980 W 48 ST, Miami Beach, FL 33140

Parcel: 0232220140740 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,956,525

Property Details

Beds
2
Baths
2
Living Sqft
5,143
Year Built
2013
Lot Sqft
13,787
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1993-09-01
2
$500,000
2011-12-15
SYLVIA FOX (EST OF)980 INV 8 LLC
3
$775,000+55%
2012-07-03
980 INV 8 LLCNORMAN GINSPARG TRS
4
$3,262,500+321%
2026-06-10
NORMAN GINSPARG TRSALEJANDRO DIAZ BAZAN

Tax Assessment History

$2,956,525
Assessed (2025)
$3,418,995
Market Value
$2,956,525
Taxable Value
$60,192
Annual Tax
2024
$2,662,767
$3,474,775
2025
$2,956,525
$3,418,995
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,956,525 $3,418,995 $2,956,525 $60,192
2024 $2,662,767 $3,474,775 $2,662,767 $54,212

About 980 W 48 ST, Miami Beach, FL 33140

980 W 48 ST, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 2013 with 5,143 square feet of living space on a 13,787 square foot lot. The property is currently owned by ALEJANDRO DIAZ BAZAN, recorded as of 2026-07-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-06-10 for $3,262,500, when NORMAN GINSPARG TRS sold to ALEJANDRO DIAZ BAZAN. The property has appreciated $2,487,500 (321%) since the prior sale of $775,000 on 2012-07-03. There are 4 recorded sales for this property.

The 2025 assessed value is $2,956,525 with a market value of $3,418,995. This breaks down to $2,136,985 for the land and $1,282,010 for the building. The assessed value increased 11% from $2,662,767 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. 980 W 48 ST, 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 1993 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $634 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ALEJANDRO DIAZ BAZAN
980 W 48 ST, MIAMI BEACH, FL, 33140
Since: 2026-07-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$18,139 — $30,365
Flood $400 — $800
Property/Wind $17,739 — $29,565

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$153,229
Median Home Value$1,162,800
Pop. Density4,659/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 →
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