1450 BRICKELL BAY DR 401, Miami, FL 33131

Parcel: 0141390260150 · Residential · Condominium - Residential · Zoning: 4601

Assessed Value (2025)
$389,652

Property Details

Beds
2
Baths
2
Living Sqft
1,249
Year Built
1977
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$162,500
1993-09-01
2
$430,000+165%
2005-11-01
3
$700,000+63%
2023-10-31
FRANCISCO BANDRES &WJORGE IVAN RIOS
4
$700,000
2023-11-13

Tax Assessment History

$389,652
Assessed (2025)
$561,660
Market Value
$338,930
Taxable Value
$6,900
Annual Tax
2024
$378,671
$561,660
2025
$389,652
$561,660
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $389,652 $561,660 $338,930 $6,900
2024 $378,671 $561,660 $328,671 $6,691

About 1450 BRICKELL BAY DR 401, Miami, FL 33131

1450 BRICKELL BAY DR 401, Miami, FL 33131 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1977 with 1,249 square feet of living space. The property is currently owned by JORGE IVAN RIOS PATRICIA CARRAL, 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 2023-11-13 for $700,000. There are 4 recorded sales for this property. The 2025 assessed value is $389,652 with a market value of $561,660.

The assessed value increased 3% from $378,671 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $131,982, and the median home value is $520,900. The population density is 49,992 people per square mile.

There are active mortgage liens totaling $280,156 recorded against this property. 1450 BRICKELL BAY DR 401, 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 1993 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 56% 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 $560 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JORGE IVAN RIOS PATRICIA CARRAL
1450 BRICKELL BAY DR #401, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,296 — $7,813
Flood $400 — $800
Property/Wind $3,896 — $7,013

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$131,982
Median Home Value$520,900
Pop. Density49,992/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 →

Mortgages

ACTIVE
$309,500
~$280,156 bal.
BANK OF AMERICA NA · 2024-02-12
1 satisfied mortgage
SATISFIED 2023-11-13
$300,000
BANK OF AMERICA NA
Est. Total Balance $280,156
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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