2951 S BAYSHORE DR 208, Miami, FL 33133

Parcel: 0141211940690 · Residential · Condominium - Residential · Zoning: 6110

Assessed Value (2025)
$387,986

Property Details

Beds
2
Baths
2
Living Sqft
980
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$200,000
1998-06-01
2
$239,000+20%
2014-02-19
NICOLE MACLEANERNESTO SMITH

Tax Assessment History

$387,986
Assessed (2025)
$451,800
Market Value
$387,986
Taxable Value
$7,899
Annual Tax
2024
$352,715
$451,800
2025
$387,986
$451,800
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $387,986 $451,800 $387,986 $7,899
2024 $352,715 $451,800 $352,715 $7,181

About 2951 S BAYSHORE DR 208, Miami, FL 33133

2951 S BAYSHORE DR 208, Miami, FL 33133 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1998 with 980 square feet of living space. The property is currently owned by ERNESTO SMITH SARESS SMITH, 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 2014-02-19 for $239,000, when NICOLE MACLEAN sold to ERNESTO SMITH. The property has appreciated $39,000 (20%) since the prior sale of $200,000 on 1998-06-01. The 2025 assessed value is $387,986 with a market value of $451,800.

The assessed value increased 10% from $352,715 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 208, 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 1998 to 2014, with 2 recorded transactions in the public record. The current assessed value represents 162% 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 $244 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ERNESTO SMITH SARESS SMITH
EXT ALAMEDA B STREET #A 18, SAN JUAN, PR, 00926
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,503 — $6,231
Flood $400 — $800
Property/Wind $3,103 — $5,431

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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