151 MICHIGAN AVE 543, Miami Beach, FL 33139
Parcel: 0242032091880 · Residential · Condominium - Residential · Zoning: 6506
Assessed Value (2025)
$434,293
Property Details
Beds
2
Baths
2
Living Sqft
940
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$360,000
2003-10-01
2
$415,000+15%
2011-06-30
MATTHEW PISONI → MICHAEL COLACO
3
$100non-market transfer
2025-02-20
MICHAEL COLACO → MICHAEL COLACO TRS
4
N/A
2025-04-01
Tax Assessment History
$434,293
Assessed (2025)
$795,577
Market Value
$383,571
Taxable Value
$7,809
Annual Tax
2024
$422,054
$662,981
2025
$434,293
$795,577
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $434,293 | $795,577 | $383,571 | $7,809 | $0 | $0 |
| 2024 | $422,054 | $662,981 | $372,054 | $7,575 | $0 | $0 |
About 151 MICHIGAN AVE 543, Miami Beach, FL 33139
151 MICHIGAN AVE 543, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2004 with 940 square feet of living space. The property is currently owned by MICHAEL COLACO TRS THE MFC TRUST, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 4 recorded sales for this property. The 2025 assessed value is $434,293 with a market value of $795,577. The assessed value increased 3% from $422,054 in 2024.
The property has the following tax exemptions: homestead. 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 543, 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 2025, with 4 recorded transactions in the public record..
Current Owner
MICHAEL COLACO TRS THE MFC TRUST
151 MICHIGAN AVE 543, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$3,005 — $5,142
Flood $400 — $800
Property/Wind $2,605 — $4,342
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
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