1616 MICHIGAN AVE 3, Miami Beach, FL 33139

Parcel: 0232341130150 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$251,275

Property Details

Beds
1
Baths
1
Living Sqft
730
Year Built
1940
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$280,000
2006-06-01
2
N/Anon-market transfer
2012-09-07
** CONFIDENTIAL **BETTY CAPOTE
3
$224,000
2019-03-03
BETTY CAPOTEWOLFGANG LEESCH

Tax Assessment History

$251,275
Assessed (2025)
$251,275
Market Value
$251,275
Taxable Value
$5,116
Annual Tax
2024
$229,900
$251,275
2025
$251,275
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $251,275 $251,275 $251,275 $5,116
2024 $229,900 $251,275 $229,900 $4,681

About 1616 MICHIGAN AVE 3, Miami Beach, FL 33139

1616 MICHIGAN AVE 3, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1940 with 730 square feet of living space. The property is currently owned by WOLFGANG LEESCH, 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 2019-03-03 for $224,000, when BETTY CAPOTE sold to WOLFGANG LEESCH. There are 3 recorded sales for this property. The 2025 assessed value is $251,275 with a market value of $251,275.

The assessed value increased 9% from $229,900 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 $41,263, and the median home value is $450,000. The population density is 13,556 people per square mile. 1616 MICHIGAN AVE 3, 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 2006 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 112% of the most recent sale price.

Based on the most recent sale, this property traded at $307 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

WOLFGANG LEESCH
1616 MICHIGAN AVE #3, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,415 — $6,328
Flood $400 — $800
Property/Wind $3,015 — $5,528

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$41,263
Median Home Value$450,000
Pop. Density13,556/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 →
Zoom in to see property sales