724 ESPANOLA WAY 5, Miami Beach, FL 33139

Parcel: 0232341480050 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$360,000

Property Details

Beds
1
Baths
2
Living Sqft
752
Year Built
1935
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$230,000
2003-11-01
2
$362,000+57%
2015-03-17
ALEXANDRA SERRA JOHN H PEARSON IV
3
$435,000+20%
2021-01-11
JOHN H PEARSON IVJUBILEE PROPERTIES LLC

Tax Assessment History

$360,000
Assessed (2025)
$360,000
Market Value
$360,000
Taxable Value
$7,329
Annual Tax
2024
$360,000
2025
$360,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $360,000 $360,000 $360,000 $7,329
2024 $360,000 $360,000 $360,000 $7,329

About 724 ESPANOLA WAY 5, Miami Beach, FL 33139

724 ESPANOLA WAY 5, Miami Beach, FL 33139 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1935 with 752 square feet of living space. The property is currently owned by JUBILEE PROPERTIES 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 2021-01-11 for $435,000, when JOHN H PEARSON IV sold to JUBILEE PROPERTIES LLC. The property has appreciated $73,000 (20%) since the prior sale of $362,000 on 2015-03-17. There are 3 recorded sales for this property.

The 2025 assessed value is $360,000 with a market value of $360,000. 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 $74,411, and the median home value is $356,900. The population density is 11,378 people per square mile. 724 ESPANOLA WAY 5, 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 2003 to 2021, with 3 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 $578 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

JUBILEE PROPERTIES LLC
300 BISCAYNE BLVD WAY 4803, MIAMI, FL, 33131
Since: 2026-03-29
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People Behind This Entity

Registered Agent: ELLIS PETE
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,720 — $8,720
Flood $400 — $800
Property/Wind $4,320 — $7,920

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$74,411
Median Home Value$356,900
Pop. Density11,378/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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