2421 LAKE PANCOAST DR 7A, Miami Beach, FL 33140

Parcel: 0232270240070 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$566,899

Property Details

Beds
1
Baths
2
Living Sqft
850
Year Built
1936
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$425,000
2014-04-30
JONI S IVESF JAMES CUMMINGS TRS
2
$737,800+74%
2015-04-24
F JAMES CUMMINGS TRSPROMENADE HILL REALTY LLC
3
$620,000-16%
2018-06-26
PROMENADE HILL REALTY LLCJAMES M DONALD

Tax Assessment History

$566,899
Assessed (2025)
$598,456
Market Value
$566,899
Taxable Value
$11,542
Annual Tax
2024
$515,363
$598,456
2025
$566,899
$598,456
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $566,899 $598,456 $566,899 $11,542
2024 $515,363 $598,456 $515,363 $10,492

About 2421 LAKE PANCOAST DR 7A, Miami Beach, FL 33140

2421 LAKE PANCOAST DR 7A, Miami Beach, FL 33140 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1936 with 850 square feet of living space. The property is currently owned by JAMES M DONALD, 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 2018-06-26 for $620,000, when PROMENADE HILL REALTY LLC sold to JAMES M DONALD . The property sold for $117,800 less than the prior sale of $737,800 on 2015-04-24. There are 3 recorded sales for this property.

The 2025 assessed value is $566,899 with a market value of $598,456. The assessed value increased 10% from $515,363 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.

There are active mortgage liens totaling $189,936 recorded against this property. 2421 LAKE PANCOAST DR 7A, 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 2014 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $729 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

JAMES M DONALD
2421 LAKE PANCOAST DR #7A, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,202 — $13,271
Flood $400 — $800
Property/Wind $6,802 — $12,471

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
$203,000
~$189,936 bal.
HOME POINT FINANCIAL CORPORATION · 2021-04-14
Est. Total Balance $189,936
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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