2675 S BAYSHORE DR 1602S, Miami, FL 33133

Parcel: 0141220400850 · Residential · Condominium - Residential · Zoning: 6110

Assessed Value (2025)
$4,297,041

Property Details

Beds
5
Baths
5.5
Living Sqft
3,607
Year Built
2016
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,599,600
2016-10-27
TERRA GROVE COMMUNITIES LLCGRAN 1602 S LLC
2
$5,900,000+64%
2021-09-21
GRAN 1602 S LLCJERRY MILLER
3
$100non-market transfer
2021-09-21
GRAN 1602 S LLCJERRY MILLER
4
$7,000,000
2026-03-12
JERRY MILLERBOUGAINVILLEA LLC

Tax Assessment History

$4,297,041
Assessed (2025)
$5,083,921
Market Value
$4,246,319
Taxable Value
$86,452
Annual Tax
2024
$4,175,939
$5,408,427
2025
$4,297,041
$5,083,921
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,297,041 $5,083,921 $4,246,319 $86,452
2024 $4,175,939 $5,408,427 $4,125,939 $84,001

About 2675 S BAYSHORE DR 1602S, Miami, FL 33133

2675 S BAYSHORE DR 1602S, Miami, FL 33133 is a 5-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2016 with 3,607 square feet of living space. The property is currently owned by BOUGAINVILLEA LLC, recorded as of 2026-05-17. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-03-12 for $7,000,000, when JERRY MILLER sold to BOUGAINVILLEA LLC . The property has appreciated $1,100,000 (19%) since the prior sale of $5,900,000 on 2021-09-21. There are 4 recorded sales for this property.

The 2025 assessed value is $4,297,041 with a market value of $5,083,921. The assessed value increased 3% from $4,175,939 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 $3,780,506 recorded against this property. 2675 S BAYSHORE DR 1602S, 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 2016 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 61% 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 $1941 per square foot — a key metric for comparing value across Miami's real estate market..

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$26,182 — $43,770
Flood $400 — $800
Property/Wind $25,782 — $42,970

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
$4,000,000
~$3,780,506 bal.
STIFEL BANK & TRUST · 2021-09-30
Est. Total Balance $3,780,506
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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