3 ISLAND AVE 12J, Miami Beach, FL 33139

Parcel: 0232330901180 · Residential · Condominium - Residential · Zoning: 4700

Assessed Value (2025)
$397,336

Property Details

Beds
1
Baths
1
Living Sqft
863
Year Built
1962
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2020-01-14
BELLE ISLE APARTMENT CORPBRUCE WEITZ
2
$390,000
2021-11-01
BRUCE WEITZERNESTO CONRAD
3
$455,000+17%
2025-10-28
ERNESTO CONRADJONATHAN HUTTON RAKHSHA
4
$455,000
2026-01-23

Tax Assessment History

$397,336
Assessed (2025)
$403,010
Market Value
$397,336
Taxable Value
$8,089
Annual Tax
2024
$361,215
$403,010
2025
$397,336
$403,010
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $397,336 $403,010 $397,336 $8,089
2024 $361,215 $403,010 $361,215 $7,354

About 3 ISLAND AVE 12J, Miami Beach, FL 33139

3 ISLAND AVE 12J, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1962 with 863 square feet of living space. The property is currently owned by JONATHAN HUTTON RAKHSHA, 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 2026-01-23 for $455,000. There are 4 recorded sales for this property. The 2025 assessed value is $397,336 with a market value of $403,010.

The assessed value increased 10% from $361,215 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 $253,935 recorded against this property. 3 ISLAND AVE 12J, 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 2026, with 4 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $527 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

JONATHAN HUTTON RAKHSHA
3 ISLAND AVE 12J, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,168 — $9,541
Flood $400 — $800
Property/Wind $4,768 — $8,741

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
$255,000
~$253,935 bal.
BRADESCO BANK · 2026-01-23
1 satisfied mortgage
SATISFIED 2021-11-02
$273,000
CITY NATIONAL BANK OF FLORIDA
Est. Total Balance $253,935
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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