7125 BAY DR 404, Miami Beach, FL 33141

Parcel: 0232100420150 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$190,939

Property Details

Beds
1
Baths
1
Living Sqft
790
Year Built
1986
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2018-05-11
ROBERTO C MARTINEZ EST OF SYANNE DEL ROSARIO OLSON
2
$165,000
2019-01-30
HOUSE GROUP ASSETS LLC TRSKAREN HERNANDEZ
3
$235,000+42%
2024-01-18
KAREN HERNANDEZMARINELA BANICA
4
$235,000
2024-01-19

Tax Assessment History

$190,939
Assessed (2025)
$190,939
Market Value
$140,217
Taxable Value
$2,855
Annual Tax
2024
$170,900
$185,378
2025
$190,939
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $190,939 $190,939 $140,217 $2,855
2024 $170,900 $185,378 $170,900 $3,479

About 7125 BAY DR 404, Miami Beach, FL 33141

7125 BAY DR 404, Miami Beach, FL 33141 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1986 with 790 square feet of living space. The property is currently owned by MARINELA BANICA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-01-19 for $235,000. There are 4 recorded sales for this property. The 2025 assessed value is $190,939 with a market value of $190,939.

The assessed value increased 12% from $170,900 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. 7125 BAY DR 404, 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 2018 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price. Based on the most recent sale, this property traded at $297 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MARINELA BANICA
7125 BAY DR 404, MIAMI BEACH, FL, 33141
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,309 — $4,236
Flood $400 — $800
Property/Wind $1,909 — $3,436

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
View full risk analysis →
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