1245 PENNSYLVANIA AVE 7, Miami Beach, FL 33139
Parcel: 0242031340070 · Residential · Condominium - Residential · Zoning: 3000
Assessed Value (2025)
$225,109
Property Details
Beds
1
Baths
1
Living Sqft
707
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
N/Anon-market transfer
2000-04-01
2
$150,000
2020-09-29
WILMER HERNANDEZ & → NICOLAS MICHAEL NICOLAOU
3
$300,000+100%
2026-01-30
NICOLAS MICHAEL NICOLAOU → 1245 PENN AVE 7 SOUTH BEACH LLC
4
$300,000
2026-02-11
Tax Assessment History
$225,109
Assessed (2025)
$255,846
Market Value
$225,109
Taxable Value
$4,583
Annual Tax
2024
$204,645
$255,846
2025
$225,109
$255,846
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $225,109 | $255,846 | $225,109 | $4,583 | $0 | $0 |
| 2024 | $204,645 | $255,846 | $204,645 | $4,166 | $0 | $0 |
About 1245 PENNSYLVANIA AVE 7, Miami Beach, FL 33139
1245 PENNSYLVANIA AVE 7, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1973 with 707 square feet of living space. The property is currently owned by 1245 PENNSULVANIA AVE 7 SOUTH BEACH LLC, 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 2026-02-11 for $300,000. There are 4 recorded sales for this property. The 2025 assessed value is $225,109 with a market value of $255,846.
The assessed value increased 10% from $204,645 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 $50,945, and the median home value is $284,100. The population density is 16,037 people per square mile. There are active mortgage liens totaling $239,211 recorded against this property.
1245 PENNSYLVANIA AVE 7, 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 2026, with 4 recorded transactions in the public record.
The current assessed value represents 75% of the most recent sale price. Based on the most recent sale, this property traded at $424 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
1245 PENNSULVANIA AVE 7 SOUTH BEACH LLC
30 N GOULD ST STE R, SHERIDAN, WY, 82801
Since: 2026-04-19
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$2,651 — $4,851
Flood $400 — $800
Property/Wind $2,251 — $4,051
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$50,945
Median Home Value$284,100
Pop. Density16,037/sq mi
Neighborhood 33139
20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$240,000
HOMEXPRESS MORTGAGE CORP · 2026-02-11
Est. Total Balance $239,211
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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