240 PALM AVE, Miami Beach, FL 33139

240 PALM AVE, Miami Beach, FL 33139 is a 4-bedroom, 5-bathroom residential - single family : 1 unit built in 2016 with 3,617 square feet of living space on a 7,200 square foot lot. The property is currently owned by CHRISTIAN MARCO IACOVELLI, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-02-03 for $3,100,000, when NICK RIVERA CAMINERO sold to CHRISTIAN MARCO IACOVELLI. The property sold for $300,000 less than the prior sale of $3,400,000 on 2018-08-02. There are 3 recorded sales for this property.

The 2025 assessed value is $2,822,818 with a market value of $3,276,968. This breaks down to $2,016,000 for the land and $1,260,968 for the building. The assessed value increased 3% from $2,743,264 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 $1,303,208 recorded against this property.

240 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 2013 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $857 per square foot — a key metric for comparing value across Miami Beach's real estate market..