Miami-Dade County  »  33139  »  11th St  »  1240 11th St

1240 11th Street, Miami Beach, FL 33139 - Property report

Also known as: 1240 11th St

Property image for 1240 11th Street, Miami Beach, FL 33139
static Mapbox map

Property type

Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)

Year built

1953

Acreage

0.224

Sale price

$5,400,000

General information

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Address
Primary address
1240 11th Street
ZIP code
33139
County
Miami-Dade
Municipality
02
Neighborhood
023234025
Parcel ID
0232340250260
Qualifier

Owner

Find out who owns 1240 11th Street, Miami Beach, FL 33139. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/24/2023
Sale price
$5,400,000
Arm's length
Tax
Tax year
2025
Current property tax
$71,101
Building
Property type
Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)
Building sq. ft.
11,514
Buildings on lot
1
Stories
2
Year built
1953
Lot
Total sq. ft.
11,514
Acreage
0.224
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
48 /100.  Some Transit
Bike score
73 /100.  Very Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 1240 11th Street, Miami Beach, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1240 11th Street, Miami Beach, FL 33139

Sale date Sale price Buyer name Seller name
08/24/2023 $5,400,000 XXXX XXXX XX XXX XXXX XXXX XXX
06/02/2022 $4,525,000 XXXX XXXX XXX XXXXXX XXXXXX XXX
07/31/2008 $10 XXXXXX XXXXXX XXX XXXXXX, XXXXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
08/31/2023 - R
08/24/2023 - D
First Mortgage and Security Agreement XXXX XXXX XX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
08/31/2023 - R
08/24/2023 - D
Deed XXXX XXXX XXX XXXX XXXX XX XXX
06/07/2022 - R
06/02/2022 - D
Assignment XXXX XXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
06/07/2022 - R
06/02/2022 - D
First Mortgage and Security Agreement XXXX XXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
06/07/2022 - R
06/02/2022 - D
Lease XXXXXX XXXXXX XXX XXXX XXXX XXX
06/07/2022 - R
06/02/2022 - D
Deed XXXXXX XXXXXX XXX XXXX XXXX XXX
07/31/2008 - R Warranty Deed XXXXXX, XXXXXX XXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1240 11th Street, Miami Beach, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$71,101
Recent tax assessments
Market value
$3,790,000
Land value
$2,437,500
Building value
$1,352,500
Assessed value
$3,790,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $3,790,000 $3,790,000 18.7601 $71,101 -9.91%
2024 $4,200,000 $4,200,000 18.7913 $78,923 +19.84%
2023 $3,485,000 $3,485,000 18.8967 $65,855 +43.20%
2022 $2,447,500 $2,447,500 18.7893 $45,987 -2.69%
2021 $2,447,500 $2,447,500 19.3081 $47,257 -0.27%
2020 $2,447,500 $2,447,500 19.3596 $47,383 -0.10%
2019 $2,447,500 $2,415,765 19.3785 $47,429 +3.05%
2018 $2,447,500 $2,196,150 18.8042 $46,023 -3.71%
2017 $2,510,000 $1,996,500 19.043 $47,798 +0.91%
2016 $2,438,500 $1,815,000 19.4244 $47,366 +44.89%

Permit information for 1240 11th Street, Miami Beach, FL

No recently recorded permits for this property.

Miami Beach residential market stats

Access a detailed real estate market overview of Miami Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami Beach and compare it to other neighborhoods in Miami-Dade.

Median sale price

$620,000

7.9% Y-o-Y

Median price/sq. ft.

$622

-4.5% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami Beach and see how their prices compare.

Demographics by ZIP code

Total population
33,753
Median age
43.6
Average household income
$148,138
Family households
34.4%
People per household (average)
1.68
Occupied housing units
19,822
Owner-occupied units
37.2%
Median year structure built
1970
Median value mortgaged units
$495,300
Median value unmortgaged units
$467,200

Risk

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FEMA flood zones

FEMA flood zones
AE

Transportation

Daily traffic map

Access the detailed traffic volume map for 1240 11th Street, Miami Beach, FL 33139 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 1240 11th Street, Miami Beach, FL 33139?

The development at 1240 11th Street, Miami Beach, FL 33139 was built in 1953.

What is the total square footage of 1240 11th Street, Miami Beach, FL 33139?

1240 11th Street, Miami Beach, FL 33139 has a total of 11,514 square feet.

When was 1240 11th Street, Miami Beach, FL 33139 last sold and what was the sale price?

1240 11th Street, Miami Beach, FL 33139 was last sold on 08/24/2023 for $5,400,000.

What is the assessed value of 1240 11th Street, Miami Beach, FL 33139?

1240 11th Street, Miami Beach, FL 33139 is currently assessed at $3,790,000.

What are the property taxes for 1240 11th Street, Miami Beach, FL 33139?

The property taxes for 1240 11th Street, Miami Beach, FL 33139 total $71,100.

How many residential units does this building have?

This building has 14 residential unit(s).

Disclaimer

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