3 ISLAND AVE 14D, Miami Beach, FL 33139

Parcel: 0232330900470 · Residential · Condominium - Residential · Zoning: 4700

Assessed Value (2025)
$830,321

Property Details

Beds
2
Baths
2
Living Sqft
1,287
Year Built
1962
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$103,600
2020-01-14
BELLE ISLE APT CORPPHILIPPE MARTIN
2
$1,250,000+1107%
2021-11-15
PHILIPPE MARTINNAVIN MAHTANI

Tax Assessment History

$830,321
Assessed (2025)
$830,321
Market Value
$830,321
Taxable Value
$16,905
Annual Tax
2024
$907,577
$1,012,586
2025
$830,321
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $830,321 $830,321 $830,321 $16,905
2024 $907,577 $1,012,586 $907,577 $18,478

About 3 ISLAND AVE 14D, Miami Beach, FL 33139

3 ISLAND AVE 14D, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1962 with 1,287 square feet of living space. The property is currently owned by NAVIN MAHTANI SANDHYA LAKHANI, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-11-15 for $1,250,000, when PHILIPPE MARTIN sold to NAVIN MAHTANI. The property has appreciated $1,146,400 (1107%) since the prior sale of $103,600 on 2020-01-14. The 2025 assessed value is $830,321 with a market value of $830,321.

The assessed value decreased 9% from $907,577 in 2024. 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 $852,638 recorded against this property. 3 ISLAND AVE 14D, 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 2020 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 66% 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 $971 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

NAVIN MAHTANI SANDHYA LAKHANI
3 ISLAND AVE 14D, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$10,363 — $19,067
Flood $400 — $800
Property/Wind $9,963 — $18,267

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
$900,000
~$852,638 bal.
SPROUT MORTGAGE LLC · 2021-11-29
Est. Total Balance $852,638
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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