561 BAY POINT RD, Miami, FL 33137

Parcel: 0132190080030 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$3,531,942

Property Details

Beds
5
Baths
5.5
Living Sqft
4,086
Year Built
1953
Lot Sqft
13,485
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1997-04-01
2
$1,464,000
2016-05-31
BARBARA S RUBINALEX REDONDO
3
$4,000,000+173%
2021-02-01
ALEX REDONDOMICHAEL J THOMAS

Tax Assessment History

$3,531,942
Assessed (2025)
$5,022,504
Market Value
$3,481,220
Taxable Value
$70,875
Annual Tax
2024
$3,432,403
$4,777,615
2025
$3,531,942
$5,022,504
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,531,942 $5,022,504 $3,481,220 $70,875
2024 $3,432,403 $4,777,615 $3,382,403 $68,863

About 561 BAY POINT RD, Miami, FL 33137

561 BAY POINT RD, Miami, FL 33137 is a 5-bedroom, 5.5-bathroom residential - single family : 1 unit built in 1953 with 4,086 square feet of living space on a 13,485 square foot lot. The property is currently owned by MICHAEL J THOMAS KATHLYN M THOMAS, 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 2021-02-01 for $4,000,000, when ALEX REDONDO sold to MICHAEL J THOMAS. The property has appreciated $2,536,000 (173%) since the prior sale of $1,464,000 on 2016-05-31. There are 3 recorded sales for this property.

The 2025 assessed value is $3,531,942 with a market value of $5,022,504. This breaks down to $2,697,000 for the land and $2,325,504 for the building. The assessed value increased 3% from $3,432,403 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $96,833, and the median home value is $1,188,500. The population density is 4,093 people per square mile.

561 BAY POINT RD, Miami, FL 33137 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1997 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 88% of the most recent sale price. Based on the most recent sale, this property traded at $979 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MICHAEL J THOMAS KATHLYN M THOMAS
561 BAY POINT RD, MIAMI, FL, 33137
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$42,783 — $78,502
Flood $400 — $800
Property/Wind $42,383 — $77,702

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$96,833
Median Home Value$1,188,500
Pop. Density4,093/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
Zoom in to see property sales