1051 MERIDIAN AVE 1-B, Miami Beach, FL 33139

Parcel: 0242031630020 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$196,258

Property Details

Beds
1
Baths
1
Living Sqft
540
Year Built
1937
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$60,000
1993-05-01
2
$170,000+183%
2013-03-29
DAVID CARL SMITHMARIE CLAUDE COURSELLE JTRS
3
$142,000-16%
2019-12-31
MARIE CLAUDE COURSELLE JTRSNICOLA ARZANI

Tax Assessment History

$196,258
Assessed (2025)
$196,258
Market Value
$196,258
Taxable Value
$3,996
Annual Tax
2024
$202,328
2025
$196,258
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $196,258 $196,258 $196,258 $3,996
2024 $202,328 $202,328 $202,328 $4,119

About 1051 MERIDIAN AVE 1-B, Miami Beach, FL 33139

1051 MERIDIAN AVE 1-B, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1937 with 540 square feet of living space. The property is currently owned by NICOLA ARZANI, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-12-31 for $142,000, when MARIE CLAUDE COURSELLE JTRS sold to NICOLA ARZANI. The property sold for $28,000 less than the prior sale of $170,000 on 2013-03-29. There are 3 recorded sales for this property.

The 2025 assessed value is $196,258 with a market value of $196,258. The assessed value decreased 3% from $202,328 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 $40,744, and the median home value is $396,800. The population density is 13,742 people per square mile.

1051 MERIDIAN AVE 1-B, 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 1993 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 138% 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 $263 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

NICOLA ARZANI
1051 MERIDIAN AVE 1 B, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,755 — $5,117
Flood $400 — $800
Property/Wind $2,355 — $4,317

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$40,744
Median Home Value$396,800
Pop. Density13,742/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 →
Zoom in to see property sales