Miami-Dade County  »  33139  »  Ocean Dr  »  740 Ocean Dr

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

Also known as: 740 Ocean Dr

Property image for 740 Ocean Drive, Miami Beach, FL 33139
static Mapbox map

Property type

Hotel or Motel: Hotel (3921)

Year built

1950

Acreage

0.149

Sale price

$6,800,000

General information

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Address
Primary address
740 Ocean Drive
ZIP code
33139
County
Miami-Dade
Municipality
02
Neighborhood
024203004
Parcel ID
0242030040150
Qualifier

Owner

Find out who owns 740 Ocean Drive, Miami Beach, FL 33139. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/19/2011
Sale price
$6,800,000
Arm's length
Tax
Tax year
2025
Current property tax
$144,453
Building
Property type
Hotel or Motel: Hotel (3921)
Building sq. ft.
15,382
Buildings on lot
1
Stories
3
Year built
1950
Lot
Total sq. ft.
15,382
Acreage
0.149
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 740 Ocean Drive, Miami Beach, FL

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

Sales history for 740 Ocean Drive, Miami Beach, FL 33139

Sale date Sale price Buyer name Seller name
08/19/2011 $6,800,000 XXXX XXX XXX XXX XXXX XXXXXX 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 #
06/20/2017 - R
06/16/2017 - D		 Notice of Commencement XXXXXX XXXXXXX
08/19/2011 - D
08/19/2011 - R		 Deed XXX XXX XXXX XXXXXX XXX XXXX XXX
03/22/2010 - D
03/22/2010 - R		 Certificate of Title XXXXX XX XXXXXXX XX XXX XXX XXXX XXXXX XXX
07/11/2005 - R Warranty Deed XXX XXX XX XXXX XXXXX XXX XXXXXXX XXX
12/05/1988 - R Warranty Deed XXXXXX XXX XXX XXX XXX XXXX
10/04/1977 - R Warranty Deed XXXXXX XXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 740 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
$144,453
Recent tax assessments
Market value
$7,700,000
Land value
$3,900,000
Building value
$3,800,000
Assessed value
$7,700,000

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 $7,700,000 $7,700,000 18.7601 $144,453 +1.15%
2024 $7,600,000 $7,600,000 18.7913 $142,814 +1.47%
2023 $7,700,000 $7,309,500 18.8967 $140,741 +12.72%
2022 $6,645,000 $6,645,000 18.7893 $124,855 -2.02%
2021 $6,600,000 $6,600,000 19.3081 $127,433 -5.97%
2020 $7,000,000 $7,000,000 19.3596 $135,517 +1.35%
2019 $6,900,000 $6,900,000 19.3785 $133,712 +3.05%
2018 $6,900,000 $6,655,000 18.8042 $129,749 +4.82%
2017 $6,500,000 $6,050,000 19.043 $123,780 -1.96%
2016 $6,500,000 $5,500,000 19.4244 $126,259 +27.45%
Permits

Permit information for 740 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 740 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 740 Ocean Drive, Miami Beach, FL

750 Ocean Dr, Miami Beach 615 Collins Ave, Miami Beach 653 Collins Ave, Miami Beach 601 Collins Ave, Miami Beach 721 Collins Ave, Miami Beach 760 Ocean Dr, Miami Beach 600 Ocean Dr, Miami Beach 728 Ocean Dr, Miami Beach 720 Ocean Dr, Miami Beach 745 Collins Ave, Miami Beach 645 Collins Ave, Miami Beach 620 Ocean Dr, Miami Beach 736 Ocean Dr, Miami Beach 700 Ocean Dr, Miami Beach 727 Collins Ave, Miami Beach 860 Ocean Dr, Miami Beach 673 Collins Ave, Miami Beach 735 Collins Ave, Miami Beach 126 8th St, Miami Beach 635 Collins Ave, Miami Beach

Nearby ZIP codes for 740 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 740 Ocean Drive, Miami Beach, FL 33139?

The development at 740 Ocean Drive, Miami Beach, FL 33139 was built in 1950.

What is the market value of 740 Ocean Drive, Miami Beach, FL 33139?

The current market value of 740 Ocean Drive, Miami Beach, FL 33139 is $7,700,000.

What is the total square footage of 740 Ocean Drive, Miami Beach, FL 33139?

740 Ocean Drive, Miami Beach, FL 33139 has a total of 15,382 square feet.

What is the price per square foot for this property?

$442 per square foot is the price for 740 Ocean Drive, Miami Beach, FL 33139.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 40.

Disclaimer

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