1615 MERIDIAN AVE 302, Miami Beach, FL 33139

Parcel: 0232340560070 · Residential · Condominium - Residential · Zoning: 6800

Assessed Value (2025)
$145,308

Property Details

Beds
1
Baths
1
Living Sqft
649
Year Built
1977
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$28,000
1978-03-01
2
$216,000+671%
2007-06-01

Tax Assessment History

$145,308
Assessed (2025)
$202,800
Market Value
$94,586
Taxable Value
$1,926
Annual Tax
2024
$141,213
$202,800
2025
$145,308
$202,800
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $145,308 $202,800 $94,586 $1,926
2024 $141,213 $202,800 $91,213 $1,857

About 1615 MERIDIAN AVE 302, Miami Beach, FL 33139

1615 MERIDIAN AVE 302, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1977 with 649 square feet of living space. The property is currently owned by IVAN MANUEL ALVAREZ &W MARIA ALEXANDRA ALVAREZ, 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 2007-06-01 for $216,000. The property has appreciated $188,000 (671%) since the prior sale of $28,000 on 1978-03-01. The 2025 assessed value is $145,308 with a market value of $202,800.

The assessed value increased 3% from $141,213 in 2024. The property has the following tax exemptions: homestead. 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 $59,028, and the median home value is $601,500. The population density is 13,028 people per square mile.

1615 MERIDIAN AVE 302, 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 1978 to 2007, with 2 recorded transactions in the public record.

The current assessed value represents 67% 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 $333 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

IVAN MANUEL ALVAREZ &W MARIA ALEXANDRA ALVAREZ
1615 MERIDIAN AVE #302, MIAMI BEACH, FL, 33139-2865
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$59,028
Median Home Value$601,500
Pop. Density13,028/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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