540 WEST AVE 1614, Miami Beach, FL 33139

Parcel: 0242032911600 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$761,833

Property Details

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

Sales History

1
$930,000
2006-02-01
2
$371,000-60%
2011-03-31
LORRIE GARBARZSANDRINE POLOSSON
3
$1,200,000+223%
2025-11-24
SANDRINE POLOSSONBB1614 LLC
4
$1,200,000
2025-12-05

Tax Assessment History

$761,833
Assessed (2025)
$962,741
Market Value
$761,833
Taxable Value
$15,510
Annual Tax
2024
$692,576
$875,219
2025
$761,833
$962,741
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $761,833 $962,741 $761,833 $15,510
2024 $692,576 $875,219 $692,576 $14,100

About 540 WEST AVE 1614, Miami Beach, FL 33139

540 WEST AVE 1614, 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 BB1614 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 2025-12-05 for $1,200,000. There are 4 recorded sales for this property. The 2025 assessed value is $761,833 with a market value of $962,741.

The assessed value increased 10% from $692,576 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. There are active mortgage liens totaling $796,306 recorded against this property.

540 WEST AVE 1614, 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 2006 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 63% 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 $1134 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BB1614 LLC
1200 BRICKELL AVE 800, MIAMI BEACH, FL, 33131
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,970 — $8,418
Flood $400 — $800
Property/Wind $4,570 — $7,618

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
$799,600
~$796,306 bal.
CHAMPIONS FUNDING LLC · 2026-01-23
Est. Total Balance $796,306
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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