1040 BISCAYNE BLVD 2602, Miami, FL 33132

Parcel: 0132310620240 · Residential · Condominium - Residential · Zoning: 6401

Assessed Value (2025)
$1,048,319

Property Details

Beds
2
Baths
2.5
Living Sqft
1,802
Year Built
2007
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$815,000
2007-07-01
2
$800,000-2%
2016-09-21
SANJEEV RATHI &W SAPNA DEBRA SARTOR
3
$850,000+6%
2021-03-22
DEBRA SARTORALEJANDRO ROMERO PANIAGUA

Tax Assessment History

$1,048,319
Assessed (2025)
$1,348,362
Market Value
$1,048,319
Taxable Value
$21,343
Annual Tax
2024
$953,018
$1,280,496
2025
$1,048,319
$1,348,362
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,048,319 $1,348,362 $1,048,319 $21,343
2024 $953,018 $1,280,496 $953,018 $19,403

About 1040 BISCAYNE BLVD 2602, Miami, FL 33132

1040 BISCAYNE BLVD 2602, Miami, FL 33132 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2007 with 1,802 square feet of living space. The property is currently owned by ALEJANDRO ROMERO PANIAGUA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-03-22 for $850,000, when DEBRA SARTOR sold to ALEJANDRO ROMERO PANIAGUA. The property has appreciated $50,000 (6%) since the prior sale of $800,000 on 2016-09-21. There are 3 recorded sales for this property.

The 2025 assessed value is $1,048,319 with a market value of $1,348,362. The assessed value increased 10% from $953,018 in 2024. The median household income in this area is $105,679, and the median home value is $684,600.

The population density is 18,976 people per square mile. There are active mortgage liens totaling $604,662 recorded against this property. 1040 BISCAYNE BLVD 2602, Miami, FL 33132 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 2007 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 123% 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 $472 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ALEJANDRO ROMERO PANIAGUA
1040 BISCAYNE BLVD 2602, MIAMI, FL, 33132
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,689 — $11,283
Flood $400 — $800
Property/Wind $6,289 — $10,483

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$105,679
Median Home Value$684,600
Pop. Density18,976/sq mi

Neighborhood 33132

21.2%
Owner-Occ
78.8%
Investor
432
Flips (4yr)
11,877
New Biz (3yr)
Distress Risk
HIGH
69
View full risk analysis →

Mortgages

ACTIVE
$637,500
~$604,662 bal.
BANK OF AMERICA NA · 2021-12-22
Est. Total Balance $604,662
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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