850 N MIAMI AVE W-506, Miami, FL 33136

850 N MIAMI AVE W-506, Miami, FL 33136 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1989 with 903 square feet of living space. The property is currently owned by PURMAMARCA LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2015-01-12 for $112,500, when ALBERTO J SPINDLER sold to PURMAMARCA LLC. The property sold for $17,400 less than the prior sale of $129,900 on 2009-04-27. The 2025 assessed value is $237,367 with a market value of $237,367.

The assessed value decreased 0% from $238,370 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $67,130, and the median home value is $367,000. The population density is 45,445 people per square mile. 850 N MIAMI AVE W-506, Miami, FL 33136 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2009 to 2015, with 2 recorded transactions in the public record. The current assessed value represents 211% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $125 per square foot — a key metric for comparing value across Miami's real estate market..