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720 Ocean Dr, Miami Beach, FL 33139 Property Records

Miami-Dade County property record for 720 Ocean Dr, Miami Beach, FL 33139

Property Summary

Property TypeHotel
Details80 bd · 80 ba · 33,632 sqft · built 1937
Lot Size0.224 acres (9,750 sqft)
OwnerCompany Name on Record
Last Sale$23,500,000 (Jul 2023)
Tax Bill$316,482 (2025)
Deeds & MortgagesJul 2023 Sale
Flood ZoneZone AE (high risk)
APN02-4203-004-0180

Property Details

APN / Parcel Number

Primary APN02-4203-004-0180

Interior

Bedrooms80 Beds
Full Baths80 Baths
Units150 Units
Stories5 Stories
Building Area33,632 sqft Gross Area
Fire SprinklersFire Sprinklers
ElevatorElevator

Exterior

Year BuiltBuilt 1937
Effective Year BuiltEffective 1982
Exterior MaterialConcrete Block
Construction TypeConcrete Block
Lot Area9,750 sqft (0.224 acres)
Lot Dimensions130 ft deep x 75 ft wide

Utilities, Heating & Cooling

Cooling SystemA/C Chilled Water

Location & Zoning

Street Address720 OCEAN DR
CityMIAMI BEACH
StateFL
Zip33139-6220
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel
Local Zoning Code6501
Legal DescriptionOCEAN BEACH ADDN NO 1 PB 3-11 LOT 6 & N1/2 LOT 7 BLK 12 LOT SIZE 75.000 X 130 OR 17658-4957 0597 1
Legal Range42E
Legal Township54S
Legal Section03
Legal SubdivisionOCEAN BEACH ADDN NO 1
Legal Block12
Legal Lot Number6,7
JurisdictionDADE FL
Township / Civil DivisionMIAMI BEACH
Census Block Group3
Census Block3003
Census Tract4404

Owner

Source: Miami-Dade County records, as of April 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1400 BROADWAY, 15, NEW YORK, NY 10018-5300
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 7, 2023 · Amount on Record
Deed SaleJul 7, 2023 · Amount on Record
Prior SaleOct 18, 2016 · Amount on Record
Deed Document Number2023467444
Deed Book / Page33783 / 2594
Record UpdatedJun 8, 2026

July 2023: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionDADE FL
Recording DateJul 7, 2023
Property Address720 OCEAN DR, MIAMI BEACH, FL 33139-6220
Document Number0000467444
Book / Page33783 / 2594
Map ReferenceMB 3 PG 11
Instrument DateJun 30, 2023
Instrument2023R0467444
Transaction TypeTransfer
Record UpdatedAug 1, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyEstimated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address720 OCEAN DR, MIAMI BEACH, FL 33139-6220

Transferred To (Grantee/Buyer)

NameVerified Name
Address1400 BROADWAY # 15TH, NEW YORK, NY 10018-5300

Tax Assessment & Valuation

Source: Miami-Dade County assessment roll, as of July 21, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyMiami-Dade County
MunicipalityMiami Beach City
Unified School DistrictDade County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$316,482.00 (-0.52%)$16,870,000 (-0.18%) Land $5,850,000 Building $11,020,000$16,870,000 (-0.18%) Land $5,850,000 Building $11,020,000
2024$318,136.00 (+17.75%)
2023$270,170.00 (+22.92%)$16,900,000 (+36.29%) Land $5,850,000 Building $11,050,000$16,900,000 (+36.29%) Land $5,850,000 Building $11,050,000
2022$219,797.00$12,400,000 Land $5,850,000 Building $6,550,000$12,400,000 Land $5,850,000 Building $6,550,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective January 25, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation8.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on Record
median of 55 individual policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies757 units insured
incl. 702 condo units
Nearby Flood Claims13 (1992–2023)
Most Recent ClaimNov 2023 · rainfall accumulation
Claims by Event
  • Hurricane Irma, Sep 2017 · 2 claims
  • Hurricane Irene, Oct 1999 · 2 claims
  • Hurricane Andrew, Aug 1992 · 5 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MIAMI BEACH
serves 100,000 people · EPA ID FL4130901
Water SourcePurchased groundwater from MDWASA - MAIN SYSTEM
Last State InspectionDec 2022
Lead7 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Listed by EPA as a serious violator for missed monitoring and reporting.

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting15
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 470 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Fiber · Cable in parts of the area		2,000 / 2,000
Verizon
Fixed Wireless		1,000 / 75
Breezeline
Cable		1,000 / 50
T-Mobile
Fixed Wireless		100 / 20

May also be available: AT&T, Google Fiber, Hotwire Communications.

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