26 STAR ISLAND DR, Miami Beach, FL 33139

Parcel: 0242040010210 · Residential - Single Family · Additional Living Quarters · Zoning: 2200

Assessed Value (2025)
$49,952,286

Property Details

Beds
6
Baths
7
Living Sqft
18,704
Year Built
1992
Lot Sqft
106,888
Stories
2
RESIDENTIAL - SINGLE FAMILY : ADDITIONAL LIVING QUARTERS

Sales History

1
$16,000,000
2009-06-19
LESTER KNISPEL TRSGARDEN ISLANDS INTERNATIONAL LLC
2
N/Anon-market transfer
2025-02-27
GARDEN ISLANDS INTERNATIONAL LLCCONSTELLATION DRIVE LLC
3
$120,000,000
2025-02-27
GARDEN ISLANDS INTERNATIONAL LLCCONSTELLATION DRIVE LLC
4
$120,000,000
2025-03-06
5
N/A
2025-03-06

Tax Assessment History

$49,952,286
Assessed (2025)
$74,495,781
Market Value
$49,952,286
Taxable Value
$1,016,989
Annual Tax
2024
$45,615,720
$72,386,873
2025
$49,952,286
$74,495,781
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $49,952,286 $74,495,781 $49,952,286 $1,016,989
2024 $45,615,720 $72,386,873 $45,615,720 $928,700

About 26 STAR ISLAND DR, Miami Beach, FL 33139

26 STAR ISLAND DR, Miami Beach, FL 33139 is a 6-bedroom, 7-bathroom residential - single family : additional living quarters built in 1992 with 18,704 square feet of living space on a 106,888 square foot lot. The property is currently owned by CONSTELLATION DRIVE LLC C/O MICHAEL FERRO, 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 2025-03-06 for $120,000,000. There are 5 recorded sales for this property. The 2025 assessed value is $49,952,286 with a market value of $74,495,781.

This breaks down to $67,339,440 for the land and $7,156,341 for the building. The assessed value increased 10% from $45,615,720 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 $189,605, and the median home value is $1,453,400. The population density is 3,945 people per square mile.

26 STAR ISLAND DR, 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 2009 to 2025, with 5 recorded transactions in the public record.

The current assessed value represents 42% 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 $6416 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

CONSTELLATION DRIVE LLC C/O MICHAEL FERRO
1000 BISCAYNE BLVD PH57, MIAMI, FL, 33132
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$499,922 — $899,941
Flood $400 — $800
Property/Wind $499,522 — $899,141

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$189,605
Median Home Value$1,453,400
Pop. Density3,945/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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