1228 WEST AVE 1207, Miami Beach, FL 33139

Parcel: 0232330391570 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$254,307

Property Details

Beds
1
Baths
1.5
Living Sqft
750
Year Built
1971
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$144,100
2012-07-05
WILBER M GOMEZ &W MAYLING T BOSCHFEDERAL NATIONAL MORTGAGE ASSN
2
$185,000+28%
2012-11-30
FEDERAL NATIONAL MORTGAGE ASSNDAVID MCCAULEY
3
$260,000+41%
2021-06-10
DAVID MCCAULEYRUSSELL MACLEAN FARRAR

Tax Assessment History

$254,307
Assessed (2025)
$298,330
Market Value
$203,585
Taxable Value
$4,145
Annual Tax
2024
$247,140
$324,272
2025
$254,307
$298,330
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $254,307 $298,330 $203,585 $4,145
2024 $247,140 $324,272 $197,140 $4,014

About 1228 WEST AVE 1207, Miami Beach, FL 33139

1228 WEST AVE 1207, Miami Beach, FL 33139 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1971 with 750 square feet of living space. The property is currently owned by RUSSELL MACLEAN FARRAR, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-06-10 for $260,000, when DAVID MCCAULEY sold to RUSSELL MACLEAN FARRAR . The property has appreciated $75,000 (41%) since the prior sale of $185,000 on 2012-11-30. There are 3 recorded sales for this property.

The 2025 assessed value is $254,307 with a market value of $298,330. The assessed value increased 3% from $247,140 in 2024. The property has the following tax exemptions: homestead.

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 $77,308, and the median home value is $422,700.

The population density is 50,079 people per square mile. There are active mortgage liens totaling $226,008 recorded against this property. 1228 WEST AVE 1207, 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 2012 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price.

Based on the most recent sale, this property traded at $347 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

RUSSELL MACLEAN FARRAR
1228 WEST AVE #1207, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,943 — $5,377
Flood $400 — $800
Property/Wind $2,543 — $4,577

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$77,308
Median Home Value$422,700
Pop. Density50,079/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
$240,000
~$226,008 bal.
MIAMI STUFF LLC · 2021-06-30
Est. Total Balance $226,008
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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