1408 BRICKELL BAY DR 507, Miami, FL 33131

1408 BRICKELL BAY DR 507, Miami, FL 33131 is a residential - total value : condominium - residential built in 1964 with 787 square feet of living space. The property is currently owned by WILRED C ALVAREZ, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-09-11 for $245,000, when VERONICA C MENESES sold to WILRED C ALVAREZ. The property has appreciated $45,000 (23%) since the prior sale of $200,000 on 2005-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $293,251 with a market value of $322,898. The assessed value increased 10% from $266,592 in 2024. This property is located in FEMA Flood Zone VE, a high-risk coastal flood zone with additional wave action hazards.

This is the highest-risk flood designation, and flood insurance is required. 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.

1408 BRICKELL BAY DR 507, 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 2001 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 120% of the most recent sale price. Based on the most recent sale, this property traded at $311 per square foot — a key metric for comparing value across Miami's real estate market..