557 MICHIGAN AVE 212, Miami Beach, FL 33139
Parcel: 0242033640040 · Residential · Condominium - Residential · Zoning: 0000
Assessed Value (2025)
$192,564
Property Details
Beds
1
Baths
1
Living Sqft
521
Year Built
1945
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$100non-market transfer
2021-06-18
WILLIAM P VALLEJOS → WILLIAM P VALLEJOS
2
$100non-market transfer
2022-09-02
WILLIAM P VALLEJOS → WILLIAMS P VALLEJOS
3
N/A
2022-09-09
4
$100non-market transfer
2025-09-03
WILLIAM P VALLEJOS → WILLIAM P VALLEJOS
5
N/A
2025-09-08
Tax Assessment History
$192,564
Assessed (2025)
$192,564
Market Value
$192,564
Taxable Value
$3,920
Annual Tax
2024
$211,820
$240,705
2025
$192,564
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $192,564 | $192,564 | $192,564 | $3,920 | $0 | $0 |
| 2024 | $211,820 | $240,705 | $211,820 | $4,312 | $0 | $0 |
About 557 MICHIGAN AVE 212, Miami Beach, FL 33139
557 MICHIGAN AVE 212, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1945 with 521 square feet of living space. The property is currently owned by WILLIAM P VALLEJOS ELIANA RAQUEL VALLEJOS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 5 recorded sales for this property. The 2025 assessed value is $192,564 with a market value of $192,564. The assessed value decreased 9% from $211,820 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 $48,292, and the median home value is $190,800.
The population density is 25,929 people per square mile. 557 MICHIGAN AVE 212, 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 2021 to 2025, with 5 recorded transactions in the public record..
Current Owner
WILLIAM P VALLEJOS ELIANA RAQUEL VALLEJOS
500 ALTON RD 1002, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$2,710 — $5,036
Flood $400 — $800
Property/Wind $2,310 — $4,236
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$48,292
Median Home Value$190,800
Pop. Density25,929/sq mi
Neighborhood 33139
20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
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