3153 ROYAL PALM AVE, Miami Beach, FL 33140

Parcel: 0232270010620 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0100

Assessed Value (2025)
$1,738,682

Property Details

Beds
5
Baths
5.5
Living Sqft
2,562
Year Built
1934
Lot Sqft
7,500
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$479,000
2000-09-01
2
$1,600,000+234%
2023-05-16
FRANCESCA FERRETTILOMAR ACQUISITIONS I LLC
3
$1,600,000
2023-06-01
4
$2,500,000+56%
2025-12-30
LOMAR ACQUISITIONS I LLCKEVIN MESMER
5
$2,500,000
2026-01-08

Tax Assessment History

$1,738,682
Assessed (2025)
$1,751,876
Market Value
$1,738,682
Taxable Value
$35,398
Annual Tax
2024
$1,580,620
2025
$1,738,682
$1,751,876
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,738,682 $1,751,876 $1,738,682 $35,398
2024 $1,580,620 $1,580,620 $1,580,620 $32,180

About 3153 ROYAL PALM AVE, Miami Beach, FL 33140

3153 ROYAL PALM AVE, Miami Beach, FL 33140 is a 5-bedroom, 5.5-bathroom multifamily 2-9 units : 2 living units built in 1934 with 2,562 square feet of living space on a 7,500 square foot lot. The property is currently owned by KEVIN MESMER MONICA LEE MESMER, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-01-08 for $2,500,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,738,682 with a market value of $1,751,876.

This breaks down to $1,462,500 for the land and $289,376 for the building. The assessed value increased 10% from $1,580,620 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.

There are active mortgage liens totaling $1,991,706 recorded against this property. 3153 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 2000 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price. Based on the most recent sale, this property traded at $976 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

KEVIN MESMER MONICA LEE MESMER
3153 ROYAL PALM AVE, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$21,264 — $39,051
Flood $400 — $800
Property/Wind $20,864 — $38,251

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 →

Mortgages

ACTIVE
$2,000,000
~$1,991,706 bal.
BANK OF AMERICA NA · 2026-01-08
1 satisfied mortgage
SATISFIED 2023-06-01
$1,680,000
MORTGAGE FUNDING 02 LLC
Est. Total Balance $1,991,706
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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