540 WEST AVE 1014, Miami Beach, FL 33139

Parcel: 0242032911550 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$939,294

Property Details

Beds
2
Baths
2
Living Sqft
1,058
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2008-11-14
GHULAM INAYATREO PROPERTIES CORPORATION
2
$455,000
2009-04-07
REO PROPERTIES CORPORATIONGIORGIO BERTA
3
$540,000+19%
2012-08-21
GIORGIO BERTABB 1014 LLC

Tax Assessment History

$939,294
Assessed (2025)
$939,294
Market Value
$939,294
Taxable Value
$19,123
Annual Tax
2024
$853,904
2025
$939,294
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $939,294 $939,294 $939,294 $19,123
2024 $853,904 $853,904 $853,904 $17,385

About 540 WEST AVE 1014, Miami Beach, FL 33139

540 WEST AVE 1014, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2004 with 1,058 square feet of living space. The property is currently owned by BB 1014 LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-08-21 for $540,000, when GIORGIO BERTA sold to BB 1014 LLC. The property has appreciated $85,000 (19%) since the prior sale of $455,000 on 2009-04-07. There are 3 recorded sales for this property.

The 2025 assessed value is $939,294 with a market value of $939,294. The assessed value increased 10% from $853,904 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 1014, 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 2008 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 174% 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 $510 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BB 1014 LLC
220 FIFTH AVENUE STE #400, NEW YORK, NY, 10001
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,035 — $10,192
Flood $400 — $800
Property/Wind $5,635 — $9,392

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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