1250 WEST AVE 5L, Miami Beach, FL 33139

Parcel: 0232330481510 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$188,299

Property Details

Beds
1
Baths
1
Living Sqft
662
Year Built
1964
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$193,000
2015-06-08
SANDRA MARQUEZBMG BAY WEST LLC
2
$100non-market transfer
2016-06-01
SANDRA MARQUEZBGM BAY WEST LLC
3
$3,774,700
2025-07-29
BGM BAY WEST LLC1250 WEST AVE OWNER LLC

Tax Assessment History

$188,299
Assessed (2025)
$188,299
Market Value
$188,299
Taxable Value
$3,834
Annual Tax
2024
$192,353
$204,673
2025
$188,299
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $188,299 $188,299 $188,299 $3,834
2024 $192,353 $204,673 $192,353 $3,916

About 1250 WEST AVE 5L, Miami Beach, FL 33139

1250 WEST AVE 5L, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1964 with 662 square feet of living space. The property is currently owned by 1250 WEST AVE OWNER 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 2025-07-29 for $3,774,700, when BGM BAY WEST LLC sold to 1250 WEST AVE OWNER LLC. The property has appreciated $3,774,600 (3774600%) since the prior sale of $100 on 2016-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $188,299 with a market value of $188,299. The assessed value decreased 2% from $192,353 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.

1250 WEST AVE 5L, 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 2015 to 2025, with 3 recorded transactions in the public record.

The current assessed value represents 5% 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 $5702 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

1250 WEST AVE OWNER LLC
120 NE 27 ST STE 200, MIAMI BEACH, FL, 33137
Since: 2026-03-29
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People Behind This Entity

Registered Agent: CORPORATE CREATIONS NETWORK, INC.
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,659 — $4,942
Flood $400 — $800
Property/Wind $2,259 — $4,142

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 →
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