1600 SW 1 AVE 703, Miami, FL 33129

Parcel: 0141381540250 · Residential · Condominium - Residential · Zoning: 4600

Assessed Value (2025)
$304,368

Property Details

Beds
1
Baths
1
Living Sqft
659
Year Built
2016
Lot Sqft
1
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$250,000
2020-07-15
VGM ENTERPRISE GROUP LLCAMARILLO BRICK 01 LLC
2
$13,000-95%
2025-02-12
ROSIE CORDERO-STUTZ,EQUITY PARTNERS 114 LLC
3
$13,000
2025-02-19
4
$389,000+2892%
2026-01-06
EQUITY PARTNERS 114 LLCSTEVEN HAMERSMITH
5
$389,000
2026-01-12

Tax Assessment History

$304,368
Assessed (2025)
$353,279
Market Value
$304,368
Taxable Value
$6,197
Annual Tax
2024
$276,699
$364,205
2025
$304,368
$353,279
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $304,368 $353,279 $304,368 $6,197
2024 $276,699 $364,205 $276,699 $5,633

About 1600 SW 1 AVE 703, Miami, FL 33129

1600 SW 1 AVE 703, Miami, FL 33129 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2016 with 659 square feet of living space on a 1 square foot lot. The property is currently owned by STEVEN HAMERSMITH SOFIE HAMERSMITH, 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 2026-01-12 for $389,000. There are 5 recorded sales for this property. The 2025 assessed value is $304,368 with a market value of $353,279.

The assessed value increased 10% from $276,699 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 $98,652, and the median home value is $475,900. The population density is 7,260 people per square mile. There are active mortgage liens totaling $225,000 recorded against this property.

1600 SW 1 AVE 703, Miami, FL 33129 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 2020 to 2026, with 5 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $590 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

STEVEN HAMERSMITH SOFIE HAMERSMITH
3330 NW 125 ST, MIAMI, FL, 33167
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,226 — $3,843
Flood $400 — $800
Property/Wind $1,826 — $3,043

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$98,652
Median Home Value$475,900
Pop. Density7,260/sq mi

Neighborhood 33129

35.4%
Owner-Occ
64.6%
Investor
120
Flips (4yr)
3,107
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$225,000
GELT FINANCIAL · 2021-12-16
1 satisfied mortgage
SATISFIED 2020-07-22
$187,500
CENTER STREET VIII SPE LLC
Est. Total Balance $225,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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