800 1 ST 1, Miami Beach, FL 33139

Parcel: 0242033760010 · Hotel Or Motel · Condominium · Zoning: 6502

Assessed Value (2025)
$5,320,779

Property Details

Living Sqft
19,496
Year Built
2017
HOTEL OR MOTEL : CONDOMINIUM

Sales History

1
$2,730,000
2017-12-19
FIRST STREET DEVELOPMENT LLCRUSSEL W GALBUT

Tax Assessment History

$5,320,779
Assessed (2025)
$5,887,792
Market Value
$5,270,057
Taxable Value
$107,294
Annual Tax
2024
$5,170,826
$5,887,792
2025
$5,320,779
$5,887,792
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $5,320,779 $5,887,792 $5,270,057 $107,294
2024 $5,170,826 $5,887,792 $5,120,826 $104,256

About 800 1 ST 1, Miami Beach, FL 33139

800 1 ST 1, Miami Beach, FL 33139 is a hotel or motel : condominium built in 2017 with 19,496 square feet of living space. The property is currently owned by RUSSEL W GALBUT RONALEE GALBUT, 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 2017-12-19 for $2,730,000, when FIRST STREET DEVELOPMENT LLC sold to RUSSEL W GALBUT. The 2025 assessed value is $5,320,779 with a market value of $5,887,792. The assessed value increased 3% from $5,170,826 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 $87,115, and the median home value is $2,000,001. The population density is 7,330 people per square mile. 800 1 ST 1, 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 current assessed value represents 195% 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 $140 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

RUSSEL W GALBUT RONALEE GALBUT
2200 BISCAYNE BLVD, MIAMI, FL, 33137
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$32,324 — $54,007
Flood $400 — $800
Property/Wind $31,924 — $53,207

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$87,115
Median Home Value$2,000,001
Pop. Density7,330/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 →
Zoom in to see property sales