525 MERIDIAN AVE 401, Miami Beach, FL 33139

Parcel: 0242030670210 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$158,126

Property Details

Beds
2
Baths
1.5
Living Sqft
890
Year Built
1969
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$40,000
1983-02-01
2
$35,000-13%
1986-02-01
3
$225,000+543%
2007-03-01

Tax Assessment History

$158,126
Assessed (2025)
$329,935
Market Value
$47,404
Taxable Value
$965
Annual Tax
2024
$153,670
$329,935
2025
$158,126
$329,935
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $158,126 $329,935 $47,404 $965
2024 $153,670 $329,935 $98,670 $2,009

About 525 MERIDIAN AVE 401, Miami Beach, FL 33139

525 MERIDIAN AVE 401, Miami Beach, FL 33139 is a 2-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1969 with 890 square feet of living space. The property is currently owned by MICHAEL THOMPSON & JUAN CARLOS HERNANDEZ JTRS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2007-03-01 for $225,000. The property has appreciated $190,000 (543%) since the prior sale of $35,000 on 1986-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $158,126 with a market value of $329,935. The assessed value increased 3% from $153,670 in 2024. The property has the following tax exemptions: homestead.

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. 525 MERIDIAN AVE 401, 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 1983 to 2007, with 3 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price. Based on the most recent sale, this property traded at $253 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MICHAEL THOMPSON & JUAN CARLOS HERNANDEZ JTRS
525 MERIDIAN AVE #401, MIAMI BEACH, FL, 33139-6410
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,297 — $4,278
Flood $400 — $800
Property/Wind $1,897 — $3,478

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
View full risk analysis →
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