1228 WEST AVE 1505, Miami Beach, FL 33139

1228 WEST AVE 1505, 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 SOBE 1505 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 2011-08-10 for $160,000, when LARRY A WEXLER sold to SOBE 1505 LLC. The property has appreciated $22,000 (16%) since the prior sale of $138,000 on 2010-05-14. There are 3 recorded sales for this property.

The 2025 assessed value is $304,280 with a market value of $304,280. The assessed value increased 6% from $287,496 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 $77,308, and the median home value is $422,700. The population density is 50,079 people per square mile.

1228 WEST AVE 1505, 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 2010 to 2011, with 3 recorded transactions in the public record.

The current assessed value represents 190% 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 $213 per square foot — a key metric for comparing value across Miami Beach's real estate market..