245 MICHIGAN AVE LP-8, Miami Beach, FL 33139

245 MICHIGAN AVE LP-8, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2004 with 1,444 square feet of living space. The property is currently owned by GIACOMO PARIS TRS PARIS FAMILY 2021 TRUST, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-06-06 for $1,050,000. There are 4 recorded sales for this property. The 2025 assessed value is $693,141 with a market value of $1,112,575.

The assessed value increased 10% from $630,129 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 $87,115, and the median home value is $2,000,001. The population density is 7,330 people per square mile. 245 MICHIGAN AVE LP-8, 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 2004 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 66% 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 $727 per square foot — a key metric for comparing value across Miami Beach's real estate market..