1881 WASHINGTON AVE 15F, Miami Beach, FL 33139

Parcel: 0232340940830 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$314,341

Property Details

Beds
2
Baths
2
Living Sqft
940
Year Built
1966
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$138,800
2001-07-01
2
$300,000+116%
2013-12-20
SHAN ALBERTSTEVEN MARGETIS
3
$297,000-1%
2019-10-25
STEVEN MARGETISMGF REAL ESTATE MANAGEMENT LLC

Tax Assessment History

$314,341
Assessed (2025)
$325,920
Market Value
$314,341
Taxable Value
$6,400
Annual Tax
2024
$285,765
$325,920
2025
$314,341
$325,920
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $314,341 $325,920 $314,341 $6,400
2024 $285,765 $325,920 $285,765 $5,818

About 1881 WASHINGTON AVE 15F, Miami Beach, FL 33139

1881 WASHINGTON AVE 15F, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1966 with 940 square feet of living space. The property is currently owned by MGF REAL ESTATE MANAGEMENT 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 2019-10-25 for $297,000, when STEVEN MARGETIS sold to MGF REAL ESTATE MANAGEMENT LLC. The property sold for $3,000 less than the prior sale of $300,000 on 2013-12-20. There are 3 recorded sales for this property.

The 2025 assessed value is $314,341 with a market value of $325,920. The assessed value increased 10% from $285,765 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 $64,896, and the median home value is $440,600. The population density is 5,839 people per square mile.

1881 WASHINGTON AVE 15F, 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 2001 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 106% of the most recent sale price. Based on the most recent sale, this property traded at $316 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MGF REAL ESTATE MANAGEMENT LLC
20937 BAY CT 115, AVENTURA, FL, 33180
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,172 — $7,715
Flood $400 — $800
Property/Wind $3,772 — $6,915

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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