7420 Ocean Terrace, Miami Beach, FL 33141 Property Information
7420 Ocean Terrace, Miami Beach, FL 33141 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 7420 Ocean Terrace, Miami Beach |
| Zip code | 33141 |
| County | Miami-Dade |
| Municipality | Miami Beach |
| Neighborhood | North Shore |
| Parcel ID | 0232020030040 |
Sales & Tax Overview for 7420 Ocean Terrace, Miami Beach
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/10/2019 |
| Sale price | $1 |
| Arm's length | Register |
| Property tax | $89,360 |
Lot & Building Information for 7420 Ocean Terrace, Miami Beach
| Building class | Vacant Land - Commercial: Vacant Land (1081) |
| Acreage | 0.172 |
Zoning, Use & Area Overview
| Zoning district | Register |
| School district | Miami-Dade County Public Schools |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 7420 Ocean Terrace, Miami Beach
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- • Improvements for 7420 Ocean Terrace, Miami Beach , including their type, square footage, grade and when they were built.
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About 7420 Ocean Terrace, Miami Beach
The current market value is $9,112,500.
Ownership Information
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Past Sales & Property History for 7420 Ocean Terrace, Miami Beach
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*Here are the three most recent sales for this property.
Title Documents for 7420 Ocean Terrace, Miami Beach
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R: Recorded date
D: Document date
Property Taxes for 7420 Ocean Terrace, Miami Beach
Access detailed property tax data for 7420 Ocean Terrace, Miami Beach, FL 33141. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $89,360 |
| Market value | $9,112,500 |
| Assessed value | $2,384,472 |
Assessment History for 7420 Ocean Terrace, Miami Beach
Here's the assessment & property tax history for 7420 Ocean Terrace, Miami Beach, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $9,112,500 | $2,384,472 | 18.7601 | $89,360 | -8.56% |
| 2024 | $10,800,000 | $2,167,702 | 18.7913 | $97,724 | +127.11% |
| 2023 | $2,835,000 | $1,970,639 | 18.8967 | $43,029 | +8.53% |
| 2022 | $2,700,000 | $1,791,490 | 18.7893 | $39,647 | +1.78% |
| 2021 | $2,700,000 | $1,628,628 | 19.3081 | $38,955 | -36.32% |
Miami Beach residential market stats
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Demographics by Zip Code
| Total population | 36,438 |
| Median age | 45.4 |
| Average household income | $103,794 |
| Family households | 50.3% |
| Occupied housing units | 16,872 |
| Owner occupied units | 37.5% |
| Average number of people per household | 2.14 |
| Median year structure built | 1972 |
| Median value for units with a mortgage | $412,000 |
| Median value for units without a mortgage | $476,500 |
Risk
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| FEMA flood zone(s) | X (See more on map) |
Transportation
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Neighbors for 7420 Ocean Terrace, Miami Beach
Here are the neighbors for 7420 Ocean Terrace, Miami Beach.