851 MERIDIAN AVE 21, Miami Beach, FL 33139

851 MERIDIAN AVE 21, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1965 with 704 square feet of living space. The property is currently owned by ALEXANDER DEREK REIN, 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 2022-01-25 for $225,000. There are 4 recorded sales for this property. The 2025 assessed value is $286,675 with a market value of $286,675.

The assessed value increased 6% from $269,523 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 $50,453, and the median home value is $285,000. The population density is 20,903 people per square mile. There are active mortgage liens totaling $160,057 recorded against this property.

851 MERIDIAN AVE 21, 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 2018 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 127% 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 $320 per square foot — a key metric for comparing value across Miami Beach's real estate market..