5121 N BAY RD, Miami Beach, FL 33140

Parcel: 0232150032700 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,859,670

Property Details

Beds
6
Baths
4
Living Sqft
4,604
Year Built
1936
Lot Sqft
17,160
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$337,000
1988-02-01
2
$592,000+76%
1998-05-01
3
$3,307,500+459%
2018-06-27
RONALD E SCHRAGER &W SUSAN W HARTHOWARD WOLFSON

Tax Assessment History

$2,859,670
Assessed (2025)
$5,788,771
Market Value
$2,808,948
Taxable Value
$57,188
Annual Tax
2024
$2,779,077
$5,800,594
2025
$2,859,670
$5,788,771
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,859,670 $5,788,771 $2,808,948 $57,188
2024 $2,779,077 $5,800,594 $2,729,077 $55,562

About 5121 N BAY RD, Miami Beach, FL 33140

5121 N BAY RD, Miami Beach, FL 33140 is a 6-bedroom, 4-bathroom residential - single family : 1 unit built in 1936 with 4,604 square feet of living space on a 17,160 square foot lot. The property is currently owned by HOWARD WOLFSON PAMELA BERGMAN WOLFSON, 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 2018-06-27 for $3,307,500, when RONALD E SCHRAGER &W SUSAN W HART sold to HOWARD WOLFSON. The property has appreciated $2,715,500 (459%) since the prior sale of $592,000 on 1998-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,859,670 with a market value of $5,788,771. This breaks down to $4,804,628 for the land and $984,143 for the building. The assessed value increased 3% from $2,779,077 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.

5121 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 1988 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $718 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

HOWARD WOLFSON PAMELA BERGMAN WOLFSON
5121 N BAY RD, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$34,716 — $63,712
Flood $400 — $800
Property/Wind $34,316 — $62,912

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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