1600 MICHIGAN AVE 1, Miami Beach, FL 33139

Parcel: 0232341710010 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$252,000

Property Details

Beds
1
Baths
1
Living Sqft
737
Year Built
1936
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$329,000
2005-08-01
2
$365,000+11%
2014-12-18
CRAIG E LAMBWILKA INC
3
$290,000-21%
2024-06-04
WILKA INCHOUMAN KARGAR
4
$290,000
2024-07-05

Tax Assessment History

$252,000
Assessed (2025)
$252,000
Market Value
$201,278
Taxable Value
$4,098
Annual Tax
2024
$252,000
2025
$252,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $252,000 $252,000 $201,278 $4,098
2024 $252,000 $252,000 $252,000 $5,131

About 1600 MICHIGAN AVE 1, Miami Beach, FL 33139

1600 MICHIGAN AVE 1, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1936 with 737 square feet of living space. The property is currently owned by HOUMAN KARGAR, 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 2024-07-05 for $290,000. There are 4 recorded sales for this property. The 2025 assessed value is $252,000 with a market value of $252,000.

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 $226,659 recorded against this property.

1600 MICHIGAN AVE 1, 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 2005 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $393 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

HOUMAN KARGAR
1600 MICHIGAN AVE 1, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,424 — $6,344
Flood $400 — $800
Property/Wind $3,024 — $5,544

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
$231,500
~$226,659 bal.
NEXA MORTGAGE · 2024-07-05
Est. Total Balance $226,659
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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