540 WEST AVE 612, Miami Beach, FL 33139

Parcel: 0242032911080 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$271,286

Property Details

Beds
1
Baths
1
Living Sqft
779
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$371,000
2005-03-01
2
$680,000+83%
2022-05-11
IGNACIO RECONDOCARLOS SERRANO

Tax Assessment History

$271,286
Assessed (2025)
$564,150
Market Value
$220,564
Taxable Value
$4,491
Annual Tax
2024
$263,641
$537,286
2025
$271,286
$564,150
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $271,286 $564,150 $220,564 $4,491
2024 $263,641 $537,286 $213,641 $4,350

About 540 WEST AVE 612, Miami Beach, FL 33139

540 WEST AVE 612, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2004 with 779 square feet of living space. The property is currently owned by CARLOS SERRANO FLAVIE SERRANO, 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 2022-05-11 for $680,000, when IGNACIO RECONDO sold to CARLOS SERRANO. The property has appreciated $309,000 (83%) since the prior sale of $371,000 on 2005-03-01. The 2025 assessed value is $271,286 with a market value of $564,150.

The assessed value increased 3% from $263,641 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.

540 WEST AVE 612, 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 2005 to 2022, with 2 recorded transactions in the public record.

The current assessed value represents 40% 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 $873 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

CARLOS SERRANO FLAVIE SERRANO
540 WEST AVE 612, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,027 — $3,800
Flood $400 — $800
Property/Wind $1,627 — $3,000

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 →
Zoom in to see property sales