221 JEFFERSON AVE 1, Miami Beach, FL 33139

Parcel: 0242032520010 · Residential · Condominium - Residential · Zoning: 3002

Assessed Value (2025)
$705,622

Property Details

Beds
2
Baths
2
Living Sqft
1,241
Year Built
2002
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2016-06-16
JACQUELINE SULTONROSY CANCELA
2
$825,000
2021-07-13
ROSY CANCELARICHARD N PADAVICK
3
$1,150,000+39%
2023-06-19
RICHARD N PADAVICKWILLIAM FRANCIS LEARY
4
$1,150,000
2023-07-07

Tax Assessment History

$705,622
Assessed (2025)
$860,955
Market Value
$654,900
Taxable Value
$13,333
Annual Tax
2024
$685,736
$946,104
2025
$705,622
$860,955
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $705,622 $860,955 $654,900 $13,333
2024 $685,736 $946,104 $635,736 $12,943

About 221 JEFFERSON AVE 1, Miami Beach, FL 33139

221 JEFFERSON AVE 1, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2002 with 1,241 square feet of living space. The property is currently owned by WILLIAM FRANCIS LEARY ROBERTA MORBIDELLI LEARY, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-07-07 for $1,150,000. There are 4 recorded sales for this property. The 2025 assessed value is $705,622 with a market value of $860,955.

The assessed value increased 3% from $685,736 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.

There are active mortgage liens totaling $516,918 recorded against this property. 221 JEFFERSON 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 2016 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 61% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $927 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

WILLIAM FRANCIS LEARY ROBERTA MORBIDELLI LEARY
221 JEFFERSON AVE 1, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,633 — $7,856
Flood $400 — $800
Property/Wind $4,233 — $7,056

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
View full risk analysis →

Mortgages

ACTIVE
$548,250
~$516,918 bal.
QUICKEN LOANS LLC · 2021-07-23
Est. Total Balance $516,918
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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