118 W 4 CT, Miami Beach, FL 33139

Parcel: 0232320050550 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$5,240,359

Property Details

Beds
6
Baths
6.5
Living Sqft
4,497
Year Built
2021
Lot Sqft
9,750
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2021-07-26
118 WEST LLC118 W 4TH CT LLC
2
$5,750,000
2021-07-27
118 W 4TH CT LLCNICHOLAS A PALUMBO
3
N/Anon-market transfer
2021-07-27
118 W 4 CT LLC NICHOLAS A PALUMBO

Tax Assessment History

$5,240,359
Assessed (2025)
$5,240,359
Market Value
$5,240,359
Taxable Value
$106,690
Annual Tax
2024
$5,157,975
$5,267,241
2025
$5,240,359
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $5,240,359 $5,240,359 $5,240,359 $106,690
2024 $5,157,975 $5,267,241 $5,157,975 $105,012

About 118 W 4 CT, Miami Beach, FL 33139

118 W 4 CT, Miami Beach, FL 33139 is a 6-bedroom, 6.5-bathroom residential - single family : 1 unit built in 2021 with 4,497 square feet of living space on a 9,750 square foot lot. The property is currently owned by NICHOLAS A PALUMBO MARISA A SOTOMAYOR, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-07-27 for $5,750,000, when 118 W 4TH CT LLC sold to NICHOLAS A PALUMBO. There are 3 recorded sales for this property. The 2025 assessed value is $5,240,359 with a market value of $5,240,359.

This breaks down to $2,632,500 for the land and $2,607,859 for the building. The assessed value increased 2% from $5,157,975 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 $4,712,355 recorded against this property. 118 W 4 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 2021, 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 $1279 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

NICHOLAS A PALUMBO MARISA A SOTOMAYOR
118 W 4 CT, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$31,842 — $53,203
Flood $400 — $800
Property/Wind $31,442 — $52,403

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
$5,000,000
~$4,712,355 bal.
CITIBANK NA · 2021-08-05
Est. Total Balance $4,712,355
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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