7960 BISCAYNE POINT CIR, Miami Beach, FL 33141
Parcel: 0232030010080 · Residential - Single Family · 1 Unit · Zoning: 0800
Assessed Value (2025)
$10,986,804
Property Details
Beds
5
Baths
6.5
Living Sqft
6,408
Year Built
1968
Lot Sqft
12,150
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$100non-market transfer
2021-07-07
REAL DEVELOPMENT → FRANCIS N MILON
2
$13,000,000
2022-04-20
FRANCIS N MILON → JOHN BACKUS
3
$13,000,000
2022-05-17
4
$10,800,000-17%
2026-01-16
JOHN BACKUS → GREGORY FARANO TRS
5
$10,800,000
2026-01-28
Tax Assessment History
$10,986,804
Assessed (2025)
$10,986,804
Market Value
$10,936,082
Taxable Value
$222,650
Annual Tax
2024
$10,939,361
$11,047,472
2025
$10,986,804
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $10,986,804 | $10,986,804 | $10,936,082 | $222,650 | $5,224,500 | $5,762,304 |
| 2024 | $10,939,361 | $11,047,472 | $10,889,361 | $221,699 | $5,224,500 | $5,822,972 |
About 7960 BISCAYNE POINT CIR, Miami Beach, FL 33141
7960 BISCAYNE POINT CIR, Miami Beach, FL 33141 is a 5-bedroom, 6.5-bathroom residential - single family : 1 unit built in 1968 with 6,408 square feet of living space on a 12,150 square foot lot. The property is currently owned by GREGORY FARANO TRS LIMA FAMILY FLORIDA TRUST, 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 2026-01-28 for $10,800,000. There are 5 recorded sales for this property. The 2025 assessed value is $10,986,804 with a market value of $10,986,804.
This breaks down to $5,224,500 for the land and $5,762,304 for the building. The assessed value increased 0% from $10,939,361 in 2024. The property has the following tax exemptions: homestead.
The median household income in this area is $58,318, and the median home value is $906,300. The population density is 14,200 people per square mile. There are active mortgage liens totaling $1,414,277 recorded against this property.
7960 BISCAYNE POINT CIR, Miami Beach, FL 33141 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2021 to 2026, with 5 recorded transactions in the public record.
The current assessed value represents 102% of the most recent sale price. Based on the most recent sale, this property traded at $1685 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
GREGORY FARANO TRS LIMA FAMILY FLORIDA TRUST
61 STRATHEARN RD, TORONTO, ON, M6C 1R5
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$132,241 — $242,509
Flood $400 — $800
Property/Wind $131,841 — $241,709
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$58,318
Median Home Value$906,300
Pop. Density14,200/sq mi
Neighborhood 33141
26.1%
Owner-Occ
73.9%
Investor
443
Flips (4yr)
7,449
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$1,500,000
QUICKEN LOANS LLC · 2021-07-23
1 satisfied mortgage
SATISFIED 2020-10-28
$1,000,000
C BRIDGE INC
Est. Total Balance $1,414,277
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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