Miami-Dade County » 7400 Ocean Ter

7400 Ocean Terrace, Miami Beach, FL 33141 - Property report

Also known as: 7400 Ocean Ter

Property image for 7400 Ocean Terrace, Miami Beach, FL 33141

Property type

Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)

Year built

1961

Acreage

0.172

Sale price

$10

General information

Address

Primary address

7400 Ocean Terrace

ZIP code

33141

County

Miami-Dade

Municipality

Neighborhood

023202003

Parcel ID

0232020030060

Qualifier

Sales

Sale date

02/21/2025

Sale price

$10

Arm's length

Tax

Tax year

2025

Current property tax

$80,691

Building

Property type

Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)

Building sq. ft.

8,618

Buildings on lot

Stories

Year built

1961

Lot

Total sq. ft.

8,618

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

Ownership information for 7400 Ocean Terrace, Miami Beach, FL

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 7400 Ocean Terrace, Miami Beach, FL 33141

Sale date	Sale price	Buyer name	Seller name
02/21/2025	$10	XXXXX XXXXXXX XXXXXXX XXX	XXXX XXXXX XXXXXXX XXX
12/10/2019	$1	XXXXX XXXXX XXXXXXX XXX; XXX XXXXXXXXXXX XXX; XXXX XXXXXXX XXX XXXXXXXXXX XXX; XXXX XXXXXXX XXX XXXXXXXXXX XXX; XXXX XXXXX XXXXXXX XXX; XXXX XXXXXXX XXX XXXXXXXXXX XXX; XXXX XXXXX XXXXXXX XXXXXXXXXX XXX; XXXX XXXXX XXXXXXX XXX; XXXX XXXXXXX XXX XXXXXXXXXX XXX	XXXX XXXXX XXXXXXX XXX; XXXXX XXXXX XXXX XX; XXXX XXXXX XXXXXXX XXX; XXXX XXXXXXX XXX XXXXXXXXXX XXX; XXXX XXXXX XXXXXXX XXX; XXXX XXXXX XXXXXXX XXX; XXXX XXXXX XXXXXXX XXX
04/06/2016	$10	X X XXXXXX XXX	X&X XXXXXX XXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date	Type	Party 1	Party 2
02/21/2025 - D 02/21/2025 - R	Mortgage	XXXX XXXXX XXXXXXX XXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
02/21/2025 - D 02/21/2025 - R	Deed	XXXX XXXXX XXXXXXX XXX	XXXXX XXXXXXX 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
04/06/2016 - D 04/06/2016 - R	Quit Claim Deed	X&X XXXXXX XXX	X X XXXXXX XXX
03/17/2016 - R 03/16/2016 - D	Deed	XXXXX XXXXXXXX	XX XXXXXX XXX
12/02/2003 - R	Quit Claim Deed	XXXXX, XXXXXXXXX	X X XXXX XXX
07/28/2003 - R	Quit Claim Deed	XXXXX, XXXXXXX	XXXXX, XXXXXXXXX
04/07/1997 - R	Deed	XXXXX, XXXXX XXX XX	XXXXX, XXXXXXX
04/07/1997 - R	Quit Claim Deed	X X XXXX XXX	XXXXX, XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 7400 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

$80,691

Recent tax assessments

Market value

$9,118,572

Land value

$9,112,500

Building value

$6,072

Assessed value

$1,666,340

More about Miami-Dade County property taxes

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	$9,118,572	$1,666,340	18.7601	$80,691	-10.77%
2024	$10,900,000	$1,514,855	18.7913	$90,427	+152.19%
2023	$2,845,000	$1,377,141	18.8967	$35,857	+8.23%
2022	$2,710,000	$1,251,947	18.7893	$33,130	+0.42%
2021	$2,710,000	$1,138,134	19.3081	$32,992	-66.25%
2020	$5,050,000	$4,987,250	19.3596	$97,766	+95.93%
2019	$2,575,000	$2,575,000	19.3785	$49,900	+3.05%
2018	$2,575,000	$2,575,000	18.8042	$48,421	-0.91%
2017	$2,566,000	$2,566,000	19.043	$48,864	-1.96%
2016	$2,566,000	$1,601,406	19.4244	$49,843	-2.07%

Permits

Permit information for 7400 Ocean Terrace, Miami Beach, FL

No recently recorded permits for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

0.2, X

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 7400 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.

Nearby ZIP codes for 7400 Ocean Terrace, Miami Beach, FL

33101, Miami-Dade County, FL 33109, Miami-Dade County, FL 33127, Miami-Dade County, FL 33128, Miami-Dade County, FL 33130, Miami-Dade County, FL 33132, Miami-Dade County, FL 33136, Miami-Dade County, FL 33137, Miami-Dade County, FL 33139, Miami-Dade County, FL 33140, Miami-Dade County, FL 33147, Miami-Dade County, FL 33150, Miami-Dade County, FL 33154, Miami-Dade County, FL 33161, Miami-Dade County, FL 33162, Miami-Dade County, FL 33168, Miami-Dade County, FL 33181, Miami-Dade County, FL

Frequently asked questions

What is the year built for 7400 Ocean Terrace, Miami Beach, FL 33141?

The development at 7400 Ocean Terrace, Miami Beach, FL 33141 was built in 1961.

What is the total square footage of 7400 Ocean Terrace, Miami Beach, FL 33141?

7400 Ocean Terrace, Miami Beach, FL 33141 has a total of 8,618 square feet.

When was 7400 Ocean Terrace, Miami Beach, FL 33141 last sold and what was the sale price?

7400 Ocean Terrace, Miami Beach, FL 33141 was last sold on 02/21/2025 for $10.

What is the assessed value of 7400 Ocean Terrace, Miami Beach, FL 33141?

7400 Ocean Terrace, Miami Beach, FL 33141 is currently assessed at $1,666,340.

What are the property taxes for 7400 Ocean Terrace, Miami Beach, FL 33141?

The property taxes for 7400 Ocean Terrace, Miami Beach, FL 33141 total $80,691.

How many residential units does this building have?

This building has 16 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.