7 PALM AVE, Miami Beach, FL 33139

7 PALM AVE, Miami Beach, FL 33139 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1954 with 2,823 square feet of living space on a 17,674 square foot lot. The property is currently owned by BERDAN GROUP CORPORATION C/O KRAUSE & BAXTER, 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 2012-04-16 for $5,200,000, when 7 PALM AVE LLC sold to BERDAN GROUP CORP. The property has appreciated $655,000 (14%) since the prior sale of $4,545,000 on 2010-08-20. There are 3 recorded sales for this property.

The 2025 assessed value is $9,571,399 with a market value of $13,164,203. This breaks down to $12,371,800 for the land and $792,403 for the building. The assessed value increased 10% from $8,701,272 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. 7 PALM AVE, 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 2007 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 184% 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 $1842 per square foot — a key metric for comparing value across Miami Beach's real estate market..