Miami-Dade County  »  33139  »  Ocean Dr  »  626 Ocean Dr

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

Also known as: 626 Ocean Dr

Property image for 626 Ocean Drive, Miami Beach, FL 33139
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Property type

Hotel or Motel: Hotel (3921)

Year built

1937

Acreage

0.597

Sale price

$81,453,750

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
626 Ocean Drive
ZIP code
33139
County
Miami-Dade
Municipality
02
Neighborhood
024203004
Parcel ID
0242030040040
Qualifier

Owner

Find out who owns 626 Ocean Drive, Miami Beach, FL 33139. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/05/2021
Sale price
$81,453,750
Arm's length
Tax
Tax year
2025
Current property tax
$563,897
Building
Property type
Hotel or Motel: Hotel (3921)
Building sq. ft.
37,918
Buildings on lot
3
Stories
7
Year built
1937
Lot
Total sq. ft.
62,871
Acreage
0.597
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 626 Ocean Drive, Miami Beach, FL

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

Sales history for 626 Ocean Drive, Miami Beach, FL 33139

Sale date Sale price Buyer name Seller name
08/05/2021 $81,453,750 XXX XXX XXXXXXXXXX XX XXXX XXXXXXX XXXXXXXX XXX

*Most recent sale on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/27/2026 - R
01/23/2026 - D		 Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing XXXX XXXXXXX XXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
09/05/2023 - R
08/25/2023 - D		 Satisfaction of Mortgage XXXXXXXX XXX XXX XXX XXXXXXXXXX XX
08/05/2021 - D
08/05/2021 - R		 Mortgage XXXXXXXX XXXX XX XXX XXX XXXXX XXXXXXXXXX XX
08/05/2021 - D
08/05/2021 - R		 Deed XXXX XXXXXXX XXXXXXXX XXX XXX XXX XXXXXXXXXX XX
01/07/2020 - D
01/07/2020 - R		 Mortgage XXXXXXXX XXXX XX XXX XXXX XXXXXXX XXXXXXXX XXX
01/07/2020 - D
01/07/2020 - R		 Notice of Termination XXX XXXX XXXXXXX XXXXXXXX XXX XXXX XXXXXXXXXXXX XXXXXXXXXX XXX
01/02/2018 - R
12/29/2017 - D		 Release XXXXX XXXXXXXX XXXXXX XXX XXXX XXXXXXX XXXXXXXX XXX
12/22/2017 - R
12/19/2017 - D		 Satisfaction of Mortgage XXXXX XXXXXXXX XXXXXX XXX XXXX XXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 626 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
$563,897
Recent tax assessments
Market value
$30,770,000
Land value
$15,600,000
Building value
$15,170,000
Assessed value
$29,669,060

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 $30,770,000 $29,669,060 18.7601 $563,897 +6.37%
2024 $30,500,000 $26,971,873 18.7913 $530,129 +7.51%
2023 $26,093,982 $26,093,982 18.8967 $493,090 +67.40%
2022 $15,677,348 $15,677,348 18.7893 $294,566 -2.64%
2021 $15,669,389 $15,669,389 19.3081 $302,546 -0.27%
2020 $15,670,433 $15,670,433 19.3596 $303,373 -0.08%
2019 $15,668,337 $15,668,337 19.3785 $303,629 +3.05%
2018 $15,669,335 $14,561,182 18.8042 $294,649 +164.41%
2017 $5,851,815 $5,851,815 19.043 $111,436 -1.96%
2016 $5,851,729 $5,851,729 19.4244 $113,666 -1.95%
Permits

Permit information for 626 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

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
AE

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 626 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 626 Ocean Drive, Miami Beach, FL

615 Collins Ave, Miami Beach 750 Ocean Dr, Miami Beach 601 Collins Ave, Miami Beach 653 Collins Ave, Miami Beach 660 Ocean Dr, Miami Beach 217 Biscayne St, Miami Beach 34 Collins Ave, Miami Beach 42 Collins Ave, Miami Beach 600 Ocean Dr, Miami Beach 760 Ocean Dr, Miami Beach 230 1st St, Miami Beach 224 2nd St, Miami Beach 119 Washington Ave, Miami Beach 139 Washington Ave, Miami Beach 620 Ocean Dr, Miami Beach 645 Collins Ave, Miami Beach 11 Washington Ave, Miami Beach 28 Collins Ave, Miami Beach 673 Collins Ave, Miami Beach 635 Collins Ave, Miami Beach

Nearby ZIP codes for 626 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 626 Ocean Drive, Miami Beach, FL 33139?

The development at 626 Ocean Drive, Miami Beach, FL 33139 was built in 1937.

What is the market value of 626 Ocean Drive, Miami Beach, FL 33139?

The current market value of 626 Ocean Drive, Miami Beach, FL 33139 is $30,770,000.

What is the total square footage of 626 Ocean Drive, Miami Beach, FL 33139?

626 Ocean Drive, Miami Beach, FL 33139 has a total of 37,918 square feet.

What is the price per square foot for this property?

$2,148 per square foot is the price for 626 Ocean Drive, Miami Beach, FL 33139.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 140.

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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