1618 MICHIGAN AVE 24, Miami Beach, FL 33139

Parcel: 0232341280110 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$175,692

Property Details

Beds
1
Baths
1
Living Sqft
460
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$50,100
2013-08-28
DAVID ELDARMICHIGAN OWNERS ASSOCIATION INC
2
$105,200+110%
2016-06-29
MICHIGAN OWNERS ASSOCIATION INCDEUTSCHE BANK NATIL TRUST CO TRS
3
$150,800+43%
2017-06-14
DEUTSCHE BANK NATIL TRUST CO TRSGMJ GROUP LLC

Tax Assessment History

$175,692
Assessed (2025)
$201,432
Market Value
$175,692
Taxable Value
$3,577
Annual Tax
2024
$159,720
$201,432
2025
$175,692
$201,432
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $175,692 $201,432 $175,692 $3,577
2024 $159,720 $201,432 $159,720 $3,252

About 1618 MICHIGAN AVE 24, Miami Beach, FL 33139

1618 MICHIGAN AVE 24, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 460 square feet of living space. The property is currently owned by GMJ GROUP 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 2017-06-14 for $150,800, when DEUTSCHE BANK NATIL TRUST CO TRS sold to GMJ GROUP LLC. The property has appreciated $45,600 (43%) since the prior sale of $105,200 on 2016-06-29. There are 3 recorded sales for this property.

The 2025 assessed value is $175,692 with a market value of $201,432. The assessed value increased 10% from $159,720 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.

1618 MICHIGAN AVE 24, 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 2017, with 3 recorded transactions in the public record.

The current assessed value represents 117% of the most recent sale price. Based on the most recent sale, this property traded at $328 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GMJ GROUP LLC
3360 NE 170 ST, NORTH MIAMI BEACH, FL, 33160
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,508 — $4,665
Flood $400 — $800
Property/Wind $2,108 — $3,865

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 →
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