2011 BAY DR, Miami Beach, FL 33141

2011 BAY DR, Miami Beach, FL 33141 is a 15-bedroom, 15-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1977 with 12,508 square feet of living space on a 7,266 square foot lot. The property is currently owned by BAYWEST ISLES LLC, 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 2022-09-02 for $3,950,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,400,000 with a market value of $2,400,000.

This breaks down to $726,600 for the land and $1,673,400 for the building. The assessed value decreased 18% from $2,925,000 in 2024. The median household income in this area is $68,154, and the median home value is $632,900.

The population density is 9,512 people per square mile. There are active mortgage liens totaling $2,765,000 recorded against this property. 2011 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 2010 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 61% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $316 per square foot — a key metric for comparing value across Miami Beach's real estate market..