118 E 3 CT, Miami Beach, FL 33139

Parcel: 0232320050140 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,901,951

Property Details

Beds
3
Baths
3
Living Sqft
2,517
Year Built
1941
Lot Sqft
9,750
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$2,375,000
2021-11-17
LARAMAR HOLDINGS LLCEREN SPRING
2
$3,700,000+56%
2025-01-31
EREN SPRINGSALVADOR ARCE
3
$3,700,000
2025-02-10
4
$3,900,000+5%
2025-10-06
SALVADOR ARCE118 E 3RD CT LLC
5
$3,900,000
2025-10-24

Tax Assessment History

$2,901,951
Assessed (2025)
$3,178,365
Market Value
$2,901,951
Taxable Value
$59,081
Annual Tax
2024
$2,638,446
$3,185,452
2025
$2,901,951
$3,178,365
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,901,951 $3,178,365 $2,901,951 $59,081
2024 $2,638,446 $3,185,452 $2,638,446 $53,717

About 118 E 3 CT, Miami Beach, FL 33139

118 E 3 CT, Miami Beach, FL 33139 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1941 with 2,517 square feet of living space on a 9,750 square foot lot. The property is currently owned by 118 E 3RD CT LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-10-24 for $3,900,000. There are 5 recorded sales for this property. The 2025 assessed value is $2,901,951 with a market value of $3,178,365.

This breaks down to $2,632,500 for the land and $545,865 for the building. The assessed value increased 10% from $2,638,446 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 $189,605, and the median home value is $1,453,400. The population density is 3,945 people per square mile.

There are active mortgage liens totaling $2,911,042 recorded against this property. 118 E 3 CT, Miami Beach, FL 33139 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 2021 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 74% of the most recent sale price. Based on the most recent sale, this property traded at $1549 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

118 E 3RD CT LLC
420 EDISON LAKES PKWY, MISHAWAKA, IN, 46545
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$35,223 — $64,642
Flood $400 — $800
Property/Wind $34,823 — $63,842

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$189,605
Median Home Value$1,453,400
Pop. Density3,945/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE 6% rate
$2,960,000
~$2,911,042 bal.
PNC BANK NA · 2025-02-10
1 satisfied mortgage
SATISFIED 2021-12-16
$1,900,000
LOANDEPOT.COM LLC
Est. Total Balance $2,911,042
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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