2627 S BAYSHORE DR 2702, Miami, FL 33133

2627 S BAYSHORE DR 2702, Miami, FL 33133 is a 3-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2006 with 4,370 square feet of living space. The property is currently owned by DAVID SIMMONDS FRANKS C/O LOPEZ TEAL PA, recorded as of 2026-06-20. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-06-11 for $9,600,000, when MAYI DE LA VEGA sold to DAVID SIMMONDS FRANKS. The property has appreciated $6,400,000 (200%) since the prior sale of $3,200,000 on 2020-07-13. There are 4 recorded sales for this property.

The 2025 assessed value is $3,954,778 with a market value of $4,597,840. The assessed value increased 3% from $3,843,322 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 $2,679,681 recorded against this property. 2627 S BAYSHORE DR 2702, 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 2006 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 41% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $2197 per square foot — a key metric for comparing value across Miami's real estate market..