642 MICHIGAN AVE 1, Miami Beach, FL 33139

Parcel: 0242032210010 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$151,092

Property Details

Beds
1
Baths
1
Living Sqft
525
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$102,000
2002-09-01
2
$119,900+18%
2004-01-01
3
$85,000-29%
2010-04-09
FABIAN RUALESAQUARIS 2009A LLC

Tax Assessment History

$151,092
Assessed (2025)
$151,092
Market Value
$151,092
Taxable Value
$3,076
Annual Tax
2024
$158,389
$159,044
2025
$151,092
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $151,092 $151,092 $151,092 $3,076
2024 $158,389 $159,044 $158,389 $3,225

About 642 MICHIGAN AVE 1, Miami Beach, FL 33139

642 MICHIGAN AVE 1, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 525 square feet of living space. The property is currently owned by AQUARIUS 2009A LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2010-04-09 for $85,000, when FABIAN RUALES sold to AQUARIS 2009A LLC. The property sold for $34,900 less than the prior sale of $119,900 on 2004-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $151,092 with a market value of $151,092. The assessed value decreased 5% from $158,389 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 $48,292, and the median home value is $190,800. The population density is 25,929 people per square mile.

642 MICHIGAN AVE 1, 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 2002 to 2010, with 3 recorded transactions in the public record.

The current assessed value represents 178% 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 $162 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

AQUARIUS 2009A LLC
6345 COLLINS AVE CU11, MIAMI BEACH, FL, 33141
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,213 — $4,124
Flood $400 — $800
Property/Wind $1,813 — $3,324

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$48,292
Median Home Value$190,800
Pop. Density25,929/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