3011 ROYAL PALM AVE, Miami Beach, FL 33140

Parcel: 0232270010130 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,112,612

Property Details

Beds
4
Baths
4
Living Sqft
3,543
Year Built
1936
Lot Sqft
8,640
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$267,500
1991-08-01
2
$953,200+256%
2013-08-22
MITCHELL R SHMALO &W CATHYSHERRY WEISER
3
$1,350,000+42%
2023-05-18
SHERRY WEISERROYAL PALM INVESTMENTS LLC

Tax Assessment History

$2,112,612
Assessed (2025)
$2,112,612
Market Value
$2,112,612
Taxable Value
$43,011
Annual Tax
2024
$1,963,332
2025
$2,112,612
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,112,612 $2,112,612 $2,112,612 $43,011
2024 $1,963,332 $1,963,332 $1,963,332 $39,972

About 3011 ROYAL PALM AVE, Miami Beach, FL 33140

3011 ROYAL PALM AVE, Miami Beach, FL 33140 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1936 with 3,543 square feet of living space on a 8,640 square foot lot. The property is currently owned by ROYAL PALM INVESTMENTS LLC, 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 2023-05-18 for $1,350,000, when SHERRY WEISER sold to ROYAL PALM INVESTMENTS LLC. The property has appreciated $396,800 (42%) since the prior sale of $953,200 on 2013-08-22. There are 3 recorded sales for this property.

The 2025 assessed value is $2,112,612 with a market value of $2,112,612. This breaks down to $1,684,800 for the land and $427,812 for the building. The assessed value increased 8% from $1,963,332 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 $181,375, and the median home value is $1,152,300.

The population density is 3,125 people per square mile. 3011 ROYAL PALM AVE, 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 1991 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 156% 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 $381 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ROYAL PALM INVESTMENTS LLC
3011 ROYAL PALM AVE, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$25,751 — $47,277
Flood $400 — $800
Property/Wind $25,351 — $46,477

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$181,375
Median Home Value$1,152,300
Pop. Density3,125/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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