9 ISLAND AVE 1207, Miami Beach, FL 33139

Parcel: 0232330531290 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$1,267,667

Property Details

Beds
2
Baths
2.5
Living Sqft
1,778
Year Built
1981
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$625,000
2004-05-01
2
$100non-market transfer
2014-02-26
GENE VALITTEUGENE VALITT TRS
3
$1,615,000
2021-09-15
EUGENE VALITT TRSMICHAEL FERRIER

Tax Assessment History

$1,267,667
Assessed (2025)
$1,381,449
Market Value
$1,216,945
Taxable Value
$24,776
Annual Tax
2024
$1,231,941
$1,315,666
2025
$1,267,667
$1,381,449
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,267,667 $1,381,449 $1,216,945 $24,776
2024 $1,231,941 $1,315,666 $1,181,941 $24,063

About 9 ISLAND AVE 1207, Miami Beach, FL 33139

9 ISLAND AVE 1207, Miami Beach, FL 33139 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1981 with 1,778 square feet of living space. The property is currently owned by MICHAEL FERRIER, 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 2021-09-15 for $1,615,000, when EUGENE VALITT TRS sold to MICHAEL FERRIER. The property has appreciated $1,614,900 (1614900%) since the prior sale of $100 on 2014-02-26. There are 3 recorded sales for this property.

The 2025 assessed value is $1,267,667 with a market value of $1,381,449. The assessed value increased 3% from $1,231,941 in 2024. The property has the following tax exemptions: homestead.

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 $1,221,103 recorded against this property.

9 ISLAND 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 2004 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $908 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MICHAEL FERRIER
9 ISLAND AVE 1207, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$13,076 — $23,618
Flood $400 — $800
Property/Wind $12,676 — $22,818

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
$1,292,000
~$1,221,103 bal.
STIFEL BANK & TRUST · 2021-09-27
Est. Total Balance $1,221,103
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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