2324 N BAY RD, Miami Beach, FL 33140

2324 N BAY RD, Miami Beach, FL 33140 is a 4-bedroom, 5.5-bathroom residential - single family : 1 unit built in 2015 with 9,921 square feet of living space on a 20,000 square foot lot. The property is currently owned by 2324 N BAY LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-04-09 for $18,250,000, when ESTEFANO ISAIAS sold to 2324 N BAY LLC. The property has appreciated $14,750,000 (421%) since the prior sale of $3,500,000 on 2010-04-30. There are 3 recorded sales for this property.

The 2025 assessed value is $23,264,021 with a market value of $24,693,528. This breaks down to $14,000,000 for the land and $10,693,528 for the building. The assessed value increased 10% from $21,149,110 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 $9,433,832 recorded against this property. 2324 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 1982 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 127% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $1840 per square foot — a key metric for comparing value across Miami Beach's real estate market..