1025 W 47 CT, Miami Beach, FL 33140

Parcel: 0232220140850 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$941,256

Property Details

Beds
3
Baths
2
Living Sqft
2,397
Year Built
1949
Lot Sqft
8,479
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$715,000
2003-08-01
2
$850,000+19%
2004-12-01
3
$1,200,000+41%
2013-09-01
DEIRDRE DIBIAGGIOAKSHAY BHANDARI

Tax Assessment History

$941,256
Assessed (2025)
$1,730,256
Market Value
$890,534
Taxable Value
$18,131
Annual Tax
2024
$914,729
$1,775,869
2025
$941,256
$1,730,256
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $941,256 $1,730,256 $890,534 $18,131
2024 $914,729 $1,775,869 $864,729 $17,605

About 1025 W 47 CT, Miami Beach, FL 33140

1025 W 47 CT, Miami Beach, FL 33140 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1949 with 2,397 square feet of living space on a 8,479 square foot lot. The property is currently owned by AKSHAY BHANDARI SMITA BHANDARI, 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 2013-09-01 for $1,200,000, when DEIRDRE DIBIAGGIO sold to AKSHAY BHANDARI. The property has appreciated $350,000 (41%) since the prior sale of $850,000 on 2004-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $941,256 with a market value of $1,730,256. This breaks down to $1,314,245 for the land and $416,011 for the building. The assessed value increased 3% from $914,729 in 2024.

The property has the following tax exemptions: homestead. 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. There are active mortgage liens totaling $851,436 recorded against this property.

1025 W 47 CT, 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 2003 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $501 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

AKSHAY BHANDARI SMITA BHANDARI
1025 WEST 47 CT, MIAMI, FL, 33140
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$11,695 — $21,507
Flood $400 — $800
Property/Wind $11,295 — $20,707

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 →

Mortgages

ACTIVE
$898,000
~$851,436 bal.
DRAPER AND KRAMER MORTGAGE CORP · 2022-01-05
Est. Total Balance $851,436
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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