3114 N BAY RD, Miami Beach, FL 33140

3114 N BAY RD, Miami Beach, FL 33140 is a 7-bedroom, 9.5-bathroom residential - single family : 1 unit built in 2016 with 9,274 square feet of living space on a 20,500 square foot lot. The property is currently owned by EMILY JOHNSON TRS HOMESWEETHOME TRUST, 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 2023-01-04 for $24,750,000. There are 4 recorded sales for this property. The 2025 assessed value is $21,715,227 with a market value of $21,715,227.

This breaks down to $12,300,000 for the land and $9,415,227 for the building. The assessed value increased 5% from $20,587,543 in 2024. 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.

There are active mortgage liens totaling $16,726,806 recorded against this property. 3114 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 88% of the most recent sale price. Based on the most recent sale, this property traded at $2669 per square foot — a key metric for comparing value across Miami Beach's real estate market..