1502 JEFFERSON AVE 307, Miami Beach, FL 33139

Parcel: 0232341720220 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$307,440

Property Details

Beds
2
Baths
2
Living Sqft
1,012
Year Built
1926
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$142,000
2010-09-07
U S BANK NATL ASSOCIATION TRSPHILIP FORMICA JTRS
2
$100non-market transfer
2012-12-19
PHILIP FORMICA JTRSPETER FORMICA LE
3
$325,000
2018-12-28
PETER FORMICA LEWILLIAM EDWARD FURDON JR

Tax Assessment History

$307,440
Assessed (2025)
$307,440
Market Value
$307,440
Taxable Value
$6,259
Annual Tax
2024
$311,587
$341,600
2025
$307,440
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $307,440 $307,440 $307,440 $6,259
2024 $311,587 $341,600 $311,587 $6,344

About 1502 JEFFERSON AVE 307, Miami Beach, FL 33139

1502 JEFFERSON AVE 307, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1926 with 1,012 square feet of living space. The property is currently owned by WILLIAM EDWARD FURDON JR PETER ANDREW SELLERS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-12-28 for $325,000, when PETER FORMICA LE sold to WILLIAM EDWARD FURDON JR. The property has appreciated $324,900 (324900%) since the prior sale of $100 on 2012-12-19. There are 3 recorded sales for this property.

The 2025 assessed value is $307,440 with a market value of $307,440. The assessed value decreased 1% from $311,587 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 $219,338 recorded against this property. 1502 JEFFERSON AVE 307, 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 2018, with 3 recorded transactions in the public record. The current assessed value represents 95% of the most recent sale price. Based on the most recent sale, this property traded at $321 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

WILLIAM EDWARD FURDON JR PETER ANDREW SELLERS
58 WINTER PARK RD, FRAMINGHAM, MA, 01702
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,089 — $7,563
Flood $400 — $800
Property/Wind $3,689 — $6,763

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
$231,250
~$219,338 bal.
FAIRWAY INDEPENDENT MORTGAGE CORP · 2022-01-26
Est. Total Balance $219,338
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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