2125 LAKE AVE, Miami Beach, FL 33140

Parcel: 0232270100220 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$17,175,757

Property Details

Beds
4
Baths
7.5
Living Sqft
8,107
Year Built
2018
Lot Sqft
20,028
Stories
3
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$5,100,000
2013-08-09
WILLIAM A INGRAHAM JR &W MARIADENISE VOHRA LLC
2
$19,150,000+275%
2019-05-10
DENISE VOHRA LLCPAUL JAMES RAHAL TRS
3
$100non-market transfer
2019-05-10
DENISE VOHRA LLC PAUL JAMES RAHAL TRS

Tax Assessment History

$17,175,757
Assessed (2025)
$24,006,454
Market Value
$17,125,035
Taxable Value
$348,652
Annual Tax
2024
$16,691,698
$23,100,619
2025
$17,175,757
$24,006,454
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $17,175,757 $24,006,454 $17,125,035 $348,652
2024 $16,691,698 $23,100,619 $16,641,698 $338,812

About 2125 LAKE AVE, Miami Beach, FL 33140

2125 LAKE AVE, Miami Beach, FL 33140 is a 4-bedroom, 7.5-bathroom residential - single family : 1 unit built in 2018 with 8,107 square feet of living space on a 20,028 square foot lot. The property is currently owned by PAUL JAMES RAHAL TRS C/O ROBERT T NAPIER, 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 2019-05-10 for $19,150,000, when DENISE VOHRA LLC sold to PAUL JAMES RAHAL TRS. The property has appreciated $19,149,900 (19149900%) since the prior sale of $100 on 2019-05-10. There are 3 recorded sales for this property.

The 2025 assessed value is $17,175,757 with a market value of $24,006,454. This breaks down to $15,021,000 for the land and $8,985,454 for the building. The assessed value increased 3% from $16,691,698 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 $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 $5,079,962 recorded against this property.

2125 LAKE 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 2013 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 90% of the most recent sale price. Based on the most recent sale, this property traded at $2362 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

PAUL JAMES RAHAL TRS C/O ROBERT T NAPIER
2125 LAKE AVE, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$103,454 — $172,557
Flood $400 — $800
Property/Wind $103,054 — $171,757

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
$10,000,000
~$5,079,962 bal.
IBERIABANK · 2020-09-11
Est. Total Balance $5,079,962
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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