949 PENNSYLVANIA AVE 408, Miami Beach, FL 33139

949 PENNSYLVANIA AVE 408, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1966 with 744 square feet of living space. The property is currently owned by WILLIAM MCNAIR, 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 2020-12-09 for $197,500, when SCOTT A BARNER sold to WILLIAM MCNAIR. The property has appreciated $45,500 (30%) since the prior sale of $152,000 on 2011-01-24. There are 3 recorded sales for this property.

The 2025 assessed value is $254,753 with a market value of $265,763. The assessed value increased 10% from $231,594 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 $138,384 recorded against this property. 949 PENNSYLVANIA AVE 408, 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 2000 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 129% 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 $265 per square foot — a key metric for comparing value across Miami Beach's real estate market..