4515 N BAY RD, Miami Beach, FL 33140

Parcel: 0232220110860 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$867,150

Property Details

Beds
4
Baths
2
Living Sqft
3,357
Year Built
1928
Lot Sqft
6,000
Stories
3
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$532,500
1999-05-01
2
$620,000+16%
2001-07-01
3
$2,600,000+319%
2025-09-05
BONNIE LERNERNORTH BAY ROAD DOLPHIN LLC
4
$2,600,000
2025-09-09

Tax Assessment History

$867,150
Assessed (2025)
$2,173,139
Market Value
$816,428
Taxable Value
$16,622
Annual Tax
2024
$842,712
$2,057,822
2025
$867,150
$2,173,139
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $867,150 $2,173,139 $816,428 $16,622
2024 $842,712 $2,057,822 $792,712 $16,139

About 4515 N BAY RD, Miami Beach, FL 33140

4515 N BAY RD, Miami Beach, FL 33140 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1928 with 3,357 square feet of living space on a 6,000 square foot lot. The property is currently owned by NORTH BAY ROAD DOLPHIN LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-09-09 for $2,600,000. There are 4 recorded sales for this property. The 2025 assessed value is $867,150 with a market value of $2,173,139.

This breaks down to $1,680,000 for the land and $493,139 for the building. The assessed value increased 3% from $842,712 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $153,229, and the median home value is $1,162,800.

The population density is 4,659 people per square mile. 4515 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 1999 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 33% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $775 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

NORTH BAY ROAD DOLPHIN LLC
4515 N BAY RD, MIAMI, FL, 33140
Since: 2026-03-29
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People Behind This Entity

Registered Agent: ZENBUSINESS INC.
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$10,805 — $19,877
Flood $400 — $800
Property/Wind $10,405 — $19,077

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$153,229
Median Home Value$1,162,800
Pop. Density4,659/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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