1508 PENNSYLVANIA AVE 7B, Miami Beach, FL 33139

Parcel: 0232341770190 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$239,250

Property Details

Beds
1
Baths
1
Living Sqft
537
Year Built
1935
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$203,020
2005-10-01
2
$248,000+22%
2012-09-21
ROBERT CROSSCARLO PINCA
3
$300,000+21%
2024-05-02
CARLO PINCAMICHAEL SIMPSON
4
$300,000
2024-05-07

Tax Assessment History

$239,250
Assessed (2025)
$239,250
Market Value
$239,250
Taxable Value
$4,871
Annual Tax
2024
$199,650
$239,250
2025
$239,250
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $239,250 $239,250 $239,250 $4,871
2024 $199,650 $239,250 $199,650 $4,065

About 1508 PENNSYLVANIA AVE 7B, Miami Beach, FL 33139

1508 PENNSYLVANIA AVE 7B, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1935 with 537 square feet of living space. The property is currently owned by MICHAEL SIMPSON C/O GLSC AND COMPANY PLLC, 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 2024-05-07 for $300,000. There are 4 recorded sales for this property. The 2025 assessed value is $239,250 with a market value of $239,250.

The assessed value increased 20% from $199,650 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 $59,028, and the median home value is $601,500. The population density is 13,028 people per square mile. 1508 PENNSYLVANIA AVE 7B, 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 80% of the most recent sale price.

Based on the most recent sale, this property traded at $559 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MICHAEL SIMPSON C/O GLSC AND COMPANY PLLC
6303 WATERFORD DISTRICT DR 200, MIAMI, FL, 33126
Since: 2026-04-19
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,271 — $6,063
Flood $400 — $800
Property/Wind $2,871 — $5,263

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$59,028
Median Home Value$601,500
Pop. Density13,028/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
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