2321 N BAY RD, Miami Beach, FL 33140

2321 N BAY RD, Miami Beach, FL 33140 is a 3-bedroom, 3.5-bathroom residential - single family : 1 unit built in 2025 with 5,009 square feet of living space on a 10,980 square foot lot. The property is currently owned by CASA DE TORTUGA 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 2026-01-21 for $7,450,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,212,360 with a market value of $2,748,420.

This breaks down to $2,745,000 for the land and $3,420 for the building. The assessed value decreased 2% from $2,255,070 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 $2,852,101 recorded against this property. 2321 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 2018 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 30% 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 $1487 per square foot — a key metric for comparing value across Miami Beach's real estate market..