1551 MICHIGAN AVE 12, Miami Beach, FL 33139

Parcel: 0232341290120 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$220,216

Property Details

Beds
1
Baths
1
Living Sqft
500
Year Built
1954
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$135,500
2010-04-09
AMY M GARCIARICHARD HABBERLEY
2
$190,000+40%
2015-04-10
RICHARD HABBERLEYPEDRO HANCON CAVALCANTI YUE
3
$245,000+29%
2023-05-12
PEDRO HANCON CAVALCANTI YUEALEJANDRO MORENO ABASCAL
4
$245,000
2023-05-25

Tax Assessment History

$220,216
Assessed (2025)
$220,216
Market Value
$220,216
Taxable Value
$4,483
Annual Tax
2024
$203,904
2025
$220,216
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $220,216 $220,216 $220,216 $4,483
2024 $203,904 $203,904 $203,904 $4,151

About 1551 MICHIGAN AVE 12, Miami Beach, FL 33139

1551 MICHIGAN AVE 12, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1954 with 500 square feet of living space. The property is currently owned by ALEJANDRO MORENO ABASCAL, 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 2023-05-25 for $245,000. There are 4 recorded sales for this property. The 2025 assessed value is $220,216 with a market value of $220,216.

The assessed value increased 8% from $203,904 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. There are active mortgage liens totaling $177,591 recorded against this property.

1551 MICHIGAN AVE 12, 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 2010 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 90% of the most recent sale price. Based on the most recent sale, this property traded at $490 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ALEJANDRO MORENO ABASCAL
1551 MICHIGAN AVE 12, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,042 — $5,644
Flood $400 — $800
Property/Wind $2,642 — $4,844

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
$183,750
~$177,591 bal.
CROSSCOUNTRY MORTGAGE LLC · 2023-05-25
Est. Total Balance $177,591
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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