5481 N BAY RD, Miami Beach, FL 33140

5481 N BAY RD, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1940 with 2,990 square feet of living space on a 7,750 square foot lot. The property is currently owned by JONATHAN SEGAL AMY SEGAL, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2003-07-01 for $527,500. The property has appreciated $47,500 (10%) since the prior sale of $480,000 on 2002-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $904,306 with a market value of $2,574,297. This breaks down to $2,170,000 for the land and $404,297 for the building. The assessed value increased 3% from $878,821 in 2024.

The property has the following tax exemptions: homestead. 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.

5481 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 1998 to 2003, with 3 recorded transactions in the public record.

The current assessed value represents 171% 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 $176 per square foot — a key metric for comparing value across Miami Beach's real estate market..