4541 PRAIRIE AVE, Miami Beach, FL 33140

4541 PRAIRIE AVE, Miami Beach, FL 33140 is a 7-bedroom, 7-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1920 with 5,800 square feet of living space on a 9,065 square foot lot. The property is currently owned by FIRST AMERICAN INTERNATIONAL TRADING INVESTMENT CORP, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1991-05-01 for $295,000. The property has appreciated $205,000 (228%) since the prior sale of $90,000 on 1973-01-01. The 2025 assessed value is $1,302,605 with a market value of $2,031,414.

This breaks down to $1,722,369 for the land and $309,045 for the building. The assessed value increased 10% from $1,184,187 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.

4541 PRAIRIE 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 1973 to 1991, with 2 recorded transactions in the public record.

The current assessed value represents 442% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $51 per square foot — a key metric for comparing value across Miami Beach's real estate market..