118 W 3 CT, Miami Beach, FL 33139

Parcel: 0232320050490 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$1,491,122

Property Details

Beds
4
Baths
4
Living Sqft
5,081
Year Built
2025
Lot Sqft
9,750
Stories
3
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$38,000
1971-05-01
2
N/Anon-market transfer
1999-06-01
3
$1,180,000
2020-07-21
SARA CHIZ (TRUST)ALEJANDRO VALDES

Tax Assessment History

$1,491,122
Assessed (2025)
$2,632,500
Market Value
$1,491,122
Taxable Value
$30,358
Annual Tax
2024
$1,355,566
$2,632,500
2025
$1,491,122
$2,632,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,491,122 $2,632,500 $1,491,122 $30,358
2024 $1,355,566 $2,632,500 $1,355,566 $27,598

About 118 W 3 CT, Miami Beach, FL 33139

118 W 3 CT, Miami Beach, FL 33139 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 2025 with 5,081 square feet of living space on a 9,750 square foot lot. The property is currently owned by ALEJANDRO VALDES ISAURA VALDES, 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 2020-07-21 for $1,180,000, when SARA CHIZ (TRUST) sold to ALEJANDRO VALDES. There are 3 recorded sales for this property. The 2025 assessed value is $1,491,122 with a market value of $2,632,500.

The assessed value increased 10% from $1,355,566 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. 118 W 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 1971 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 126% 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 $232 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ALEJANDRO VALDES ISAURA VALDES
4701 NW 77 AVE, MIAMI, FL, 33166
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$9,346 — $15,711
Flood $400 — $800
Property/Wind $8,946 — $14,911

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 →
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