3131 N BAY RD, Miami Beach, FL 33140

3131 N BAY RD, Miami Beach, FL 33140 is a 3-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1939 with 2,932 square feet of living space on a 7,356 square foot lot. The property is currently owned by SYLVIA LAURENT JTRS ROSS LIPTON, 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 2014-09-23 for $1,257,000, when ROBERT JEFFREY YOUNG sold to SYLVIA LAURENT JTRS. The property has appreciated $567,000 (82%) since the prior sale of $690,000 on 2010-12-14. There are 3 recorded sales for this property.

The 2025 assessed value is $1,225,749 with a market value of $2,297,460. This breaks down to $1,839,150 for the land and $458,310 for the building. The assessed value increased 3% from $1,191,205 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 $181,375, and the median home value is $1,152,300. The population density is 3,125 people per square mile. 3131 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 2010 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price.

Based on the most recent sale, this property traded at $429 per square foot — a key metric for comparing value across Miami Beach's real estate market..