Miami-Dade County  »  33139  »  Ocean Dr  »  524 Ocean Dr

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

Also known as: 524 Ocean Dr

Property image for 524 Ocean Drive, Miami Beach, FL 33139
static Mapbox map

Property type

Hotel or Motel: Hotel (3921)

Year built

1993

Acreage

0.138

Sale price

$10

General information

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Address
Primary address
524 Ocean Drive
ZIP code
33139
County
Miami-Dade
Municipality
02
Neighborhood
024203002
Parcel ID
0242030020050
Qualifier

Owner

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Sales
Sale date
06/06/2013
Sale price
$10
Arm's length
Tax
Tax year
2025
Current property tax
$125,438
Building
Property type
Hotel or Motel: Hotel (3921)
Building sq. ft.
22,686
Buildings on lot
1
Stories
5
Year built
1993
Lot
Total sq. ft.
22,686
Acreage
0.138
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 524 Ocean Drive, Miami Beach, FL

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

Sales history for 524 Ocean Drive, Miami Beach, FL 33139

Sale date Sale price Buyer name Seller name
06/06/2013 $10 XXXX XXXXXXXXX XXXXXXXXXXX XXX XXXXXXXXX, XXXX
02/01/2012 $47,000 XXXXXXXXX, XXXX XXXX, XXXX
01/28/2004 $5,175,000 XXXX XXXX XXX XXX XXXXXX XXX 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 #
07/09/2025 - D
07/09/2025 - R
Notice of Commencement XXXXX XXXXX
09/25/2013 - R
06/06/2013 - D
Quit Claim Deed XXXXXXXXX, XXXX XXXX XXXXXXXXX XXXXXXXXXXX XXX
02/01/2012 - D
02/01/2012 - R
Quit Claim Deed XXXX, XXXX XXXXXXXXX, XXXX
01/28/2004 - R Warranty Deed XXXXXX XXX XXX XXXX XXXX XXX XXX
03/28/1997 - R Lease XXXXXXX XXXXXXXX XXXX XXX XXXXXX XXX XXX
05/30/1995 - R Mortgage XXXXXX XXX XXX XXXXXXX XXX
04/03/1991 - R Warranty Deed XXXXXXXXXX, XXXX XX XX XXXXXX XXX XXX
05/05/1977 - R Warranty Deed XXXXXXX XXXXX XXX XXXXXXXX, XXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 524 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
$125,438
Recent tax assessments
Market value
$7,380,000
Land value
$3,610,800
Building value
$3,769,200
Assessed value
$6,307,077

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 $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%
2020 $9,000,000 $5,457,100 19.3596 $174,236 +19.88%
2019 $7,500,000 $4,961,000 19.3785 $145,339 +43.13%
2018 $5,400,000 $4,510,000 18.8042 $101,543 -1.25%
2017 $5,400,000 $5,400,000 19.043 $102,832 -0.11%
2016 $5,300,000 $5,170,000 19.4244 $102,949 +6.05%

Permit information for 524 Ocean Drive, 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
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

Access the detailed traffic volume map for 524 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.

Frequently asked questions

What is the year built for 524 Ocean Drive, Miami Beach, FL 33139?

The development at 524 Ocean Drive, Miami Beach, FL 33139 was built in 1993.

What is the market value of 524 Ocean Drive, Miami Beach, FL 33139?

The current market value of 524 Ocean Drive, Miami Beach, FL 33139 is $7,380,000.

What is the total square footage of 524 Ocean Drive, Miami Beach, FL 33139?

524 Ocean Drive, Miami Beach, FL 33139 has a total of 22,686 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 22.

Disclaimer

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