716 MICHIGAN AVE 503, Miami Beach, FL 33139

Parcel: 0242031160170 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$219,269

Property Details

Beds
1
Baths
1
Living Sqft
750
Year Built
1970
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2019-09-06
SAMUEL SCHWARTZ EST OFPHILIP SCHWARTZ
2
$199,000
2019-10-04
PHILIP SCHWARTZJUAN ESPINAL JR
3
$285,000+43%
2024-04-05
JUAN ESPINAL JRFARID FORCE
4
$285,000
2024-04-10

Tax Assessment History

$219,269
Assessed (2025)
$219,269
Market Value
$219,269
Taxable Value
$4,464
Annual Tax
2024
$257,964
2025
$219,269
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $219,269 $219,269 $219,269 $4,464
2024 $257,964 $257,964 $207,964 $4,234

About 716 MICHIGAN AVE 503, Miami Beach, FL 33139

716 MICHIGAN AVE 503, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1970 with 750 square feet of living space. The property is currently owned by FARID FORCE MARY FORCE, 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 2024-04-10 for $285,000. There are 4 recorded sales for this property. The 2025 assessed value is $219,269 with a market value of $219,269.

The assessed value decreased 15% from $257,964 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. 716 MICHIGAN AVE 503, 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 2019 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 77% of the most recent sale price.

Based on the most recent sale, this property traded at $380 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

FARID FORCE MARY FORCE
716 MICHIGAN AVE 503, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,592 — $4,746
Flood $400 — $800
Property/Wind $2,192 — $3,946

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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