215 PALM AVE, Miami Beach, FL 33139

Parcel: 0242050020310 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,877,336

Property Details

Beds
3
Baths
4
Living Sqft
5,241
Year Built
2004
Lot Sqft
6,000
Stories
3
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$380,000
2002-04-01
2
$1,500,000+295%
2006-08-01
3
$3,700,000+147%
2021-06-29
JAFAR SHABANISTEPHANIE BALAZS TRS

Tax Assessment History

$2,877,336
Assessed (2025)
$3,484,038
Market Value
$2,826,614
Taxable Value
$57,548
Annual Tax
2024
$2,788,409
$3,458,409
2025
$2,877,336
$3,484,038
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,877,336 $3,484,038 $2,826,614 $57,548
2024 $2,788,409 $3,458,409 $2,738,409 $55,752

About 215 PALM AVE, Miami Beach, FL 33139

215 PALM AVE, Miami Beach, FL 33139 is a 3-bedroom, 4-bathroom residential - single family : 1 unit built in 2004 with 5,241 square feet of living space on a 6,000 square foot lot. The property is currently owned by STEPHANIE BALAZS TRS STEPHANIE BALAZS REV TR, 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 2021-06-29 for $3,700,000, when JAFAR SHABANI sold to STEPHANIE BALAZS TRS. The property has appreciated $2,200,000 (147%) since the prior sale of $1,500,000 on 2006-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,877,336 with a market value of $3,484,038. This breaks down to $1,680,000 for the land and $1,804,038 for the building. The assessed value increased 3% from $2,788,409 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 $189,605, and the median home value is $1,453,400. The population density is 3,945 people per square mile. There are active mortgage liens totaling $2,282,367 recorded against this property.

215 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 2002 to 2021, 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 $706 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

STEPHANIE BALAZS TRS STEPHANIE BALAZS REV TR
215 PALM AVE, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$17,664 — $29,573
Flood $400 — $800
Property/Wind $17,264 — $28,773

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 →

Mortgages

ACTIVE 2.5% rate
$2,590,000
~$2,282,367 bal.
WELLS FARGO BANK NA · 2021-07-09
Est. Total Balance $2,282,367
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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