Miami-Dade County  »  33139  »  Ocean Dr  »  960 Ocean Dr

960 Ocean Drive, Miami Beach, FL 33139 - Property report

Also known as: 960 Ocean Dr

Property image for 960 Ocean Drive, Miami Beach, FL 33139
static Mapbox map

Property type

Hotel or Motel: Hotel (3921)

Year built

1935

Acreage

0.298

Sale price

$24,750,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
960 Ocean Drive
ZIP code
33139
County
Miami-Dade
Municipality
02
Neighborhood
023234008
Parcel ID
0232340080010
Qualifier

Owner

Find out who owns 960 Ocean Drive, Miami Beach, FL 33139. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/15/2008
Sale price
$24,750,000
Arm's length
Tax
Tax year
2025
Current property tax
$196,273
Building
Property type
Hotel or Motel: Hotel (3921)
Building sq. ft.
25,423
Buildings on lot
1
Stories
5
Year built
1935
Lot
Total sq. ft.
25,423
Acreage
0.298
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
53 /100.  Good Transit
Bike score
76 /100.  Very Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 960 Ocean Drive, Miami Beach, FL

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

Sales history for 960 Ocean Drive, Miami Beach, FL 33139

Sale date Sale price Buyer name Seller name
05/15/2008 $24,750,000 XXX XXX XX XXX; XXXXX XXX XXXXX XXXXXX XXX; XXXXX XXX XXXXXXXXXX XXXXXXXXXX XXX XXXXXXX, XXXXX X XXX
10/21/2004 $10,250,000 XXXXX XXX XXXXX XXXXXX XXX XXXXX XXXXXX XXX
09/20/1996 $4,050,000 XXXXX XXXXXX XXX XXXXX XXXXXX XXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/15/2008 - R Quit Claim Deed XXXXXXX, XXXXX X XXX XXX XXX XX XXX
10/21/2004 - R Deed XXXXX XXXXXX XXX XXXXX XXX XXXXX XXXXXX XXX
01/17/2002 - R Notice of Commencement XX&X XXXXXXXX XXXX
12/04/1997 - R Lease XXXXXXX XXX XXXXX XXXXXXX XXX XXXX XXXXXXXXXX XXX XXXX
12/04/1997 - R Lease XXXXXXX XXX XXXXX XXXXXXX XXX XXXXX XXXXXX XXX
01/15/1997 - R Lease XXXXXXX XXX XXXXX XXXXXXX XXX XXXXXX XXXXX
09/20/1996 - R Warranty Deed XXXXX XXXXXX XXX XXXXX XXXXXX XXX
02/16/1993 - R Deed XXXXXXX XXXXXX XXX XXXX XXX XXX XXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 960 Ocean Drive, 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
$196,273
Recent tax assessments
Market value
$11,500,000
Land value
$5,850,000
Building value
$5,650,000
Assessed value
$9,894,654

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 $11,500,000 $9,894,654 18.7601 $196,273 +8.47%
2024 $10,800,000 $8,995,140 18.7913 $180,946 +10.75%
2023 $9,500,000 $8,177,400 18.8967 $163,386 +15.94%
2022 $7,500,000 $7,500,000 18.7893 $140,920 +1.37%
2021 $7,200,000 $7,200,000 19.3081 $139,018 -19.32%
2020 $8,900,000 $8,900,000 19.3596 $172,300 -7.09%
2019 $9,570,000 $9,570,000 19.3785 $185,452 +8.38%
2018 $9,100,000 $9,100,000 18.8042 $171,118 +4.49%
2017 $8,600,000 $8,600,000 19.043 $163,770 -1.96%
2016 $8,600,000 $8,363,912 19.4244 $167,050 -1.96%
Permits

Permit information for 960 Ocean Drive, Miami Beach, FL

No recently recorded permits for this property.

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
33,753
Median age
43.6
Average household income
$148,138
Family households
34.4%
People per household (average)
1.68
Occupied housing units
19,822
Owner-occupied units
37.2%
Median year structure built
1970
Median value mortgaged units
$495,300
Median value unmortgaged units
$467,200

Risk

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FEMA flood zones

FEMA flood zones
AE

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 960 Ocean Drive, Miami Beach, FL 33139 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 960 Ocean Drive, Miami Beach, FL

953 Collins Ave, Miami Beach 723 N Lincoln Ln, Miami Beach 741 Lincoln Rd, Miami Beach 900 Ocean Dr, Miami Beach 928 Ocean Dr, Miami Beach 909 Collins Ave, Miami Beach 1027 Collins Ave, Miami Beach 1688 Meridian Ave, Miami Beach 825 Lincoln Rd, Miami Beach 929 Collins Ave, Miami Beach 1664 Meridian Ave, Miami Beach 801 Lincoln Rd, Miami Beach 1685 Jefferson Ave, Miami Beach 1674 Meridian Ave, Miami Beach 1675 Meridian Ave, Miami Beach 1020 Ocean Dr, Miami Beach 1680 Meridian Ave, Miami Beach 940 Ocean Dr, Miami Beach 919 Collins Ave, Miami Beach 1001 Collins Ave, Miami Beach

Nearby ZIP codes for 960 Ocean Drive, Miami Beach, FL

33101, Miami-Dade County, FL 33109, Miami-Dade County, FL 33125, Miami-Dade County, FL 33127, Miami-Dade County, FL 33128, Miami-Dade County, FL 33129, Miami-Dade County, FL 33130, Miami-Dade County, FL 33132, Miami-Dade County, FL 33133, Miami-Dade County, FL 33135, Miami-Dade County, FL 33136, Miami-Dade County, FL 33137, Miami-Dade County, FL 33140, Miami-Dade County, FL 33142, Miami-Dade County, FL 33145, Miami-Dade County, FL 33149, Miami-Dade County, FL 33150, Miami-Dade County, FL

Frequently asked questions

What is the year built for 960 Ocean Drive, Miami Beach, FL 33139?

The development at 960 Ocean Drive, Miami Beach, FL 33139 was built in 1935.

What is the market value of 960 Ocean Drive, Miami Beach, FL 33139?

The current market value of 960 Ocean Drive, Miami Beach, FL 33139 is $11,500,000.

What is the total square footage of 960 Ocean Drive, Miami Beach, FL 33139?

960 Ocean Drive, Miami Beach, FL 33139 has a total of 25,423 square feet.

What is the price per square foot for this property?

$973 per square foot is the price for 960 Ocean Drive, Miami Beach, FL 33139.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 38.

Disclaimer

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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.

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