550 W 50 ST, Miami Beach, FL 33140

550 W 50 ST, Miami Beach, FL 33140 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1936 with 2,465 square feet of living space on a 6,450 square foot lot. The property is currently owned by MICHAEL LEVINE SARI LEVINE, 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 2023-12-22 for $2,000,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,741,771 with a market value of $1,815,753.

This breaks down to $1,290,000 for the land and $525,753 for the building. The assessed value increased 3% from $1,692,684 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 $1,019,363 recorded against this property.

550 W 50 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 2017 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $811 per square foot — a key metric for comparing value across Miami Beach's real estate market..