221 MERIDIAN AVE 404, Miami Beach, FL 33139

Parcel: 0242031280320 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$253,359

Property Details

Beds
1
Baths
1
Living Sqft
644
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$118,000
2003-02-01
2
$120,000+2%
2011-09-14
KESTUTIS KRISCIUNAS &W LIGIJAPETER KESSEL
3
$174,250+45%
2013-02-27
PETER KESSELRICHARD JOHN GIACCO JR

Tax Assessment History

$253,359
Assessed (2025)
$253,359
Market Value
$253,359
Taxable Value
$5,158
Annual Tax
2024
$268,541
$269,531
2025
$253,359
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $253,359 $253,359 $253,359 $5,158
2024 $268,541 $269,531 $268,541 $5,467

About 221 MERIDIAN AVE 404, Miami Beach, FL 33139

221 MERIDIAN AVE 404, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1972 with 644 square feet of living space. The property is currently owned by RICHARD JOHN GIACCO JR DOROTHY MEREDITH KELLER, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2013-02-27 for $174,250, when PETER KESSEL sold to RICHARD JOHN GIACCO JR. The property has appreciated $54,250 (45%) since the prior sale of $120,000 on 2011-09-14. There are 3 recorded sales for this property.

The 2025 assessed value is $253,359 with a market value of $253,359. The assessed value decreased 6% from $268,541 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 $87,115, and the median home value is $2,000,001. The population density is 7,330 people per square mile.

221 MERIDIAN AVE 404, 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 2003 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 145% 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 $271 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

RICHARD JOHN GIACCO JR DOROTHY MEREDITH KELLER
2209 SHALLCROSS AVE, WILMINGTON, DE, 19806
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,933 — $5,360
Flood $400 — $800
Property/Wind $2,533 — $4,560

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$87,115
Median Home Value$2,000,001
Pop. Density7,330/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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