2051 N BAY RD, Miami Beach, FL 33140

2051 N BAY RD, Miami Beach, FL 33140 is a 4-bedroom, 4.5-bathroom residential - single family : 1 unit built in 2020 with 3,575 square feet of living space on a 7,474 square foot lot. The property is currently owned by ALSALOUSSI ESTATE 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 2021-05-28 for $4,350,000, when JAMIL BOUCHAREB sold to ALSALOUSSI ESTATE LLC. The property has appreciated $3,135,000 (258%) since the prior sale of $1,215,000 on 2016-05-24. There are 3 recorded sales for this property.

The 2025 assessed value is $3,903,391 with a market value of $3,903,391. This breaks down to $1,868,735 for the land and $2,034,656 for the building. The assessed value decreased 4% from $4,073,891 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 $3,000,000 recorded against this property. 2051 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 2016 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 90% of the most recent sale price.

Based on the most recent sale, this property traded at $1217 per square foot — a key metric for comparing value across Miami Beach's real estate market..