520 WEST AVE 501, Miami Beach, FL 33139

Parcel: 0242032910010 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$660,660

Property Details

Beds
1
Baths
1
Living Sqft
983
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$525,000
2021-02-25
BENTLEY BAY 501 LLCMICHAEL TOBIAS
2
$645,000+23%
2022-05-05
MICHAEL TOBIASLAWRENCE PATRIZIO
3
$905,000+40%
2024-06-05
LAWRENCE PATRIZIOADAM GUTTMANN
4
$905,000
2024-06-12

Tax Assessment History

$660,660
Assessed (2025)
$660,660
Market Value
$609,938
Taxable Value
$12,418
Annual Tax
2024
$600,600
2025
$660,660
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $660,660 $660,660 $609,938 $12,418
2024 $600,600 $600,600 $600,600 $12,228

About 520 WEST AVE 501, Miami Beach, FL 33139

520 WEST AVE 501, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2004 with 983 square feet of living space. The property is currently owned by ADAM GUTTMANN, 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 2024-06-12 for $905,000. There are 4 recorded sales for this property. The 2025 assessed value is $660,660 with a market value of $660,660.

The assessed value increased 10% from $600,600 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 $67,614, and the median home value is $434,900. The population density is 29,194 people per square mile.

There are active mortgage liens totaling $717,034 recorded against this property. 520 WEST AVE 501, 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 2024, with 4 recorded transactions in the public record. The current assessed value represents 73% of the most recent sale price. Based on the most recent sale, this property traded at $921 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ADAM GUTTMANN
520 WEST AVE 501, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,363 — $7,406
Flood $400 — $800
Property/Wind $3,963 — $6,606

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$67,614
Median Home Value$434,900
Pop. Density29,194/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
$720,000
~$717,034 bal.
CROSSCOUNTRY MORTGAGE LLC · 2026-01-22
1 satisfied mortgage
SATISFIED 2024-06-12
$724,000
CROSSCOUNTRY MORTGAGE LLC
Est. Total Balance $717,034
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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