7950 ABBOTT AVE 16, Miami Beach, FL 33141

Parcel: 0232021540160 · 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
$283,259
2007-03-01
2
$130,000-54%
2009-08-28
TRACY SORINBEACH PROP 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 16, Miami Beach, FL 33141

7950 ABBOTT AVE 16, 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 BEACH PROP 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 2009-08-28 for $130,000, when TRACY SORIN sold to BEACH PROP LLC. The property sold for $153,259 less than the prior sale of $283,259 on 2007-03-01. 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 16, 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 2009, with 2 recorded transactions in the public record.

The current assessed value represents 121% 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 $216 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BEACH PROP LLC
6538 COLLINS AVE # 286, MIAMI BEACH, FL, 33141
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 →
Zoom in to see property sales