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524 Ocean Drive, Miami Beach, FL 33139 Property Information

524 Ocean Drive, Miami Beach, FL 33139 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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524 Ocean Drive, Miami Beach, FL 33139
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Address

Primary address 524 Ocean Drive, Miami Beach
Zip code 33139
County Miami-Dade
Municipality Miami Beach
Neighborhood Ocean Beach
Parcel ID 0242030020050

Sales & Tax Overview for 524 Ocean Drive, Miami Beach

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/06/2013
Sale price $10
Arm's length
Property tax $125,438

Lot & Building Information for 524 Ocean Drive, Miami Beach

Building sqft 22,686
Building class Hotel or Motel: Hotel (3921)
Acreage 0.138
Year built 1993
Stories 5
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

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Other Property Data for 524 Ocean Drive, Miami Beach

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About 524 Ocean Drive, Miami Beach

How many square feet does 524 Ocean Drive, Miami Beach, FL 33139 have?

This Hotel or Motel: Hotel (3921) located at 524 Ocean Drive, Miami Beach, FL 33139 has a total of 22,686 square feet.

What is the year built & the current market value of 524 Ocean Drive, Miami Beach, FL 33139?

524 Ocean Drive, Miami Beach, FL 33139 was built in 1993 and has a current tax assessor's market value of $7,380,000.

How many commercial spaces does this building have?

This building has 22 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 524 Ocean Drive, Miami Beach

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Purchase date Purchase price Buyer name Seller name
06/06/2013 $10
02/01/2012 $47,000
01/28/2004 $5,175,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 524 Ocean Drive, Miami Beach

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
07/09/2025 - D
07/09/2025 - R
Notice of Commencement
06/06/2013 - D
09/25/2013 - R
Quit Claim Deed
02/01/2012 - D
02/01/2012 - R
Quit Claim Deed
01/28/2004 - R Warranty Deed
03/28/1997 - R Lease
05/30/1995 - R Mortgage
04/03/1991 - R Warranty Deed
05/05/1977 - R Warranty Deed
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R: Recorded date
D: Document date

Property Taxes for 524 Ocean Drive, Miami Beach

Access detailed property tax data for 524 Ocean Drive, Miami Beach, FL 33139. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $125,438
Market value $7,380,000
Assessed value $6,307,077

Assessment History for 524 Ocean Drive, Miami Beach

Here's the assessment & property tax history for 524 Ocean Drive, 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 $7,380,000 $6,307,077 18.7601 $125,438 -12.97%
2024 $7,670,000 $7,670,000 18.7913 $144,129 +0.07%
2023 $8,275,000 $7,263,400 18.8967 $144,031 +7.54%
2022 $8,100,000 $6,603,091 18.7893 $133,931 +4.80%
2021 $7,700,000 $6,002,810 19.3081 $127,798 -26.65%

Miami Beach residential market stats

Median Sale Price
$513,500
-4% YoY
Median Price/Sqft
$566
-3.2% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

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 County.

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%
Occupied housing units 19,822
Owner occupied units 37.2%
Average number of people per household 1.68
Median year structure built 1970
Median value for units with a mortgage $495,300
Median value for units without a mortgage $467,200

Risk

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FEMA flood zone(s) AE (See more on map)

Transportation

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Neighbors for 524 Ocean Drive, Miami Beach

Here are the neighbors for 524 Ocean Drive, Miami Beach.

Address Square feet Purchase date Purchase price
509 Collins Ave, Miami Beach 24,096 10/24/2022 $35,250,000
900 Alton Rd, Miami Beach 5,053 01/26/2010 $48,800
555 Washington Ave, Miami Beach 141,807 03/31/2022 $52,256,743
36 Ocean Dr, Miami Beach 3,463 12/17/2013 $4,950,000
140 Ocean Dr, Miami Beach 9,910 09/08/2004 $5,000,000
100 Ocean Dr, Miami Beach 10,951 12/07/2007 $4,000,000
150 Ocean Dr, Miami Beach 8,826 09/08/2004 $5,000,000
112 Ocean Dr, Miami Beach 9,054 03/24/1997 $675,000
960 Alton Rd, Miami Beach 24,294 04/19/1996 $1,600,000
844 Alton Rd, Miami Beach 5,610 10/08/2025 $4,800,000
1220 9th St, Miami Beach 3,108 07/05/2002 $1,100,000
49 Collins Ave, Miami Beach 30,108 02/11/2019 $15,000,000
535 Ocean Dr, Miami Beach
824 Alton Rd, Miami Beach 09/08/2025 $5,000,000
930 Alton Rd, Miami Beach 4,900 07/22/2010 $1,420,850
533 Collins Ave, Miami Beach 115,231
500 Collins Ave, Miami Beach 123,897 04/01/2003 $8,380,000
852 Alton Rd, Miami Beach 1,263 05/31/2006 $200,000
920 Alton Rd, Miami Beach 6,307 10/02/1995 $545,000
810 Alton Rd, Miami Beach 9,732 02/22/2013 $4,656,000

Nearby ZIP Codes for 524 Ocean Drive, Miami Beach

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