Miami-Dade County  »  7436 Ocean Ter

7436 Ocean Terrace, Miami Beach, FL 33141 - Property report

Also known as: 7436 Ocean Ter

Property image for 7436 Ocean Terrace, Miami Beach, FL 33141
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Property type

Hotel or Motel: Hotel (3921)

Year built

1940

Acreage

0.172

Sale price

$1

General information

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Address
Primary address
7436 Ocean Terrace
ZIP code
33141
County
Miami-Dade
Municipality
02
Neighborhood
023202003
Parcel ID
0232020030020
Qualifier

Owner

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Sales
Sale date
12/10/2019
Sale price
$1
Arm's length
Tax
Tax year
2025
Current property tax
$58,420
Building
Property type
Hotel or Motel: Hotel (3921)
Building sq. ft.
17,490
Buildings on lot
1
Stories
3
Year built
1940
Lot
Total sq. ft.
17,490
Acreage
0.172
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
49 /100.  Some Transit
Bike score
75 /100.  Very Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 7436 Ocean Terrace, Miami Beach, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 7436 Ocean Terrace, Miami Beach, FL 33141

Title documents

Date Type Amount Party 1 Party 2 Doc #
03/08/2022 - R
03/01/2022 - D
Mortgage XXXX XXXXX XXXXXXX XXX XXXXXXX XXXX
01/16/2020 - D
01/16/2020 - R
Mortgage XXXXXXX XXXX XXXX XXXXX XXXXXXX XXX
12/10/2019 - D
12/10/2019 - R
Quit Claim Deed XXXX XXXXX XXXXXXX XXX XXX XXXXXXXXXXX XXX
12/10/2019 - D
12/10/2019 - R
Quit Claim Deed XXXXX XXXXX XXXX XX XXXXX XXXXX XXXXXXX XXX
03/11/2015 - R
03/10/2015 - D
Deed XXXX XXXXX XX X XX XXX XXXX XXXXX XXXXXXX XXX
06/03/2004 - R Warranty Deed XXXXX XXXX XXXXX XXX XXXX XXXXX XXX XX XXX
09/05/1996 - R Notice of Commencement XXXXX XXXX XXXXX XXX
06/21/1996 - R Easment XXXXX XXX XXXX XXXXX XXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 7436 Ocean Terrace, Miami Beach, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$58,420
Recent tax assessments
Market value
$4,700,000
Land value
$3,037,500
Building value
$1,662,500
Assessed value
$2,246,594

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $4,700,000 $2,246,594 18.7601 $58,420 -44.24%
2024 $12,100,000 $2,042,359 18.7913 $104,779 +116.91%
2023 $3,830,000 $1,856,690 18.8967 $48,305 +16.73%
2022 $3,200,000 $1,663,750 18.7893 $41,383 -0.84%
2021 $3,300,000 $1,512,500 19.3081 $41,732 -55.32%
2020 $4,825,000 $4,825,000 19.3596 $93,410 +4.79%
2019 $4,600,000 $4,600,000 19.3785 $89,141 +3.05%
2018 $4,600,000 $4,600,000 18.8042 $86,499 -1.25%
2017 $4,600,000 $4,600,000 19.043 $87,598 -1.96%
2016 $4,600,000 $4,600,000 19.4244 $89,352 -1.96%

Permit information for 7436 Ocean Terrace, Miami Beach, FL

No recently recorded permits for this property.

Miami Beach residential market stats

Access a detailed real estate market overview of Miami Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami Beach and compare it to other neighborhoods in Miami-Dade.

Median sale price

$620,000

7.9% Y-o-Y

Median price/sq. ft.

$622

-4.5% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami Beach and see how their prices compare.

Demographics by ZIP code

Total population
36,438
Median age
45.4
Average household income
$103,794
Family households
50.3%
People per household (average)
2.14
Occupied housing units
16,872
Owner-occupied units
37.5%
Median year structure built
1972
Median value mortgaged units
$412,000
Median value unmortgaged units
$476,500

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 7436 Ocean Terrace, Miami Beach, FL 33141 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 7436 Ocean Terrace, Miami Beach, FL 33141?

The development at 7436 Ocean Terrace, Miami Beach, FL 33141 was built in 1940.

What is the market value of 7436 Ocean Terrace, Miami Beach, FL 33141?

The current market value of 7436 Ocean Terrace, Miami Beach, FL 33141 is $4,700,000.

What is the total square footage of 7436 Ocean Terrace, Miami Beach, FL 33141?

7436 Ocean Terrace, Miami Beach, FL 33141 has a total of 17,490 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 49.

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