1685 WASHINGTON AVE, Miami Beach, FL 33139

Parcel: 0232340190730 · Vacant Land - Commercial · Vacant Land · Zoning: 6600

Assessed Value (2025)
$12,000,000

Sales History

1
$20,000
2012-08-29
CITIBANK F.S.B.RJR CHARITABLE HOLDINGS LLC
2
$35,000+75%
2015-04-22
RJR CHARITABLE HOLDINGS LLCCITIBANK NA
3
$19,200,000+54757%
2017-08-16
CITIBANK NASOBE CENTER LLC

Tax Assessment History

$12,000,000
Assessed (2025)
$12,000,000
Market Value
$12,000,000
Taxable Value
$244,310
Annual Tax
2024
$12,000,000
2025
$12,000,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $12,000,000 $12,000,000 $12,000,000 $244,310
2024 $12,000,000 $12,000,000 $12,000,000 $244,310

About 1685 WASHINGTON AVE, Miami Beach, FL 33139

1685 WASHINGTON AVE, Miami Beach, FL 33139 is a property. The property is currently owned by SOBE CENTER LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2017-08-16 for $19,200,000, when CITIBANK NA sold to SOBE CENTER LLC. The property has appreciated $19,165,000 (54757%) since the prior sale of $35,000 on 2015-04-22. There are 3 recorded sales for this property.

The 2025 assessed value is $12,000,000 with a market value of $12,000,000. 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 $64,896, and the median home value is $440,600. The population density is 5,839 people per square mile. 1685 WASHINGTON AVE, 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 2012 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 63% 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..

Current Owner

SOBE CENTER LLC
1065 KANE CONCOURSE 200, BAY HARBOR ISLANDS, FL, 33154
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$120,400 — $216,800
Flood $400 — $800
Property/Wind $120,000 — $216,000

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$64,896
Median Home Value$440,600
Pop. Density5,839/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 →
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