1618 MICHIGAN AVE 2, Miami Beach, FL 33139

Parcel: 0232341280040 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$195,863

Property Details

Beds
1
Baths
1
Living Sqft
470
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$110,000
2014-04-11
NATALIE HOLIDAY LLCRODRIGO SALEM
2
$170,000+55%
2018-10-15
RODRIGO SALEMMAEVA LLC
3
$235,000+38%
2022-08-16
MAEVA LLCWALTER F ELLINWOOD III
4
$235,000
2022-08-22

Tax Assessment History

$195,863
Assessed (2025)
$202,356
Market Value
$145,141
Taxable Value
$2,955
Annual Tax
2024
$190,344
$202,356
2025
$195,863
$202,356
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $195,863 $202,356 $145,141 $2,955
2024 $190,344 $202,356 $140,344 $2,857

About 1618 MICHIGAN AVE 2, Miami Beach, FL 33139

1618 MICHIGAN AVE 2, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 470 square feet of living space. The property is currently owned by WALTER F ELLINWOOD III, 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 2022-08-22 for $235,000. There are 4 recorded sales for this property. The 2025 assessed value is $195,863 with a market value of $202,356.

The assessed value increased 3% from $190,344 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 $41,263, and the median home value is $450,000. The population density is 13,556 people per square mile.

There are active mortgage liens totaling $154,560 recorded against this property. 1618 MICHIGAN AVE 2, 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 2014 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $500 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

WALTER F ELLINWOOD III
1618 MICHIGAN AVE 2, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,750 — $5,108
Flood $400 — $800
Property/Wind $2,350 — $4,308

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 →

Mortgages

ACTIVE
$161,475
~$154,560 bal.
UNITED WHOLESALE MORTGAGE LLC · 2022-08-22
Est. Total Balance $154,560
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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