1200 WEST AVE CU-5, Miami Beach, FL 33139

1200 WEST AVE CU-5, Miami Beach, FL 33139 is a store : condominium - commercial built in 1965 with 212 square feet of living space. The property is currently owned by VUKICA POSAVLJAK NICHOLAS GONZALEZ, recorded as of 2026-05-31. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-04-17 for $155,000, when INTERNATIONAL COMMUNICATIONS sold to VUKICA POSAVLJAK. The property has appreciated $5,000 (3%) since the prior sale of $150,000 on 2017-01-24. There are 3 recorded sales for this property.

The 2025 assessed value is $36,681 with a market value of $42,400. The assessed value increased 10% from $33,347 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 CU-5, 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 2006 to 2026, with 3 recorded transactions in the public record.

The current assessed value represents 24% 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 $731 per square foot — a key metric for comparing value across Miami Beach's real estate market..