325 MERIDIAN AVE 12, Miami Beach, FL 33139

Parcel: 0242031900120 · Residential · Condominium - Residential · Zoning: 3002

Assessed Value (2025)
$839,968

Property Details

Beds
3
Baths
2
Living Sqft
1,300
Year Built
1994
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$365,000
2004-02-01
2
N/Anon-market transfer
2009-06-23
JAMES M NICHOLSJAMES M NICHOLS
3
$900,000
2023-07-13
JAMES M NICHOLSVINCENT SINARD
4
$900,000
2023-07-24
5
$1,400,000+56%
2026-04-13
VINCENT SINARDANDREY PENEV

Tax Assessment History

$839,968
Assessed (2025)
$865,000
Market Value
$839,968
Taxable Value
$17,101
Annual Tax
2024
$763,608
2025
$839,968
$865,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $839,968 $865,000 $839,968 $17,101
2024 $763,608 $763,608 $763,608 $15,546

About 325 MERIDIAN AVE 12, Miami Beach, FL 33139

325 MERIDIAN AVE 12, Miami Beach, FL 33139 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1994 with 1,300 square feet of living space. The property is currently owned by ANDREY PENEV JORDAN PENEV, recorded as of 2026-05-31. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-04-13 for $1,400,000, when VINCENT SINARD sold to ANDREY PENEV. The property has appreciated $500,000 (56%) since the prior sale of $900,000 on 2023-07-24. There are 5 recorded sales for this property.

The 2025 assessed value is $839,968 with a market value of $865,000. The assessed value increased 10% from $763,608 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 $50,453, and the median home value is $285,000. The population density is 20,903 people per square mile.

There are active mortgage liens totaling $697,308 recorded against this property. 325 MERIDIAN AVE 12, 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 2004 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 60% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $1077 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ANDREY PENEV JORDAN PENEV
325 MERIDIAN AVE 12, MIAMI BEACH, FL, 33139
Since: 2026-05-31
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,119 — $12,559
Flood $400 — $800
Property/Wind $6,719 — $11,759

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 →

Mortgages

ACTIVE
$720,000
~$697,308 bal.
LENDING ARENA LLC · 2023-07-24
Est. Total Balance $697,308
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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