5225 N BAY RD, Miami Beach, FL 33140

Parcel: 0232150032430 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,631,723

Property Details

Beds
3
Baths
2.5
Living Sqft
2,466
Year Built
1940
Lot Sqft
7,750
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,050,000
2017-03-19
LOTTIE B GOLDSMITH (TRUST) LUIS D LOPEZ
2
$1,825,000+74%
2020-11-17
LUIS D LOPEZJOSEPH P PEZZA TRS
3
$3,150,000+73%
2023-11-29
JOSEPH P PEZZA TRSMICHAEL GRINFELD
4
$3,150,000
2023-12-19

Tax Assessment History

$2,631,723
Assessed (2025)
$2,631,723
Market Value
$2,581,001
Taxable Value
$52,547
Annual Tax
2024
$2,637,640
2025
$2,631,723
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,631,723 $2,631,723 $2,581,001 $52,547
2024 $2,637,640 $2,637,640 $2,587,640 $52,682

About 5225 N BAY RD, Miami Beach, FL 33140

5225 N BAY RD, Miami Beach, FL 33140 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1940 with 2,466 square feet of living space on a 7,750 square foot lot. The property is currently owned by MICHAEL GRINFELD ALEXANDRA SANTINELLI, 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 2023-12-19 for $3,150,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,631,723 with a market value of $2,631,723.

This breaks down to $2,170,000 for the land and $461,723 for the building. The assessed value decreased 0% from $2,637,640 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. 5225 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 2017 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 84% of the most recent sale price.

Based on the most recent sale, this property traded at $1277 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MICHAEL GRINFELD ALEXANDRA SANTINELLI
5225 N BAY RD, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$31,980 — $58,697
Flood $400 — $800
Property/Wind $31,580 — $57,897

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
View full risk analysis →
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