540 WEST AVE 2214, Miami Beach, FL 33139

Parcel: 0242032911660 · Residential · Condominium - Residential · Zoning: 6505

Assessed Value (2025)
$848,733

Property Details

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

Sales History

1
$485,000
2010-10-05
JOE S BARBATAURELIO T MORGANO JTRS
2
$100non-market transfer
2011-01-11
JOE S BARBAT AURELIO TOMASI MORGANO JTRS
3
$650,000
2020-09-08
AURELIO TOMASI MORGANOTIMOTHY P CARR

Tax Assessment History

$848,733
Assessed (2025)
$992,048
Market Value
$798,011
Taxable Value
$16,247
Annual Tax
2024
$824,814
$901,862
2025
$848,733
$992,048
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $848,733 $992,048 $798,011 $16,247
2024 $824,814 $901,862 $774,814 $15,775

About 540 WEST AVE 2214, Miami Beach, FL 33139

540 WEST AVE 2214, 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 TIMOTHY P CARR, 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 2020-09-08 for $650,000, when AURELIO TOMASI MORGANO sold to TIMOTHY P CARR . The property has appreciated $649,900 (649900%) since the prior sale of $100 on 2011-01-11. There are 3 recorded sales for this property.

The 2025 assessed value is $848,733 with a market value of $992,048. The assessed value increased 3% from $824,814 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 2214, 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 2020, with 3 recorded transactions in the public record. The current assessed value represents 131% 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 $614 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

TIMOTHY P CARR
540 WEST AVE 2214, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,492 — $9,287
Flood $400 — $800
Property/Wind $5,092 — $8,487

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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