5061 N BAY RD, Miami Beach, FL 33140

Parcel: 0232150032810 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$6,964,557

Property Details

Beds
5
Baths
6.5
Living Sqft
5,929
Year Built
2016
Lot Sqft
11,820
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,600,000
2014-03-05
UNION MEXICO MONEY SUPPORT INCRAFI GIBLY
2
$6,499,000+306%
2021-04-16
RAFI GIBLYDAVID REISER
3
$8,520,900+31%
2023-05-23
DAVID REISERDAVID SAHARGUN
4
$8,520,900
2023-06-05

Tax Assessment History

$6,964,557
Assessed (2025)
$6,964,557
Market Value
$6,913,835
Taxable Value
$140,760
Annual Tax
2024
$7,004,199
2025
$6,964,557
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $6,964,557 $6,964,557 $6,913,835 $140,760
2024 $7,004,199 $7,004,199 $6,954,199 $141,582

About 5061 N BAY RD, Miami Beach, FL 33140

5061 N BAY RD, Miami Beach, FL 33140 is a 5-bedroom, 6.5-bathroom residential - single family : 1 unit built in 2016 with 5,929 square feet of living space on a 11,820 square foot lot. The property is currently owned by DAVID SAHARGUN KATE LASHLEY, 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 2023-06-05 for $8,520,900. There are 4 recorded sales for this property. The 2025 assessed value is $6,964,557 with a market value of $6,964,557.

This breaks down to $3,309,955 for the land and $3,654,602 for the building. The assessed value decreased 1% from $7,004,199 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. There are active mortgage liens totaling $6,181,469 recorded against this property.

5061 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 2014 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 82% of the most recent sale price. Based on the most recent sale, this property traded at $1437 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

DAVID SAHARGUN KATE LASHLEY
5061 N BAY RD, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$42,187 — $70,445
Flood $400 — $800
Property/Wind $41,787 — $69,645

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 →

Mortgages

ACTIVE
$6,390,637
~$6,181,469 bal.
CITIBANK NA · 2023-06-05
Est. Total Balance $6,181,469
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales