1200 WEST AVE 720, Miami Beach, FL 33139

Parcel: 0232330732600 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$289,819

Property Details

Beds
1
Baths
1
Living Sqft
837
Year Built
1965
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$215,900
2005-08-01
2
$405,000+88%
2022-09-27
MICHAEL LIPSCOMB & NORMA LIPSCOMBLUIS LUGO
3
$405,000
2022-10-04

Tax Assessment History

$289,819
Assessed (2025)
$289,819
Market Value
$289,819
Taxable Value
$5,900
Annual Tax
2024
$315,021
2025
$289,819
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $289,819 $289,819 $289,819 $5,900
2024 $315,021 $315,021 $315,021 $6,414

About 1200 WEST AVE 720, Miami Beach, FL 33139

1200 WEST AVE 720, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1965 with 837 square feet of living space. The property is currently owned by LUIS LUGO PAMELA GONZALEZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-10-04 for $405,000. There are 3 recorded sales for this property. The 2025 assessed value is $289,819 with a market value of $289,819.

The assessed value decreased 8% from $315,021 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. There are active mortgage liens totaling $402,384 recorded against this property.

1200 WEST AVE 720, 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 2005 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 72% of the most recent sale price. Based on the most recent sale, this property traded at $484 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

LUIS LUGO PAMELA GONZALEZ
1200 WEST AVE UNIT 720, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,877 — $7,176
Flood $400 — $800
Property/Wind $3,477 — $6,376

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
$419,580
~$402,384 bal.
GUARANTEED RATE AFFINITY LLC · 2022-10-04
Est. Total Balance $402,384
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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