7125 BAY DR 305, Miami Beach, FL 33141

Parcel: 0232100420180 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$181,282

Property Details

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

Sales History

1
$230,000
2006-09-01
2
$47,600-79%
2011-10-06
RICARDO LEONFUND FV AV ALPHA I LLC
3
$80,000+68%
2012-06-18
FUND FV AV ALPHA I LLC305 BAY DRIVE LLC

Tax Assessment History

$181,282
Assessed (2025)
$189,003
Market Value
$181,282
Taxable Value
$3,691
Annual Tax
2024
$164,802
$183,498
2025
$181,282
$189,003
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $181,282 $189,003 $181,282 $3,691
2024 $164,802 $183,498 $164,802 $3,355

About 7125 BAY DR 305, Miami Beach, FL 33141

7125 BAY DR 305, 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 305 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.

The most recent sale was on 2012-06-18 for $80,000, when FUND FV AV ALPHA I LLC sold to 305 BAY DRIVE LLC. The property has appreciated $32,400 (68%) since the prior sale of $47,600 on 2011-10-06. There are 3 recorded sales for this property.

The 2025 assessed value is $181,282 with a market value of $189,003. The assessed value increased 10% from $164,802 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 305, 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 227% 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 $101 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

305 BAY DRIVE LLC
7125 BAY DR # 305, MIAMI BEACH, FL, 33141
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$2,212 — $4,063
Flood $400 — $800
Property/Wind $1,812 — $3,263

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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