642 MICHIGAN AVE 21, Miami Beach, FL 33139

Parcel: 0242032210030 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$156,634

Property Details

Beds
2
Baths
1
Living Sqft
525
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$95,000
2009-03-09
DEUTSCHE BANK NATIONAL TRUST CO TRKI TO CHEUNG
2
$165,000+74%
2021-02-03
KI TO CHEUNGBRANDON REED
3
$190,000+15%
2025-02-14
BRANDON REEDNERJA PROPERTY LLC
4
$190,000
2025-02-21

Tax Assessment History

$156,634
Assessed (2025)
$156,634
Market Value
$156,634
Taxable Value
$3,189
Annual Tax
2024
$164,199
$164,878
2025
$156,634
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $156,634 $156,634 $156,634 $3,189
2024 $164,199 $164,878 $164,199 $3,343

About 642 MICHIGAN AVE 21, Miami Beach, FL 33139

642 MICHIGAN AVE 21, Miami Beach, FL 33139 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 525 square feet of living space. The property is currently owned by NERJA PROPERTY 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 2025-02-21 for $190,000. There are 4 recorded sales for this property. The 2025 assessed value is $156,634 with a market value of $156,634.

The assessed value decreased 5% from $164,199 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. There are active mortgage liens totaling $123,690 recorded against this property.

642 MICHIGAN AVE 21, 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 2009 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 82% of the most recent sale price. Based on the most recent sale, this property traded at $362 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

NERJA PROPERTY LLC
1390 BRICKELL AVE 275, MIAMI, FL, 33131
Since: 2026-03-29
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People Behind This Entity

Registered Agent: SANTA FRANCESCA LLC
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,279 — $4,245
Flood $400 — $800
Property/Wind $1,879 — $3,445

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 →

Mortgages

ACTIVE
$132,000
~$123,690 bal.
VAN DYK MORTGAGE CORP · 2021-02-09
Est. Total Balance $123,690
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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