1408 BRICKELL BAY DR 1407, Miami, FL 33131

Parcel: 0141400262050 · Residential · Condominium - Residential · Zoning: 4601

Assessed Value (2025)
$314,316

Property Details

Living Sqft
787
Year Built
1964
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$35,800
1974-03-01
2
$85,000+137%
1980-04-01
3
$90,000+6%
1996-05-01
LUIS PRIETOMARIA ELENA PRIETO

Tax Assessment History

$314,316
Assessed (2025)
$346,064
Market Value
$314,316
Taxable Value
$6,399
Annual Tax
2024
$285,742
$320,430
2025
$314,316
$346,064
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $314,316 $346,064 $314,316 $6,399
2024 $285,742 $320,430 $285,742 $5,817

About 1408 BRICKELL BAY DR 1407, Miami, FL 33131

1408 BRICKELL BAY DR 1407, 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 MARIA ELENA PRIETO, 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 1996-05-01 for $90,000, when LUIS PRIETO sold to MARIA ELENA PRIETO. The property has appreciated $5,000 (6%) since the prior sale of $85,000 on 1980-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $314,316 with a market value of $346,064. The assessed value increased 10% from $285,742 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 1407, 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 1974 to 1996, with 3 recorded transactions in the public record.

The current assessed value represents 349% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $114 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MARIA ELENA PRIETO
1408 SE BAYSHORE DR #1407, MIAMI, FL, 33131-3625
Since: 2026-03-29
View owner profile →

Flood Zone

Zone VE
Special Flood Hazard Area

Est. Annual Insurance

$4,171 — $7,714
Flood $400 — $800
Property/Wind $3,771 — $6,914

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 →
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