2645 S BAYSHORE DR 1503, Miami, FL 33133

Parcel: 0141220200530 · Residential · Condominium - Residential · Zoning: 6110

Assessed Value (2025)
$1,226,388

Property Details

Beds
3
Baths
3.5
Living Sqft
2,240
Year Built
1996
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$628,000
1996-07-01
2
$650,000+4%
1998-10-01
3
$1,000,000+54%
2010-01-21
R W PAYNE JRJAMES NICKEL

Tax Assessment History

$1,226,388
Assessed (2025)
$2,009,364
Market Value
$1,175,666
Taxable Value
$23,936
Annual Tax
2024
$1,191,826
$2,115,120
2025
$1,226,388
$2,009,364
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,226,388 $2,009,364 $1,175,666 $23,936
2024 $1,191,826 $2,115,120 $1,141,826 $23,247

About 2645 S BAYSHORE DR 1503, Miami, FL 33133

2645 S BAYSHORE DR 1503, Miami, FL 33133 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1996 with 2,240 square feet of living space. The property is currently owned by JAMES NICKEL PATRICIA WHITE, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2010-01-21 for $1,000,000, when R W PAYNE JR sold to JAMES NICKEL. The property has appreciated $350,000 (54%) since the prior sale of $650,000 on 1998-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,226,388 with a market value of $2,009,364. The assessed value increased 3% from $1,191,826 in 2024. The property has the following tax exemptions: homestead.

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 $155,982, and the median home value is $1,144,600.

The population density is 6,661 people per square mile. There are active mortgage liens totaling $474,913 recorded against this property. 2645 S BAYSHORE DR 1503, 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 1996 to 2010, 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 $446 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JAMES NICKEL PATRICIA WHITE
2645 S BAYSHORE DR #1503, MIAMI, FL, 33133
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$10,211 — $17,969
Flood $400 — $800
Property/Wind $9,811 — $17,169

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$155,982
Median Home Value$1,144,600
Pop. Density6,661/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 5.2% rate
$500,000
~$474,913 bal.
FIRST REPUBLIC BANK · 2023-02-17
Est. Total Balance $474,913
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales