950 BRICKELL BAY DR 5111, Miami, FL 33131

Parcel: 0141381465560 · Residential · Condominium - Residential · Zoning: 6407

Assessed Value (2025)
$607,537

Property Details

Beds
2
Baths
2.5
Living Sqft
1,278
Year Built
2008
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$471,000
2010-03-08
RICHARD M MELLING &WJAROSLAV VANDA
2
$767,500+63%
2014-09-29
JAROSLAV VANDAMONPELIER VENTURES FLORIDA INC
3
$940,000+22%
2014-12-05
MONPELIER VENTURES FLORIDA INCALEJANDRO ACEVEDO

Tax Assessment History

$607,537
Assessed (2025)
$831,942
Market Value
$556,815
Taxable Value
$11,336
Annual Tax
2024
$590,415
$885,045
2025
$607,537
$831,942
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $607,537 $831,942 $556,815 $11,336
2024 $590,415 $885,045 $540,415 $11,002

About 950 BRICKELL BAY DR 5111, Miami, FL 33131

950 BRICKELL BAY DR 5111, Miami, FL 33131 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2008 with 1,278 square feet of living space. The property is currently owned by ALEJANDRO ACEVEDO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2014-12-05 for $940,000, when MONPELIER VENTURES FLORIDA INC sold to ALEJANDRO ACEVEDO. The property has appreciated $172,500 (22%) since the prior sale of $767,500 on 2014-09-29. There are 3 recorded sales for this property.

The 2025 assessed value is $607,537 with a market value of $831,942. The assessed value increased 3% from $590,415 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $119,888, and the median home value is $632,900. The population density is 156,284 people per square mile. 950 BRICKELL BAY DR 5111, Miami, FL 33131 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 2010 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 65% 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 $736 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ALEJANDRO ACEVEDO
950 BRICKELL BAY DR #5111, MIAMI, FL, 33131
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,045 — $6,875
Flood $400 — $800
Property/Wind $3,645 — $6,075

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$119,888
Median Home Value$632,900
Pop. Density156,284/sq mi

Neighborhood 33131

22.1%
Owner-Occ
77.9%
Investor
1,448
Flips (4yr)
25,103
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →
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