3538 FLAMINGO DR, Miami Beach, FL 33140

Parcel: 0232260020610 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0800

Assessed Value (2025)
$1,492,990

Property Details

Beds
7
Baths
4
Living Sqft
3,874
Year Built
1924
Lot Sqft
9,877
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$303,500
1992-11-01
2
N/Anon-market transfer
1993-10-01
3
$1,975,000
2016-08-04
ROBERT J WOLFARTHMICHAEL LARKIN

Tax Assessment History

$1,492,990
Assessed (2025)
$3,070,625
Market Value
$1,442,268
Taxable Value
$29,363
Annual Tax
2024
$1,430,933
$3,073,689
2025
$1,492,990
$3,070,625
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,492,990 $3,070,625 $1,442,268 $29,363
2024 $1,430,933 $3,073,689 $1,380,933 $28,115

About 3538 FLAMINGO DR, Miami Beach, FL 33140

3538 FLAMINGO DR, Miami Beach, FL 33140 is a 7-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1924 with 3,874 square feet of living space on a 9,877 square foot lot. The property is currently owned by MICHAEL LARKIN, 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 2016-08-04 for $1,975,000, when ROBERT J WOLFARTH sold to MICHAEL LARKIN. There are 3 recorded sales for this property. The 2025 assessed value is $1,492,990 with a market value of $3,070,625.

This breaks down to $2,568,124 for the land and $502,501 for the building. The assessed value increased 4% from $1,430,933 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $1,456,768 recorded against this property. 3538 FLAMINGO DR, 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 1992 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 76% of the most recent sale price.

Based on the most recent sale, this property traded at $510 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MICHAEL LARKIN
3538 FLAMINGO DR, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$18,315 — $33,645
Flood $400 — $800
Property/Wind $17,915 — $32,845

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$-666,666,666
Median Home Value$487,600
Pop. Density12,994/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
$1,549,500
~$1,456,768 bal.
MOVEMENT MORTGAGE · 2021-05-14
Est. Total Balance $1,456,768
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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