1881 WASHINGTON AVE 5H, Miami Beach, FL 33139

Parcel: 0232340941020 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$390,000

Property Details

Beds
3
Baths
2
Living Sqft
1,230
Year Built
1966
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$243,600
2013-03-07
MARIA P REVOREDOONEWEST BANK FSB
2
$290,000+19%
2014-01-07
ONEWEST BANK FSBDANIEL RAHM
3
$402,500+39%
2018-10-29
DANIEL RAHMEDGEWATER BAY HOLDINGS LLC

Tax Assessment History

$390,000
Assessed (2025)
$390,000
Market Value
$390,000
Taxable Value
$7,940
Annual Tax
2024
$385,506
$458,784
2025
$390,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $390,000 $390,000 $390,000 $7,940
2024 $385,506 $458,784 $385,506 $7,849

About 1881 WASHINGTON AVE 5H, Miami Beach, FL 33139

1881 WASHINGTON AVE 5H, Miami Beach, FL 33139 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1966 with 1,230 square feet of living space. The property is currently owned by EDGEWATER BAY HOLDINGS 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 2018-10-29 for $402,500, when DANIEL RAHM sold to EDGEWATER BAY HOLDINGS LLC. The property has appreciated $112,500 (39%) since the prior sale of $290,000 on 2014-01-07. There are 3 recorded sales for this property.

The 2025 assessed value is $390,000 with a market value of $390,000. The assessed value increased 1% from $385,506 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 5H, 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 2013 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 97% of the most recent sale price. Based on the most recent sale, this property traded at $327 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

EDGEWATER BAY HOLDINGS LLC
1521 ALTON RD 931, MIAMI, FL, 33139
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,080 — $9,380
Flood $400 — $800
Property/Wind $4,680 — $8,580

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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