1040 BISCAYNE BLVD 2608, Miami, FL 33132

Parcel: 0132310621720 · Residential · Condominium - Residential · Zoning: 6401

Assessed Value (2025)
$342,378

Property Details

Beds
1
Baths
1.5
Living Sqft
808
Year Built
2007
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$319,000
2017-07-10
COISA LINDA PROPERTIES LLCHASMIT POPAT
2
$350,000+10%
2021-05-21
HASMIT POPATEDWARD MARC FERNANDEZ
3
$550,500+57%
2022-08-05
EDWARD MARC FERNANDEZBRUCE CANNELLA
4
$550,500
2022-08-17

Tax Assessment History

$342,378
Assessed (2025)
$393,385
Market Value
$291,656
Taxable Value
$5,938
Annual Tax
2024
$332,729
$405,552
2025
$342,378
$393,385
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $342,378 $393,385 $291,656 $5,938
2024 $332,729 $405,552 $282,729 $5,756

About 1040 BISCAYNE BLVD 2608, Miami, FL 33132

1040 BISCAYNE BLVD 2608, Miami, FL 33132 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 2007 with 808 square feet of living space. The property is currently owned by BRUCE CANNELLA, 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 2022-08-17 for $550,500. There are 4 recorded sales for this property. The 2025 assessed value is $342,378 with a market value of $393,385.

The assessed value increased 3% from $332,729 in 2024. The property has the following tax exemptions: homestead. 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 $186,327 recorded against this property. 1040 BISCAYNE BLVD 2608, 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 2017 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 62% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $681 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

BRUCE CANNELLA
1040 BISCAYNE BLVD 2608, MIAMI, FL, 33132
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,454 — $4,223
Flood $400 — $800
Property/Wind $2,054 — $3,423

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 4.25% rate
$200,000
~$186,327 bal.
BETHPAGE FCU · 2022-08-17
1 satisfied mortgage
SATISFIED 2021-05-28
$255,000
PRIMARY RESIDENTIAL MORTGAGE INC
Est. Total Balance $186,327
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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