125 OCEAN DR U-0204, Miami Beach, FL 33139

Parcel: 0242033480310 · Residential · Condominium - Residential · Zoning: 3440

Assessed Value (2025)
$3,295,633

Property Details

Beds
1
Baths
1
Living Sqft
2,452
Year Built
2009
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,975,000
2015-11-17
JORGE G MORACHEYENNE MIAMI PROPERTIES LLC
2
$100non-market transfer
2016-01-05
JORGE G MORACHEYENNE MIAMI PROPERTIES LLC
3
$7,000,000
2022-02-17
CHEYENNE MIAMI PROPERTIES LLCTYLER JON WOLFRAM

Tax Assessment History

$3,295,633
Assessed (2025)
$3,295,633
Market Value
$3,295,633
Taxable Value
$67,096
Annual Tax
2024
$2,996,030
2025
$3,295,633
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,295,633 $3,295,633 $3,295,633 $67,096
2024 $2,996,030 $2,996,030 $2,996,030 $60,997

About 125 OCEAN DR U-0204, Miami Beach, FL 33139

125 OCEAN DR U-0204, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2009 with 2,452 square feet of living space. The property is currently owned by TYLER JON WOLFRAM MICHELE WOLFRAM, 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 2022-02-17 for $7,000,000, when CHEYENNE MIAMI PROPERTIES LLC sold to TYLER JON WOLFRAM . The property has appreciated $6,999,900 (6999900%) since the prior sale of $100 on 2016-01-05. There are 3 recorded sales for this property.

The 2025 assessed value is $3,295,633 with a market value of $3,295,633. The assessed value increased 10% from $2,996,030 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 $4,387,784 recorded against this property. 125 OCEAN DR U-0204, 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 2015 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 47% 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 $2855 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

TYLER JON WOLFRAM MICHELE WOLFRAM
125 OCEAN DR U-204, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$20,173 — $33,756
Flood $400 — $800
Property/Wind $19,773 — $32,956

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 2.75% rate
$4,845,000
~$4,387,784 bal.
JPMORGAN CHASE BANK NA · 2022-04-27
Est. Total Balance $4,387,784
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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