1051 MICHIGAN AVE 2, Miami Beach, FL 33139

Parcel: 0242032490020 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$259,070

Property Details

Beds
1
Baths
2
Living Sqft
757
Year Built
1940
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$227,000
2021-06-01
ROBERT WAYNE HENDRIX IIIWILLIAM HOFER
2
$300,000+32%
2022-08-31
WILLIAM HOFERLOREN QUENTIN MURPHY
3
$300,000
2022-09-02
4
$366,000+22%
2023-12-05
LOREN QUENTIN MURPHYENDRES 1051 LLC
5
$366,000
2023-12-27

Tax Assessment History

$259,070
Assessed (2025)
$259,070
Market Value
$259,070
Taxable Value
$5,274
Annual Tax
2024
$287,855
2025
$259,070
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $259,070 $259,070 $259,070 $5,274
2024 $287,855 $287,855 $287,855 $5,860

About 1051 MICHIGAN AVE 2, Miami Beach, FL 33139

1051 MICHIGAN AVE 2, Miami Beach, FL 33139 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1940 with 757 square feet of living space. The property is currently owned by ENDRES 1051 LLC, 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 2023-12-27 for $366,000. There are 5 recorded sales for this property. The 2025 assessed value is $259,070 with a market value of $259,070.

The assessed value decreased 10% from $287,855 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 $74,411, and the median home value is $356,900. The population density is 11,378 people per square mile. There are active mortgage liens totaling $278,766 recorded against this property.

1051 MICHIGAN AVE 2, 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 2021 to 2023, with 5 recorded transactions in the public record.

The current assessed value represents 71% of the most recent sale price. Based on the most recent sale, this property traded at $483 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ENDRES 1051 LLC
1051 MICHIGAN AVE 2, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,508 — $6,499
Flood $400 — $800
Property/Wind $3,108 — $5,699

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$74,411
Median Home Value$356,900
Pop. Density11,378/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
$291,000
~$278,766 bal.
UNITED WHOLESALE MORTGAGE LLC · 2022-09-02
1 satisfied mortgage
SATISFIED 2021-06-10
$147,550
PREFERRED MORTGAGE BANKERS LLC
Est. Total Balance $278,766
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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