7950 ABBOTT AVE 7, Miami Beach, FL 33141

Parcel: 0232021540110 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$157,085

Property Details

Beds
1
Baths
2
Living Sqft
601
Year Built
1950
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$277,199
2007-04-01
2
$255,420-8%
2009-05-05
LUCINDA RIDENOURWILSHIRE HOLDING GRP INC
3
$125,100-51%
2015-06-10
WILSHIRE HOLDING GRP INCPRESENT LIGHT HOLDINGS LLC

Tax Assessment History

$157,085
Assessed (2025)
$175,055
Market Value
$157,085
Taxable Value
$3,198
Annual Tax
2024
$142,805
$169,956
2025
$157,085
$175,055
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $157,085 $175,055 $157,085 $3,198
2024 $142,805 $169,956 $142,805 $2,907

About 7950 ABBOTT AVE 7, Miami Beach, FL 33141

7950 ABBOTT AVE 7, Miami Beach, FL 33141 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1950 with 601 square feet of living space. The property is currently owned by PRESENT LIGHT HOLDINGS 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 2015-06-10 for $125,100, when WILSHIRE HOLDING GRP INC sold to PRESENT LIGHT HOLDINGS LLC. The property sold for $130,320 less than the prior sale of $255,420 on 2009-05-05. There are 3 recorded sales for this property.

The 2025 assessed value is $157,085 with a market value of $175,055. The assessed value increased 10% from $142,805 in 2024. The median household income in this area is $48,205, and the median home value is $277,400.

The population density is 35,924 people per square mile. 7950 ABBOTT AVE 7, Miami Beach, FL 33141 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2007 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 126% 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 $208 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

PRESENT LIGHT HOLDINGS LLC
134 S DIXIE HWY STE 210, HALLANDALE BCH, FL, 33009-5423
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$2,285 — $4,255
Flood $400 — $800
Property/Wind $1,885 — $3,455

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$48,205
Median Home Value$277,400
Pop. Density35,924/sq mi

Neighborhood 33141

26.1%
Owner-Occ
73.9%
Investor
443
Flips (4yr)
7,449
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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