7125 BAY DR 205, Miami Beach, FL 33141

7125 BAY DR 205, 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 SANTIAGO PENUELA NEGLIA, 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 2012-12-07 for $96,200, when FEDERAL NATIONAL MORTGAGE ASSN sold to SANTIAGO PENUELA NEGLIA. The property has appreciated $46,100 (92%) since the prior sale of $50,100 on 2012-04-03. There are 3 recorded sales for this property.

The 2025 assessed value is $179,513 with a market value of $187,219. The assessed value increased 10% from $163,194 in 2024. 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 205, 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 2006 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 187% 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 $122 per square foot — a key metric for comparing value across Miami Beach's real estate market..