1250 S MIAMI AVE 2506, Miami, FL 33130
Parcel: 0141390881610 · Residential · Condominium - Residential · Zoning: 6408
Assessed Value (2025)
$494,998
Property Details
Beds
3
Baths
2
Living Sqft
1,551
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$505,000
2015-10-27
HOCKNEY INTERNATIONAL LLC → KUNAL P PATEL
2
$530,000+5%
2018-10-10
KUNAL P PATEL → JULIO A DURAN
3
$635,000+20%
2024-07-01
JULIO A DURAN → MERALC COMPANY LLLP
4
$635,000
2024-07-05
Tax Assessment History
$494,998
Assessed (2025)
$494,998
Market Value
$494,998
Taxable Value
$10,078
Annual Tax
2024
$494,010
2025
$494,998
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $494,998 | $494,998 | $494,998 | $10,078 | $0 | $0 |
| 2024 | $494,010 | $494,010 | $494,010 | $10,058 | $0 | $0 |
About 1250 S MIAMI AVE 2506, Miami, FL 33130
1250 S MIAMI AVE 2506, Miami, FL 33130 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 2004 with 1,551 square feet of living space. The property is currently owned by MERALC COMPANY LLLP, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2024-07-05 for $635,000. There are 4 recorded sales for this property. The 2025 assessed value is $494,998 with a market value of $494,998.
The assessed value increased 0% from $494,010 in 2024. The median household income in this area is $139,583, and the median home value is $485,400. The population density is 115,455 people per square mile.
There are active mortgage liens totaling $309,065 recorded against this property. 1250 S MIAMI AVE 2506, Miami, FL 33130 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 2015 to 2024, with 4 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 $409 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
MERALC COMPANY LLLP
1250 S MIAMI AVE 2506, MIAMI, FL, 33130
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$3,369 — $5,749
Flood $400 — $800
Property/Wind $2,969 — $4,949
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$139,583
Median Home Value$485,400
Pop. Density115,455/sq mi
Neighborhood 33130
20.5%
Owner-Occ
79.5%
Investor
254
Flips (4yr)
13,005
New Biz (3yr)
Distress Risk
ELEVATED
58
Mortgages
ACTIVE
$335,000
OSWALDO REY ET AL · 2024-07-05
Est. Total Balance $309,065
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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