227 MICHIGAN AVE 303, Miami Beach, FL 33139

227 MICHIGAN AVE 303, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2000 with 1,030 square feet of living space. The property is currently owned by RAUL N VARGAS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2008-10-20 for $350,000, when SHARIF BULA sold to RAUL N VARGAS. The property sold for $200,000 less than the prior sale of $550,000 on 2006-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $587,466 with a market value of $587,466. 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. 227 MICHIGAN AVE 303, 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 2008, with 3 recorded transactions in the public record. The current assessed value represents 168% 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 $340 per square foot — a key metric for comparing value across Miami Beach's real estate market..