2951 S BAYSHORE DR 502, Miami, FL 33133

Parcel: 0141211940120 · Residential · Condominium - Residential · Zoning: 6110

Assessed Value (2025)
$665,651

Property Details

Beds
2
Baths
2
Living Sqft
1,120
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$425,000
2007-12-01
2
$525,000+24%
2017-08-31
PALM COAST INVEST PROP LLC DOUGLAS H OLSON
3
$540,000+3%
2018-08-30
DOUGLAS H OLSONANICETO SOLARES

Tax Assessment History

$665,651
Assessed (2025)
$725,200
Market Value
$665,651
Taxable Value
$13,552
Annual Tax
2024
$605,138
$725,200
2025
$665,651
$725,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $665,651 $725,200 $665,651 $13,552
2024 $605,138 $725,200 $605,138 $12,320

About 2951 S BAYSHORE DR 502, Miami, FL 33133

2951 S BAYSHORE DR 502, Miami, FL 33133 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1998 with 1,120 square feet of living space. The property is currently owned by ANICETO SOLARES LOURDES NEGRON DE SOLARES, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-08-30 for $540,000, when DOUGLAS H OLSON sold to ANICETO SOLARES. The property has appreciated $15,000 (3%) since the prior sale of $525,000 on 2017-08-31. There are 3 recorded sales for this property.

The 2025 assessed value is $665,651 with a market value of $725,200. The assessed value increased 10% from $605,138 in 2024. 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 $128,309, and the median home value is $397,300. The population density is 16,321 people per square mile.

2951 S BAYSHORE DR 502, 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 2007 to 2018, 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 $482 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ANICETO SOLARES LOURDES NEGRON DE SOLARES
2951 S BAYSHORE DR 1113, MIAMI, FL, 33133
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,725 — $10,119
Flood $400 — $800
Property/Wind $5,325 — $9,319

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$128,309
Median Home Value$397,300
Pop. Density16,321/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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