1011 W 48 ST NO 8, Miami Beach, FL 33140

1011 W 48 ST NO 8, 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 AJN08RC 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 2023-05-11 for $1,348,800. The property sold for $6,976,200 less than the prior sale of $8,325,000 on 2023-05-09. There are 5 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.

There are active mortgage liens totaling $1,000,000 recorded against this property. 1011 W 48 ST NO 8, 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 5 recorded transactions in the public record. The current assessed value represents 452% 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 $300 per square foot — a key metric for comparing value across Miami Beach's real estate market..