700 LAKE RD, Miami, FL 33137

700 LAKE RD, Miami, FL 33137 is a 6-bedroom, 5-bathroom residential - single family : 1 unit built in 1981 with 5,126 square feet of living space on a 19,110 square foot lot. The property is currently owned by AURELIO E FERNANDEZ TRS FERNANDEZ FAMILY TRUST AGRMT, 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 2021-04-22 for $5,300,000, when BLUE CAPITAL MANAGEMENT INC sold to AURELIO E FERNANDEZ TRS. The property has appreciated $184,000 (4%) since the prior sale of $5,116,000 on 2013-09-19. There are 3 recorded sales for this property.

The 2025 assessed value is $6,389,520 with a market value of $9,518,072. This breaks down to $8,599,500 for the land and $918,572 for the building. The assessed value increased 10% from $5,808,655 in 2024.

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 $96,833, and the median home value is $1,188,500.

The population density is 4,093 people per square mile. 700 LAKE 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 2013 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 121% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $1034 per square foot — a key metric for comparing value across Miami's real estate market..