2384 N BAY RD, Miami Beach, FL 33140

2384 N BAY RD, Miami Beach, FL 33140 is a 4-bedroom, 5-bathroom residential - single family : 1 unit built in 1925 with 5,002 square feet of living space on a 20,000 square foot lot. The property is currently owned by DAVID A STEIN TRS C/O STARWOOD CAPITAL, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-12-17 for $20,000,000. There are 5 recorded sales for this property. The 2025 assessed value is $2,028,816 with a market value of $15,227,669.

This breaks down to $14,000,000 for the land and $1,227,669 for the building. The assessed value increased 3% from $1,971,639 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. 2384 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 2021 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 10% 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 $3998 per square foot — a key metric for comparing value across Miami Beach's real estate market..