1 GROVE ISLE DR A507, Miami, FL 33133

Parcel: 0141140151060 · Residential · Condominium - Residential · Zoning: 4600

Assessed Value (2025)
$566,030

Property Details

Beds
2
Baths
2
Living Sqft
1,882
Year Built
1979
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$245,000
1983-04-01
2
$675,000+176%
2012-12-19
MICHAEL SMITH &W ESTHER507 GROVE ISLE LLC

Tax Assessment History

$566,030
Assessed (2025)
$966,830
Market Value
$566,030
Taxable Value
$11,524
Annual Tax
2024
$514,573
$887,000
2025
$566,030
$966,830
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $566,030 $966,830 $566,030 $11,524
2024 $514,573 $887,000 $514,573 $10,476

About 1 GROVE ISLE DR A507, Miami, FL 33133

1 GROVE ISLE DR A507, Miami, FL 33133 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1979 with 1,882 square feet of living space. The property is currently owned by 507 GROVE ISLE LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-12-19 for $675,000, when MICHAEL SMITH &W ESTHER sold to 507 GROVE ISLE LLC. The property has appreciated $430,000 (176%) since the prior sale of $245,000 on 1983-04-01. The 2025 assessed value is $566,030 with a market value of $966,830.

The assessed value increased 10% from $514,573 in 2024. The median household income in this area is $176,188, and the median home value is $1,828,100. The population density is 3,859 people per square mile.

1 GROVE ISLE DR A507, Miami, FL 33133 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 1983 to 2012, with 2 recorded transactions in the public record.

The current assessed value represents 84% of the most recent sale price. Based on the most recent sale, this property traded at $359 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

507 GROVE ISLE LLC
1 GROVE ISLE DR # 507, MIAMI, FL, 33133
Since: 2026-03-29
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People Behind This Entity

Registered Agent: MARX JAMES
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Est. Annual Insurance

$6,060 — $10,988
Flood $400 — $800
Property/Wind $5,660 — $10,188

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$176,188
Median Home Value$1,828,100
Pop. Density3,859/sq mi

Neighborhood 33133

38.8%
Owner-Occ
61.2%
Investor
436
Flips (4yr)
8,811
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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