4975 DELAWARE AVE, Miami Beach, FL 33140

Parcel: 0232220160190 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$1,564,735

Property Details

Beds
4
Baths
3
Living Sqft
2,734
Year Built
1950
Lot Sqft
8,700
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$520,000
2003-11-01
2
$690,000+33%
2012-05-23
MAGALY VARELADAVID WIGODA
3
$1,300,000+88%
2019-11-20
DAVID WIGODAFERMIC LLC

Tax Assessment History

$1,564,735
Assessed (2025)
$2,169,278
Market Value
$1,564,735
Taxable Value
$31,857
Annual Tax
2024
$1,422,487
$1,998,463
2025
$1,564,735
$2,169,278
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,564,735 $2,169,278 $1,564,735 $31,857
2024 $1,422,487 $1,998,463 $1,422,487 $28,961

About 4975 DELAWARE AVE, Miami Beach, FL 33140

4975 DELAWARE AVE, Miami Beach, FL 33140 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1950 with 2,734 square feet of living space on a 8,700 square foot lot. The property is currently owned by FERMIC LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-11-20 for $1,300,000, when DAVID WIGODA sold to FERMIC LLC. The property has appreciated $610,000 (88%) since the prior sale of $690,000 on 2012-05-23. There are 3 recorded sales for this property.

The 2025 assessed value is $1,564,735 with a market value of $2,169,278. This breaks down to $1,740,000 for the land and $429,278 for the building. The assessed value increased 10% from $1,422,487 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 $100,000 recorded against this property.

4975 DELAWARE AVE, 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 2019, with 3 recorded transactions in the public record.

The current assessed value represents 120% of the most recent sale price. Based on the most recent sale, this property traded at $475 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

FERMIC LLC
4975 DELAWARE AVE, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$19,176 — $35,224
Flood $400 — $800
Property/Wind $18,776 — $34,424

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
$100,000
RED WORLD VENTURES LLC · 2024-04-23
1 satisfied mortgage
SATISFIED 2022-02-03
$350,000
NORTHSTAR MORTGAGE INVESTMENTS INC
Est. Total Balance $100,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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