Miami-Dade County  »  33139  »  Washington Ave  »  550 Washington Ave

550 Washington Avenue, Miami Beach, FL 33139 - Property report

Also known as: 550 Washington Ave

Property image for 550 Washington Avenue, Miami Beach, FL 33139
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Property type

Warehouse (SCILSI)

Year built

1945

Acreage

0.312

Sale price

$13,000,000

General information

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Address
Primary address
550 Washington Avenue
ZIP code
33139
County
Miami-Dade
Municipality
02
Neighborhood
024203009
Parcel ID
0242030091900
Qualifier

Owner

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Sales
Sale date
07/16/2020
Sale price
$13,000,000
Arm's length
Tax
Tax year
2025
Current property tax
$136,129
Building
Property type
Warehouse
Building sq. ft.
25,589
Buildings on lot
1
Stories
4
Year built
1945
Lot
Total sq. ft.
25,589
Acreage
0.312
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
50 /100.  Good Transit
Bike score
84 /100.  Very Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 550 Washington Avenue, Miami Beach, FL

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

Sales history for 550 Washington Avenue, Miami Beach, FL 33139

Sale date Sale price Buyer name Seller name
07/16/2020 $13,000,000 XXX XXXXXXXX XXX XXX XXXX XXXXXXXXXXX XXX
12/08/1992 $975,000 XXX XXXX XXXXXXXXXXX XXX XX-XXXX XXXXXXXXXXX XXX

*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 #
07/20/2020 - R
07/16/2020 - D
Notice of Commencement XXXXX XXXXXXX
07/20/2020 - R
07/16/2020 - D
Deed XXX XXXX XXXXXXXXXXX XXX XXX XXXXXXXX XXX
04/02/2020 - R
03/25/2020 - D
Partial Release of Mortgage XXX XXXX XXXXXXXXX XXX XXXX XX XXX XXXXXX
05/21/2002 - R Notice of Commencement XXXXXXX XXXXXXXXXXX
09/03/1993 - R Notice of Commencement XXXXXXXXX, XXXXXX
12/08/1992 - R Warranty Deed XX-XXXX XXXXXXXXXXX XXX XXX XXXX XXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 550 Washington Avenue, 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
$136,129
Recent tax assessments
Market value
$7,256,280
Land value
$3,804,080
Building value
$3,452,200
Assessed value
$7,256,280

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 $7,256,280 $7,256,280 18.7601 $136,129 +89.41%
2024 $3,824,614 $3,824,614 18.7913 $71,869 -0.52%
2023 $3,823,331 $3,823,331 18.8967 $72,248 +0.56%
2022 $3,823,680 $3,823,680 18.7893 $71,844 -66.63%
2021 $11,150,000 $11,150,000 19.3081 $215,285 +94.52%
2020 $5,716,782 $4,191,805 19.3596 $110,675 +0.82%
2019 $5,664,979 $3,810,732 19.3785 $109,779 -12.15%
2018 $6,645,400 $3,464,302 18.8042 $124,961 +37.49%
2017 $4,772,762 $3,149,366 19.043 $90,888 +11.55%
2016 $4,194,543 $4,194,543 19.4244 $81,476 +47.45%

Permit information for 550 Washington Avenue, 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 550 Washington Avenue, 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 550 Washington Avenue, Miami Beach, FL 33139?

The development at 550 Washington Avenue, Miami Beach, FL 33139 was built in 1945.

What is the market value of 550 Washington Avenue, Miami Beach, FL 33139?

The current market value of 550 Washington Avenue, Miami Beach, FL 33139 is $7,256,280.

What is the total square footage of 550 Washington Avenue, Miami Beach, FL 33139?

550 Washington Avenue, Miami Beach, FL 33139 has a total of 25,589 square feet.

What is the price per square foot for this property?

$508 per square foot is the price for 550 Washington Avenue, Miami Beach, FL 33139.

Disclaimer

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