1340 FLAMINGO WAY, Miami Beach, FL 33139

1340 FLAMINGO WAY, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1947 with 1,230 square feet of living space on a 5,000 square foot lot. The property is currently owned by PAMPA SUNBELT 16 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 2023-06-20 for $1,800,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,185,969 with a market value of $1,185,969.

This breaks down to $997,500 for the land and $188,469 for the building. 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 $74,411, and the median home value is $356,900. The population density is 11,378 people per square mile. 1340 FLAMINGO WAY, 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 2017 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 66% 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. Based on the most recent sale, this property traded at $1463 per square foot — a key metric for comparing value across Miami Beach's real estate market..