616 W 51 ST, Miami Beach, FL 33140

Parcel: 0232220220580 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,049,560

Property Details

Beds
3
Baths
3
Living Sqft
2,187
Year Built
1939
Lot Sqft
6,650
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$582,750
2013-08-20
U S BANK NATIONAL ASSOCIATION TRSNJ REALTY HOLDINGS LLC
2
$1,164,000+100%
2014-11-07
NJ REALTY HOLDINGS LLCLUIS D LOPEZ
3
$1,905,000+64%
2021-06-04
LUIS D LOPEZJAMES SHARP

Tax Assessment History

$2,049,560
Assessed (2025)
$2,049,560
Market Value
$1,998,838
Taxable Value
$40,695
Annual Tax
2024
$1,923,675
$1,924,845
2025
$2,049,560
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,049,560 $2,049,560 $1,998,838 $40,695
2024 $1,923,675 $1,924,845 $1,923,675 $39,164

About 616 W 51 ST, Miami Beach, FL 33140

616 W 51 ST, Miami Beach, FL 33140 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1939 with 2,187 square feet of living space on a 6,650 square foot lot. The property is currently owned by JAMES SHARP, 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 2021-06-04 for $1,905,000, when LUIS D LOPEZ sold to JAMES SHARP. The property has appreciated $741,000 (64%) since the prior sale of $1,164,000 on 2014-11-07. There are 3 recorded sales for this property.

The 2025 assessed value is $2,049,560 with a market value of $2,049,560. This breaks down to $1,330,000 for the land and $719,560 for the building. The assessed value increased 7% from $1,923,675 in 2024.

The property has the following tax exemptions: homestead. 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 $1,462,086 recorded against this property. 616 W 51 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 2013 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 108% of the most recent sale price. Based on the most recent sale, this property traded at $871 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

JAMES SHARP
616 W 51 ST, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$24,994 — $45,890
Flood $400 — $800
Property/Wind $24,594 — $45,090

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 4.125% rate
$1,567,300
~$1,462,086 bal.
BANK OF AMERICA NA · 2022-10-28
Est. Total Balance $1,462,086
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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