1420 BAY RD, Miami Beach, FL 33139

1420 BAY RD, Miami Beach, FL 33139 is a multifamily 10 units plus : multifamily 3 or more units built in 2001 with 1,385,056 square feet of living space on a 589,873 square foot lot. The property is currently owned by MCZ/CENTRUM FLAMINGO III LLC C/O THOMSON PROPERTY TAX SERVICE, 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 2006-02-28 for $100, when MORTON TOWERS APARTMENTS LP sold to MCZ/CENTRUM FLAMINGO III LLC. The property sold for $53,599,900 less than the prior sale of $53,600,000 on 1997-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $151,600,234 with a market value of $190,000,000. This breaks down to $121,495,395 for the land and $68,504,605 for the building. The assessed value increased 10% from $137,818,395 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 $75,750, and the median home value is $650,000.

The population density is 48,060 people per square mile. 1420 BAY RD, Miami Beach, FL 33139 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 1990 to 2006, with 3 recorded transactions in the public record..