5625 N BAY RD, Miami Beach, FL 33140

5625 N BAY RD, Miami Beach, FL 33140 is a 3-bedroom, 4.5-bathroom residential - single family : 1 unit built in 2008 with 4,256 square feet of living space on a 7,500 square foot lot. The property is currently owned by AZURA MB 1 LLC C/O SCHENK, 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 2018-07-18 for $1,200,000, when CM3 INVESTMENT LLC sold to AZURA MB 1 LLC. The property sold for $140,000 less than the prior sale of $1,340,000 on 2010-04-08. There are 3 recorded sales for this property.

The 2025 assessed value is $2,122,018 with a market value of $2,914,273. This breaks down to $2,100,000 for the land and $814,273 for the building. The assessed value increased 10% from $1,929,108 in 2024.

The median household income in this area is $191,786, and the median home value is $2,000,001. The population density is 2,726 people per square mile. There are active mortgage liens totaling $1,103,909 recorded against this property.

5625 N BAY RD, Miami Beach, FL 33140 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 2018, with 3 recorded transactions in the public record.

The current assessed value represents 177% 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 $282 per square foot — a key metric for comparing value across Miami Beach's real estate market..