255 W 24 ST 540, Miami Beach, FL 33140

Parcel: 0232270260770 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$183,997

Property Details

Baths
1
Living Sqft
290
Year Built
1941
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$42,000
1994-04-01
2
$123,000+193%
2008-02-20
MARK S SMITH &W SILVIARONALD DAVIDSON &W

Tax Assessment History

$183,997
Assessed (2025)
$197,500
Market Value
$183,997
Taxable Value
$3,746
Annual Tax
2024
$167,270
$185,518
2025
$183,997
$197,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $183,997 $197,500 $183,997 $3,746
2024 $167,270 $185,518 $167,270 $3,405

About 255 W 24 ST 540, Miami Beach, FL 33140

255 W 24 ST 540, Miami Beach, FL 33140 is a residential - total value : condominium - residential built in 1941 with 290 square feet of living space. The property is currently owned by RONALD DAVIDSON &W LEONA DAVIDSON, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2008-02-20 for $123,000, when MARK S SMITH &W SILVIA sold to RONALD DAVIDSON &W. The property has appreciated $81,000 (193%) since the prior sale of $42,000 on 1994-04-01. The 2025 assessed value is $183,997 with a market value of $197,500.

The assessed value increased 10% from $167,270 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. 255 W 24 ST 540, 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 1994 to 2008, with 2 recorded transactions in the public record. The current assessed value represents 150% 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 $424 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

RONALD DAVIDSON &W LEONA DAVIDSON
8 BELFOUNTAIN CRT, BRAMPTON ONTARIO
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,607 — $4,847
Flood $400 — $800
Property/Wind $2,207 — $4,047

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 →
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