151 MICHIGAN AVE 542, Miami Beach, FL 33139

Parcel: 0242032091870 · Residential · Condominium - Residential · Zoning: 6506

Assessed Value (2025)
$1,005,065

Property Details

Beds
3
Baths
3
Living Sqft
1,485
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$800,000
2005-07-01
2
$830,000+4%
2013-10-28
ETTORE RIELLOKEVIN VAEZ
3
$100non-market transfer
2020-05-15
KEVIN VAEZKEVIN VAEZ TRS

Tax Assessment History

$1,005,065
Assessed (2025)
$1,070,899
Market Value
$1,005,065
Taxable Value
$20,462
Annual Tax
2024
$913,696
$1,070,899
2025
$1,005,065
$1,070,899
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,005,065 $1,070,899 $1,005,065 $20,462
2024 $913,696 $1,070,899 $913,696 $18,602

About 151 MICHIGAN AVE 542, Miami Beach, FL 33139

151 MICHIGAN AVE 542, Miami Beach, FL 33139 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 2004 with 1,485 square feet of living space. The property is currently owned by KEVIN VAEZ TRS KEVIN VAEZ TRUST OF MAY 2020, 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 2020-05-15 for $100, when KEVIN VAEZ sold to KEVIN VAEZ TRS. The property sold for $829,900 less than the prior sale of $830,000 on 2013-10-28. There are 3 recorded sales for this property.

The 2025 assessed value is $1,005,065 with a market value of $1,070,899. The assessed value increased 10% from $913,696 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.

151 MICHIGAN AVE 542, 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 2005 to 2020, with 3 recorded transactions in the public record..

Current Owner

KEVIN VAEZ TRS KEVIN VAEZ TRUST OF MAY 2020
328 LEICESTER RD, KENILWORTH, IL, 60043
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,430 — $10,850
Flood $400 — $800
Property/Wind $6,030 — $10,050

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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