Miami Beach, FL 33140

Miami Beach, FL 33140 is a property. The property is currently owned by 3500 FLAMINGO DRIVE 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 2025-01-03 for $7,750,000, when MICHAEL KANOFF &W SYLVIA sold to 3500 FLAMINGO DRIVE LLC. The property has appreciated $6,525,000 (533%) since the prior sale of $1,225,000 on 1999-08-01. The 2025 assessed value is $972,037 with a market value of $1,500,000.

The assessed value increased 10% from $883,670 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 $-666,666,666, and the median home value is $487,600. The population density is 12,994 people per square mile. The complete ownership history of this property spans from 1999 to 2025, with 2 recorded transactions in the public record.

The current assessed value represents 13% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..