540 WEST AVE 1612, Miami Beach, FL 33139

Parcel: 0242032911170 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$590,773

Property Details

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

Sales History

1
$35,600
2010-09-01
FRANCIS HARVEYBENTLEY BAY CONDO ASSOCIATION INC
2
$52,000+46%
2011-11-09
BENTLEY BAY CONDO ASSOCIATION INCFRANCIS HARVEY
3
$302,500+482%
2011-11-09
FRANCIS HARVEYBRYON G EHRHART TRS

Tax Assessment History

$590,773
Assessed (2025)
$590,773
Market Value
$590,773
Taxable Value
$12,028
Annual Tax
2024
$562,641
2025
$590,773
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $590,773 $590,773 $590,773 $12,028
2024 $562,641 $562,641 $562,641 $11,455

About 540 WEST AVE 1612, Miami Beach, FL 33139

540 WEST AVE 1612, 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 BRYON G EHRHART TRS C/O BGE 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 2011-11-09 for $52,000, when BENTLEY BAY CONDO ASSOCIATION INC sold to FRANCIS HARVEY. The property sold for $250,500 less than the prior sale of $302,500 on 2011-11-09. There are 3 recorded sales for this property.

The 2025 assessed value is $590,773 with a market value of $590,773. The assessed value increased 5% from $562,641 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 $67,614, and the median home value is $434,900. The population density is 29,194 people per square mile.

540 WEST AVE 1612, 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 2010 to 2011, with 3 recorded transactions in the public record.

The current assessed value represents 1136% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $67 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BRYON G EHRHART TRS C/O BGE TRUST
2444 N ORCHARD ST, CHICAGO, IL, 60614
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,944 — $6,707
Flood $400 — $800
Property/Wind $3,544 — $5,907

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 →
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