1200 BRICKELL BAY DR 2505, Miami, FL 33131

Parcel: 0141390861320 · Residential · Condominium - Residential · Zoning: 6407

Assessed Value (2025)
$346,950

Property Details

Beds
1
Baths
1
Living Sqft
740
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$140,000
2008-07-30
DEUTSCHE BANK NATL TRUST CO TRSLUIS NICOLAS BONIFACINO
2
$162,001+16%
2010-05-20
LUIS NICOLAS BONIFACINOSHAH 2ND LLC
3
$355,000+119%
2021-11-10
SHAH 2ND LLCRICHARD OSTERTAG

Tax Assessment History

$346,950
Assessed (2025)
$346,950
Market Value
$346,950
Taxable Value
$7,064
Annual Tax
2024
$333,179
$385,500
2025
$346,950
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $346,950 $346,950 $346,950 $7,064
2024 $333,179 $385,500 $333,179 $6,783

About 1200 BRICKELL BAY DR 2505, Miami, FL 33131

1200 BRICKELL BAY DR 2505, Miami, FL 33131 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2004 with 740 square feet of living space. The property is currently owned by RICHARD OSTERTAG MOHAMED ALI IMRAN AMEER TAJUDIN, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-11-10 for $355,000, when SHAH 2ND LLC sold to RICHARD OSTERTAG. The property has appreciated $192,999 (119%) since the prior sale of $162,001 on 2010-05-20. There are 3 recorded sales for this property.

The 2025 assessed value is $346,950 with a market value of $346,950. The assessed value increased 4% from $333,179 in 2024. The median household income in this area is $135,809, and the median home value is $633,700.

The population density is 51,337 people per square mile. There are active mortgage liens totaling $380,478 recorded against this property. 1200 BRICKELL BAY DR 2505, 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 2008 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price.

Based on the most recent sale, this property traded at $480 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

RICHARD OSTERTAG MOHAMED ALI IMRAN AMEER TAJUDIN
3585 MONROE ST UNIT 532, SANTA CLARA, CA, 95051
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,481 — $4,269
Flood $400 — $800
Property/Wind $2,081 — $3,469

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$135,809
Median Home Value$633,700
Pop. Density51,337/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
$397,500
~$380,478 bal.
CHERRY CREEK MORTGAGE LLC · 2022-08-09
1 satisfied mortgage
SATISFIED 2021-11-29
$284,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC
Est. Total Balance $380,478
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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