Miami-Dade County  »  33139  »  Ocean Dr  »  620 Ocean Dr

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

Also known as: 620 Ocean Dr

Property image for 620 Ocean Drive, Miami Beach, FL 33139
static Mapbox map

Property type

Hotel or Motel: Hotel (3921)

Year built

2020

Acreage

0.149

Sale price

$27,151,250

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
620 Ocean Drive
ZIP code
33139
County
Miami-Dade
Municipality
02
Neighborhood
024203004
Parcel ID
0242030040050
Qualifier

Owner

Find out who owns 620 Ocean Drive, Miami Beach, FL 33139. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/05/2021
Sale price
$27,151,250
Arm's length
Tax
Tax year
2025
Current property tax
$117,248
Building
Property type
Hotel or Motel: Hotel (3921)
Building sq. ft.
15,078
Buildings on lot
1
Year built
2020
Lot
Total sq. ft.
15,078
Acreage
0.149
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 information for 620 Ocean Drive, Miami Beach, FL

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

Sales history for 620 Ocean Drive, Miami Beach, FL 33139

Sale date Sale price Buyer name Seller name
08/05/2021 $27,151,250 XXX XXX XXXXX XXXXXXXXXX XX XXX XXXX XXXXXXX XXXXXXXX XXX
07/12/2013 $5,270,000 XXX XX XXXXXXX XXXXXXXX XXX XXX XXXXXXXX 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 #
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
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 XXX XXXX XXXXXXX XXXXXXXX XXX XXX XXX XXXXX XXXXXXXXXX XX
01/07/2020 - D
01/07/2020 - R
Assignment of Leases and Rents XXX XXXX XXXXXXX XXXXXXXX XXX XXXXXXXX XXXX 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
Release XXX XXXXXX XXX XXXX XXXXXXX XXXXXXXX XXX
12/12/2017 - R
12/08/2017 - D
Partial Release XXXXXXX XXXXXXXX XXXXXXXXXXXX XXX XXX XXXX XXXXXXX XXXXXXXX XXX
07/12/2013 - D
07/12/2013 - R
Deed XXX XXXXXXXX XXX XXX XX XXXXXXX XXXXXXXX XXX
11/17/1978 - R Warranty Deed XXXXXX, XXXX XXXXX XXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 620 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
$117,248
Recent tax assessments
Market value
$6,400,000
Land value
$3,900,000
Building value
$2,500,000
Assessed value
$6,167,747

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 $6,400,000 $6,167,747 18.7601 $117,248 +7.29%
2024 $6,200,000 $5,607,043 18.7913 $109,278 +8.94%
2023 $5,308,602 $5,308,602 18.8967 $100,315 +0.57%
2022 $5,308,885 $5,308,885 18.7893 $99,750 +0.13%
2021 $5,159,296 $5,159,296 19.3081 $99,616 +31.94%
2020 $3,900,000 $3,900,000 19.3596 $75,502 -0.10%
2019 $3,900,000 $3,900,000 19.3785 $75,576 +3.05%
2018 $3,900,000 $3,900,000 18.8042 $73,336 -1.25%
2017 $3,900,000 $3,900,000 19.043 $74,268 -1.96%
2016 $3,900,000 $3,900,000 19.4244 $75,755 -1.96%

Permit information for 620 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 620 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 620 Ocean Drive, Miami Beach, FL 33139?

The development at 620 Ocean Drive, Miami Beach, FL 33139 was built in 2020.

What is the market value of 620 Ocean Drive, Miami Beach, FL 33139?

The current market value of 620 Ocean Drive, Miami Beach, FL 33139 is $6,400,000.

What is the total square footage of 620 Ocean Drive, Miami Beach, FL 33139?

620 Ocean Drive, Miami Beach, FL 33139 has a total of 15,078 square feet.

What is the price per square foot for this property?

$1,800 per square foot is the price for 620 Ocean Drive, Miami Beach, FL 33139.

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