2627 S BAYSHORE DR 503, Miami, FL 33133

Parcel: 0141220300550 · Residential · Condominium - Residential · Zoning: 6110

Assessed Value (2025)
$2,162,134

Property Details

Beds
3
Baths
3.5
Living Sqft
2,640
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,270,000
2012-08-20
BRANKO ZUNJIC &W ROBERTA INGLETTO503 GROVENOR CORP
2
$2,400,000+89%
2022-04-18
503 GROVENOR CORPRUSTYVILLE INVESTMENTS LLC
3
$2,400,000
2022-05-05
4
$1,700,000-29%
2022-10-28
RUSTYVILLE INVESTMENTS LLCMICHELLE M BARONE
5
$1,700,000
2022-11-09

Tax Assessment History

$2,162,134
Assessed (2025)
$2,938,260
Market Value
$2,111,412
Taxable Value
$42,987
Annual Tax
2024
$2,101,200
$2,938,260
2025
$2,162,134
$2,938,260
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,162,134 $2,938,260 $2,111,412 $42,987
2024 $2,101,200 $2,938,260 $2,051,200 $41,761

About 2627 S BAYSHORE DR 503, Miami, FL 33133

2627 S BAYSHORE DR 503, Miami, FL 33133 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2005 with 2,640 square feet of living space. The property is currently owned by MICHELLE M BARONE STEPHEN A RUSSELL, 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 2022-11-09 for $1,700,000. There are 5 recorded sales for this property. The 2025 assessed value is $2,162,134 with a market value of $2,938,260.

The assessed value increased 3% from $2,101,200 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 $1,481,047 recorded against this property. 2627 S BAYSHORE DR 503, 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 2012 to 2022, with 5 recorded transactions in the public record. The current assessed value represents 127% 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 $644 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MICHELLE M BARONE STEPHEN A RUSSELL
2627 S BAYSHORE DR 503, MIAMI, FL, 33133
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$13,372 — $22,421
Flood $400 — $800
Property/Wind $12,972 — $21,621

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
$1,750,000
~$1,481,047 bal.
BANK OF AMERICA NA · 2022-11-09
1 satisfied mortgage
SATISFIED 2022-05-05
$1,700,000
EMERALD CREEK CAPITAL 3 LLC
Est. Total Balance $1,481,047
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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