Miami Beach, FL 33140

Miami Beach, FL 33140 is a property. The property is currently owned by MAG NBR LLC C/O HOWARD D KOMISAR ESQ, 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 2021-04-05 for $32,150,000, when VLADIMIR KRASAVTSEV sold to MAG NBR LLC. The property has appreciated $32,149,900 (32149900%) since the prior sale of $100 on 2021-01-07. There are 3 recorded sales for this property.

The 2025 assessed value is $15,587,650 with a market value of $15,587,650. This breaks down to $15,584,556 for the land and $3,094 for the building. The assessed value increased 5% from $14,889,592 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $153,229, and the median home value is $1,162,800.

The population density is 4,659 people per square mile. The complete ownership history of this property spans from 2011 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 48% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..