1560 BAY DR, Miami Beach, FL 33141
Parcel: 0232100011070 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$1,457,085
Property Details
Beds
2
Baths
2
Living Sqft
1,968
Year Built
1940
Lot Sqft
8,770
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$1,010,000
2012-10-01
PETER HUYNH &W → GERARDO PORTILLA
2
$4,600,000+355%
2025-10-30
GERARDO PORTILLA → VATSALA SHARMA
3
$4,600,000
2025-11-04
4
$100non-market transfer
2026-02-27
VATSALA SHARMA → 1560 BAY DRIVE LLC
5
N/A
2026-03-09
Tax Assessment History
$1,457,085
Assessed (2025)
$3,327,658
Market Value
$1,406,363
Taxable Value
$28,632
Annual Tax
2024
$1,416,021
$3,187,655
2025
$1,457,085
$3,327,658
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,457,085 | $3,327,658 | $1,406,363 | $28,632 | $3,069,605 | $258,053 |
| 2024 | $1,416,021 | $3,187,655 | $1,366,021 | $27,811 | $2,929,383 | $258,272 |
About 1560 BAY DR, Miami Beach, FL 33141
1560 BAY DR, Miami Beach, FL 33141 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1940 with 1,968 square feet of living space on a 8,770 square foot lot. The property is currently owned by 1560 BAY DRIVE LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 5 recorded sales for this property. The 2025 assessed value is $1,457,085 with a market value of $3,327,658. This breaks down to $3,069,605 for the land and $258,053 for the building.
The assessed value increased 3% from $1,416,021 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $63,542, and the median home value is $628,700.
The population density is 16,540 people per square mile. There are active mortgage liens totaling $5,224,958 recorded against this property. 1560 BAY DR, 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 2012 to 2026, with 5 recorded transactions in the public record..
Current Owner
1560 BAY DRIVE LLC
1560 BAY DR, MIAMI BEACH, FL, 33141
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$17,885 — $32,855
Flood $400 — $800
Property/Wind $17,485 — $32,055
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$63,542
Median Home Value$628,700
Pop. Density16,540/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
$6,542,992
ANCHOR NATIONWIDE LOANS LLC · 2026-03-09
1 satisfied mortgage
SATISFIED 2025-11-04
$3,680,000
WALL STREET FUNDING OF AMERICA
Est. Total Balance $5,224,958
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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