1021 W 48 ST NO 7, Miami Beach, FL 33140

Parcel: 0232220330070 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$6,101,211

Property Details

Baths
1
Living Sqft
4,494
Year Built
2022
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,348,800
2023-04-26
4701 NORTH MERIDIAN LLCLEVARI OWNER LLC
2
$7,450,000+452%
2023-04-28
LEVARI OWNER LLCSALMASI PROPERTIES LLC
3
$7,450,000
2023-05-08

Tax Assessment History

$6,101,211
Assessed (2025)
$7,053,914
Market Value
$6,101,211
Taxable Value
$124,216
Annual Tax
2024
$5,546,556
2025
$6,101,211
$7,053,914
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $6,101,211 $7,053,914 $6,101,211 $124,216
2024 $5,546,556 $5,546,556 $5,546,556 $112,923

About 1021 W 48 ST NO 7, Miami Beach, FL 33140

1021 W 48 ST NO 7, Miami Beach, FL 33140 is a residential - total value : condominium - residential built in 2022 with 4,494 square feet of living space. The property is currently owned by SALMASI PROPERTIES LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2023-05-08 for $7,450,000. There are 3 recorded sales for this property. The 2025 assessed value is $6,101,211 with a market value of $7,053,914.

The assessed value increased 10% from $5,546,556 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. 1021 W 48 ST NO 7, 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 2023 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 82% of the most recent sale price.

Based on the most recent sale, this property traded at $1658 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SALMASI PROPERTIES LLC
30 EAST 85 ST APT 3B, NEW YORK, NY, 10028
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$37,007 — $61,812
Flood $400 — $800
Property/Wind $36,607 — $61,012

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 →
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