1200 WEST AVE 1031, Miami Beach, FL 33139

1200 WEST AVE 1031, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1965 with 970 square feet of living space. The property is currently owned by RICHARD FRAINE, 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 2009-02-12 for $189,000, when MICHAEL MUSKAT sold to RICHARD FRAINE. The property sold for $117,900 less than the prior sale of $306,900 on 2005-11-01. The 2025 assessed value is $312,438 with a market value of $350,784.

The assessed value increased 10% from $284,035 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. 1200 WEST AVE 1031, 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 2009, with 2 recorded transactions in the public record. The current assessed value represents 165% 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 $195 per square foot — a key metric for comparing value across Miami Beach's real estate market..