2016 BAY DR 405, Miami Beach, FL 33141

2016 BAY DR 405, Miami Beach, FL 33141 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1966 with 730 square feet of living space. The property is currently owned by CARLOS ROMERO & JESSICA STEINBERG, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2002-09-01 for $112,300. The property has appreciated $72,700 (184%) since the prior sale of $39,600 on 2002-03-01. The 2025 assessed value is $186,233 with a market value of $188,266.

The assessed value increased 10% from $169,303 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 $92,604 recorded against this property. 2016 BAY DR 405, 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 2002 to 2002, with 2 recorded transactions in the public record. The current assessed value represents 166% 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 $154 per square foot — a key metric for comparing value across Miami Beach's real estate market..