5240 N BAY RD, Miami Beach, FL 33140
Parcel: 0232150031911 · Residential - Single Family · 1 Unit · Zoning: 0800
Assessed Value (2025)
$5,321,916
Property Details
Beds
6
Baths
7.5
Living Sqft
6,413
Year Built
1958
Lot Sqft
13,456
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
2011-10-17
IVAN SCHNEIDER TRS → PHILIPPE DE HAENE TRS
2
$100non-market transfer
2012-03-30
IVAN SCHNEIDER TRS → SDKC PARTNERS LLLP
Tax Assessment History
$5,321,916
Assessed (2025)
$10,175,414
Market Value
$4,760,563
Taxable Value
$96,921
Annual Tax
2024
$5,171,931
$10,810,898
2025
$5,321,916
$10,175,414
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $5,321,916 | $10,175,414 | $4,760,563 | $96,921 | $8,746,400 | $1,429,014 |
| 2024 | $5,171,931 | $10,810,898 | $4,611,300 | $93,882 | $9,365,376 | $1,445,522 |
About 5240 N BAY RD, Miami Beach, FL 33140
5240 N BAY RD, Miami Beach, FL 33140 is a 6-bedroom, 7.5-bathroom residential - single family : 1 unit built in 1958 with 6,413 square feet of living space on a 13,456 square foot lot. The property is currently owned by IVAN SCHNEIDER TRS SDKC PARTNERS LLLP, 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 2012-03-30 for $100, when IVAN SCHNEIDER TRS sold to SDKC PARTNERS LLLP. The 2025 assessed value is $5,321,916 with a market value of $10,175,414. This breaks down to $8,746,400 for the land and $1,429,014 for the building.
The assessed value increased 3% from $5,171,931 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. 5240 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 2011 to 2012, with 2 recorded transactions in the public record..
Current Owner
IVAN SCHNEIDER TRS SDKC PARTNERS LLLP
5240 N.BAY ROAD, MIAMI, FL, 33140
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$64,262 — $117,882
Flood $400 — $800
Property/Wind $63,862 — $117,082
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$191,786
Median Home Value$2,000,001
Pop. Density2,726/sq mi
Neighborhood 33140
27%
Owner-Occ
73%
Investor
2,819
Flips (4yr)
4,853
New Biz (3yr)
Distress Risk
MODERATE
31
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