2951 S BAYSHORE DR 507, Miami, FL 33133

Parcel: 0141211940620 · Residential · Condominium - Residential · Zoning: 6110

Assessed Value (2025)
$346,991

Property Details

Beds
1
Baths
1
Living Sqft
680
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$205,000
2007-05-01
2
$307,500+50%
2018-09-24
FELIPE SANCHEZ 534 CENTRAL LLC
3
$350,000+14%
2021-10-29
534 CENTRAL LLCLUIS DANIEL CORREA

Tax Assessment History

$346,991
Assessed (2025)
$421,848
Market Value
$346,991
Taxable Value
$7,064
Annual Tax
2024
$315,447
$453,600
2025
$346,991
$421,848
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $346,991 $421,848 $346,991 $7,064
2024 $315,447 $453,600 $315,447 $6,422

About 2951 S BAYSHORE DR 507, Miami, FL 33133

2951 S BAYSHORE DR 507, Miami, FL 33133 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1998 with 680 square feet of living space. The property is currently owned by LUIS DANIEL CORREA SASHA JORDAN CORREA, 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 2021-10-29 for $350,000, when 534 CENTRAL LLC sold to LUIS DANIEL CORREA . The property has appreciated $42,500 (14%) since the prior sale of $307,500 on 2018-09-24. There are 3 recorded sales for this property.

The 2025 assessed value is $346,991 with a market value of $421,848. The assessed value increased 10% from $315,447 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.

There are active mortgage liens totaling $248,594 recorded against this property. 2951 S BAYSHORE DR 507, 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 99% of the most recent sale price. Based on the most recent sale, this property traded at $515 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LUIS DANIEL CORREA SASHA JORDAN CORREA
7760 SW 146 RD, MIAMI, FL, 33183
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,175 — $5,657
Flood $400 — $800
Property/Wind $2,775 — $4,857

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 →

Mortgages

ACTIVE
$262,500
~$248,594 bal.
CITADEL SERVICING CORPORATION · 2021-11-08
Est. Total Balance $248,594
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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