531 BAY POINT RD, Miami, FL 33137

531 BAY POINT RD, Miami, FL 33137 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1991 with 4,087 square feet of living space on a 14,007 square foot lot. The property is currently owned by SHAHBOD RASSOULIAN BOUCHHRA MRABET, 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 2017-07-17 for $1,500,000, when MIRIAM LOPEZ TRS sold to SHAHBOD RASSOULIAN. The property has appreciated $1,499,900 (1499900%) since the prior sale of $100 on 2017-06-13. There are 3 recorded sales for this property.

The 2025 assessed value is $1,247,982 with a market value of $3,476,837. This breaks down to $2,801,400 for the land and $675,437 for the building. The assessed value increased 3% from $1,212,811 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

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. There are active mortgage liens totaling $1,037,828 recorded against this property.

531 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 1990 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $367 per square foot — a key metric for comparing value across Miami's real estate market..