9,550,000, when JEFFREY L KAPLAN sold to NLS MIAMI LLC. The property has appreciated $2,050,000 (27%) since the prior sale of $7,500,000 on 2017-10-02. There are 3 recorded sales for this property.

The 2025 assessed value is $8,351,722 with a market value of $8,351,722. The assessed value decreased 1% from $8,441,525 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.

There are active mortgage liens totaling $6,387,554 recorded against this property. 125 OCEAN DR U-0503, 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 2017 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $2758 per square foot — a key metric for comparing value across Miami Beach's real estate market..