1601 BAY RD 5, Miami Beach, FL 33139

Parcel: 0232330240050 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$346,405

Property Details

Beds
3
Baths
2
Living Sqft
1,220
Year Built
1965
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2018-03-09
JOHN F YEE JFY BAY LLC
2
$100non-market transfer
2018-06-21
EDWARD PELOSOEJP 1601 BAY ROAD 5 LLC
3
$386,000
2021-01-20
EJP 1601 BAY ROAD 5 LLCGIOVANNA ZAMBRANO GOMEZ

Tax Assessment History

$346,405
Assessed (2025)
$433,140
Market Value
$295,683
Taxable Value
$6,020
Annual Tax
2024
$336,643
$433,140
2025
$346,405
$433,140
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $346,405 $433,140 $295,683 $6,020
2024 $336,643 $433,140 $286,643 $5,836

About 1601 BAY RD 5, Miami Beach, FL 33139

1601 BAY RD 5, Miami Beach, FL 33139 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1965 with 1,220 square feet of living space. The property is currently owned by GIOVANNA ZAMBRANO GOMEZ ANDRES JOSE TORTOLEDO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-01-20 for $386,000, when EJP 1601 BAY ROAD 5 LLC sold to GIOVANNA ZAMBRANO GOMEZ . The property has appreciated $385,900 (385900%) since the prior sale of $100 on 2018-06-21. There are 3 recorded sales for this property.

The 2025 assessed value is $346,405 with a market value of $433,140. The assessed value increased 3% from $336,643 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 $80,318, and the median home value is $370,400.

The population density is 25,535 people per square mile. There are active mortgage liens totaling $270,932 recorded against this property. 1601 BAY RD 5, 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 2018 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 $316 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GIOVANNA ZAMBRANO GOMEZ ANDRES JOSE TORTOLEDO
1601 BAY RD #5, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,556 — $8,420
Flood $400 — $800
Property/Wind $4,156 — $7,620

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$80,318
Median Home Value$370,400
Pop. Density25,535/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$289,500
~$270,932 bal.
POINT MORTGAGE CORP · 2021-01-25
Est. Total Balance $270,932
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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