1727 W 24 ST, Miami Beach, FL 33140

Parcel: 0232280011850 · Vacant Residential · Vacant Land · Zoning: 0800

Assessed Value (2025)
$11,189,376

Property Details

Beds
6
Baths
8
Year Built
9999
Lot Sqft
15,894
Stories
2
VACANT RESIDENTIAL : VACANT LAND

Sales History

1
$565,000
1990-01-01
2
$955,000+69%
1995-06-01
3
$13,000,000+1261%
2022-05-20
BIVIO PROPERTY MANAGEMENT INCSUNSET ISLANDS DEVELOPMENTS
4
$13,000,000
2022-06-01
5
$38,500,000+196%
2026-04-28
SUNSET ISLANDS DEVELOPMENTSROBERT JOHNSON TRS

Tax Assessment History

$11,189,376
Assessed (2025)
$11,920,500
Market Value
$11,189,376
Taxable Value
$227,807
Annual Tax
2024
$10,873,383
2025
$11,189,376
$11,920,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $11,189,376 $11,920,500 $11,189,376 $227,807
2024 $10,873,383 $10,873,383 $10,873,383 $221,373

About 1727 W 24 ST, Miami Beach, FL 33140

1727 W 24 ST, Miami Beach, FL 33140 is a 6-bedroom, 8-bathroom vacant residential : vacant land built in 9999 on a 15,894 square foot lot. The property is currently owned by ROBERT JOHNSON TRS TMT 2026 TRUST, recorded as of 2026-05-31. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-04-28 for $38,500,000, when SUNSET ISLANDS DEVELOPMENTS sold to ROBERT JOHNSON TRS. The property has appreciated $25,500,000 (196%) since the prior sale of $13,000,000 on 2022-06-01. There are 5 recorded sales for this property.

The 2025 assessed value is $11,189,376 with a market value of $11,920,500. The assessed value increased 3% from $10,873,383 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.

1727 W 24 ST, 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 1990 to 2026, with 5 recorded transactions in the public record.

The current assessed value represents 29% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

ROBERT JOHNSON TRS TMT 2026 TRUST
1727 W 24 ST, MIAMI BEACH, FL, 33140
Since: 2026-05-31
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$67,536 — $112,693
Flood $400 — $800
Property/Wind $67,136 — $111,893

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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