5225 LA GORCE DR, Miami Beach, FL 33140

Parcel: 0232140031210 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$3,204,812

Property Details

Beds
3
Baths
2
Living Sqft
2,685
Year Built
1947
Lot Sqft
7,700
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$795,400
2017-07-13
ANDREW S MCLACHLAN &W DONA M MICHAEL GARLITZ
2
$4,050,000+409%
2023-03-28
MICHAEL GARLITZTODD E MAGAZINE TRS
3
$4,050,000
2023-04-06
4
$4,150,000+2%
2024-10-23
TODD E MAGAZINE TRSTAL BANAY
5
$4,150,000
2024-11-06

Tax Assessment History

$3,204,812
Assessed (2025)
$3,204,812
Market Value
$3,204,812
Taxable Value
$65,247
Annual Tax
2024
$3,219,340
2025
$3,204,812
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,204,812 $3,204,812 $3,204,812 $65,247
2024 $3,219,340 $3,219,340 $3,219,340 $65,543

About 5225 LA GORCE DR, Miami Beach, FL 33140

5225 LA GORCE DR, Miami Beach, FL 33140 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1947 with 2,685 square feet of living space on a 7,700 square foot lot. The property is currently owned by TAL BANAY, 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 2024-11-06 for $4,150,000. There are 5 recorded sales for this property. The 2025 assessed value is $3,204,812 with a market value of $3,204,812.

This breaks down to $1,925,000 for the land and $1,279,812 for the building. The assessed value decreased 0% from $3,219,340 in 2024. The median household income in this area is $191,786, and the median home value is $2,000,001.

The population density is 2,726 people per square mile. There are active mortgage liens totaling $2,442,942 recorded against this property. 5225 LA GORCE DR, Miami Beach, FL 33140 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 2017 to 2024, with 5 recorded transactions in the public record. The current assessed value represents 77% of the most recent sale price.

Based on the most recent sale, this property traded at $1546 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

TAL BANAY
1421 DIVIDEND LOOP, MYRTLE BEACH, SC, 29577
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$38,857 — $71,305
Flood $400 — $800
Property/Wind $38,457 — $70,505

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$191,786
Median Home Value$2,000,001
Pop. Density2,726/sq mi

Neighborhood 33140

27%
Owner-Occ
73%
Investor
2,819
Flips (4yr)
4,853
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE 6.25% rate
$2,490,000
~$2,442,942 bal.
FIRST NATIONAL BANK OF PENNSYLVANIA · 2024-11-06
2 satisfied mortgages
SATISFIED 2023-04-06
$2,835,000
GOLDMAN SACHS BANK USA
SATISFIED 2021-12-07
$800,000
SWBC MORTGAGE CORP
Est. Total Balance $2,442,942
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales