620 JEFFERSON AVE, Miami Beach, FL 33139

Parcel: 0242030096340 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3900

Assessed Value (2025)
$1,410,000

Property Details

Beds
5
Baths
4
Living Sqft
3,327
Year Built
1952
Lot Sqft
7,000
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$875,000
2005-10-01
2
$455,100-48%
2010-05-27
BERNARDO S MILANO NETTOWELLS FARGO BNK NATL ASSOC TRS
3
$385,000-15%
2010-09-03
WELLS FARGO BNK NATL ASSOC TRS620 JEFFERSON LLC

Tax Assessment History

$1,410,000
Assessed (2025)
$1,410,000
Market Value
$1,410,000
Taxable Value
$28,706
Annual Tax
2024
$1,817,869
2025
$1,410,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,410,000 $1,410,000 $1,410,000 $28,706
2024 $1,817,869 $1,817,869 $1,817,869 $37,010

About 620 JEFFERSON AVE, Miami Beach, FL 33139

620 JEFFERSON AVE, Miami Beach, FL 33139 is a 5-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1952 with 3,327 square feet of living space on a 7,000 square foot lot. The property is currently owned by 620 JEFFERSON 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 2010-09-03 for $385,000, when WELLS FARGO BNK NATL ASSOC TRS sold to 620 JEFFERSON LLC. The property sold for $70,100 less than the prior sale of $455,100 on 2010-05-27. There are 3 recorded sales for this property.

The 2025 assessed value is $1,410,000 with a market value of $1,410,000. This breaks down to $1,400,000 for the land and $10,000 for the building. The assessed value decreased 22% from $1,817,869 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 $48,292, and the median home value is $190,800.

The population density is 25,929 people per square mile. 620 JEFFERSON AVE, 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 2010, with 3 recorded transactions in the public record. The current assessed value represents 366% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $116 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

620 JEFFERSON LLC
765 W 41 ST, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$17,320 — $31,820
Flood $400 — $800
Property/Wind $16,920 — $31,020

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$48,292
Median Home Value$190,800
Pop. Density25,929/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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