850 N MIAMI AVE W-1507, Miami, FL 33136

Parcel: 0131360892880 · Residential · Condominium - Residential · Zoning: 6412

Assessed Value (2025)
$194,708

Property Details

Beds
1
Baths
1
Living Sqft
575
Year Built
1989
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$198,900
2006-11-01
2
$21,000-89%
2012-01-25
MIGUEL E SHILINGBANK OF AMERICA NATIONAL ASSOC
3
$130,900+523%
2014-09-30
BANK OF AMERICA NATIONAL ASSOCMARTIN HOFMANN

Tax Assessment History

$194,708
Assessed (2025)
$194,708
Market Value
$194,708
Taxable Value
$3,964
Annual Tax
2024
$183,504
$234,588
2025
$194,708
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $194,708 $194,708 $194,708 $3,964
2024 $183,504 $234,588 $183,504 $3,736

About 850 N MIAMI AVE W-1507, Miami, FL 33136

850 N MIAMI AVE W-1507, Miami, FL 33136 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1989 with 575 square feet of living space. The property is currently owned by MARTIN HOFMANN DANIELLE G FERREIRA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2014-09-30 for $130,900, when BANK OF AMERICA NATIONAL ASSOC sold to MARTIN HOFMANN. The property has appreciated $109,900 (523%) since the prior sale of $21,000 on 2012-01-25. There are 3 recorded sales for this property.

The 2025 assessed value is $194,708 with a market value of $194,708. The assessed value increased 6% from $183,504 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.

There are active mortgage liens totaling $182,718 recorded against this property. 850 N MIAMI AVE W-1507, 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 2006 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 149% 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 $228 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MARTIN HOFMANN DANIELLE G FERREIRA
1605 BALSAM WAY, ROUND ROCK, TX, 78665
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,347 — $4,304
Flood $400 — $800
Property/Wind $1,947 — $3,504

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$67,130
Median Home Value$367,000
Pop. Density45,445/sq mi

Neighborhood 33136

17.9%
Owner-Occ
82.1%
Investor
24
Flips (4yr)
2,726
New Biz (3yr)
Distress Risk
HIGH
74
View full risk analysis →

Mortgages

ACTIVE
$194,750
~$182,718 bal.
PRIMARY RESIDENTIAL MORTGAGE INC · 2021-03-18
Est. Total Balance $182,718
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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