524 WASHINGTON AVE 214, Miami Beach, FL 33139

Parcel: 0242030550150 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$229,663

Property Details

Beds
1
Baths
1
Living Sqft
700
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$181,500
2017-09-29
BANKUNITED N ABANK OF AMERICA N A
2
$157,500-13%
2017-12-06
BANK OF AMERICA N AJ & L PROPERTIES MANAGEMENT LLC
3
$170,700+8%
2020-01-29
J & LPROPERTIES MANAGEMENT LLC131029 USA LLC

Tax Assessment History

$229,663
Assessed (2025)
$269,915
Market Value
$229,663
Taxable Value
$4,676
Annual Tax
2024
$208,785
$249,921
2025
$229,663
$269,915
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $229,663 $269,915 $229,663 $4,676
2024 $208,785 $249,921 $208,785 $4,251

About 524 WASHINGTON AVE 214, Miami Beach, FL 33139

524 WASHINGTON AVE 214, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1967 with 700 square feet of living space. The property is currently owned by 131029 USA 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 2020-01-29 for $170,700, when J & LPROPERTIES MANAGEMENT LLC sold to 131029 USA LLC. The property has appreciated $13,200 (8%) since the prior sale of $157,500 on 2017-12-06. There are 3 recorded sales for this property.

The 2025 assessed value is $229,663 with a market value of $269,915. The assessed value increased 10% from $208,785 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.

524 WASHINGTON AVE 214, 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 2017 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 135% 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 $244 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

131029 USA LLC
1612 JEFFERSON AVE STE 504 (PH 4), MIAMI BEACH, FL, 33139
Since: 2026-03-29
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,155 — $5,852
Flood $400 — $800
Property/Wind $2,755 — $5,052

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$50,453
Median Home Value$285,000
Pop. Density20,903/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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