650 WEST AVE 1503, Miami Beach, FL 33139

Parcel: 0242040140680 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$555,921

Property Details

Beds
2
Baths
2
Living Sqft
1,078
Year Built
1997
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2013-03-23
LYDIA BORGATTAEDALSA HOLDINGS LLLP
2
$525,000
2017-05-19
EDALSA HOLDINGS LLLPFLORIDIAN 1503 LLC
3
$715,000+36%
2017-11-29
FLORIDIAN 1503 LLCERIC MITCHELL

Tax Assessment History

$555,921
Assessed (2025)
$859,721
Market Value
$500,199
Taxable Value
$10,184
Annual Tax
2024
$540,254
$859,721
2025
$555,921
$859,721
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $555,921 $859,721 $500,199 $10,184
2024 $540,254 $859,721 $485,254 $9,879

About 650 WEST AVE 1503, Miami Beach, FL 33139

650 WEST AVE 1503, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1997 with 1,078 square feet of living space. The property is currently owned by ERIC MITCHELL MARVENA MITCHELL, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-11-29 for $715,000, when FLORIDIAN 1503 LLC sold to ERIC MITCHELL. The property has appreciated $190,000 (36%) since the prior sale of $525,000 on 2017-05-19. There are 3 recorded sales for this property.

The 2025 assessed value is $555,921 with a market value of $859,721. The assessed value increased 3% from $540,254 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. 650 WEST AVE 1503, 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 2013 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $663 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ERIC MITCHELL MARVENA MITCHELL
650 WEST AVE 1503, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,847 — $8,582
Flood $400 — $800
Property/Wind $4,447 — $7,782

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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