5055 N BAY RD, Miami Beach, FL 33140

Parcel: 0232150032820 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$3,798,508

Property Details

Beds
5
Baths
3
Living Sqft
3,980
Year Built
1954
Lot Sqft
11,460
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2019-01-30
ROBERT J FRIEDMAN &W MERYL WMERYL WOLFSON
2
$1,950,000
2020-07-16
MERYL WOLFSONMARC SHINDERMAN
3
$4,750,000+144%
2024-01-04
MARC SHINDERMANNICHOLAS WITTERS
4
$4,750,000
2024-01-11
5
$4,325,000-9%
2026-05-18
NICHOLAS WITTERSSLIM KESKES

Tax Assessment History

$3,798,508
Assessed (2025)
$3,798,508
Market Value
$0
Taxable Value
2024
$2,321,354
$3,935,114
2025
$3,798,508
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,798,508 $3,798,508 $0
2024 $2,321,354 $3,935,114 $2,321,354 $47,261

About 5055 N BAY RD, Miami Beach, FL 33140

5055 N BAY RD, Miami Beach, FL 33140 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1954 with 3,980 square feet of living space on a 11,460 square foot lot. The property is currently owned by SLIM KESKES, recorded as of 2026-06-17. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-05-18 for $4,325,000, when NICHOLAS WITTERS sold to SLIM KESKES. The property sold for $425,000 less than the prior sale of $4,750,000 on 2024-01-11. There are 5 recorded sales for this property.

The 2025 assessed value is $3,798,508 with a market value of $3,798,508. This breaks down to $3,208,800 for the land and $589,708 for the building. The assessed value increased 64% from $2,321,354 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 $3,202,904 recorded against this property. 5055 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 2019 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 88% of the most recent sale price. Based on the most recent sale, this property traded at $1087 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SLIM KESKES
5055 N BAY RD, MIAMI BEACH, FL, 33140
Since: 2026-06-17
View owner profile →

Est. Annual Insurance

$45,982 — $84,367
Flood $400 — $800
Property/Wind $45,582 — $83,567

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 6.253% rate
$3,300,000
~$3,202,904 bal.
HSBC BANK USA · 2024-01-11
Est. Total Balance $3,202,904
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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