1621 BAY RD 602, Miami Beach, FL 33139

Parcel: 0232330630120 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$555,521

Property Details

Beds
3
Baths
2
Living Sqft
1,070
Year Built
1997
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$460,000
2006-03-01
2
$340,000-26%
2011-05-27
LUIS FERNANDEZ &WGERARDO JOAQUIN MENDEZ PICON
3
$585,000+72%
2022-06-16
GERARDO JOAQUIN MENDEZ PICONALLISON LAKE SILVERSTEIN
4
$585,000
2022-07-06

Tax Assessment History

$555,521
Assessed (2025)
$555,521
Market Value
$555,521
Taxable Value
$11,310
Annual Tax
2024
$531,368
$555,521
2025
$555,521
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $555,521 $555,521 $555,521 $11,310
2024 $531,368 $555,521 $531,368 $10,818

About 1621 BAY RD 602, Miami Beach, FL 33139

1621 BAY RD 602, Miami Beach, FL 33139 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1997 with 1,070 square feet of living space. The property is currently owned by ALLISON LAKE SILVERSTEIN, 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 2022-07-06 for $585,000. There are 4 recorded sales for this property. The 2025 assessed value is $555,521 with a market value of $555,521.

The assessed value increased 5% from $531,368 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 $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 $417,351 recorded against this property.

1621 BAY RD 602, 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 2006 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 95% of the most recent sale price. Based on the most recent sale, this property traded at $547 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ALLISON LAKE SILVERSTEIN
1621 BAY RD UNIT #602, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,844 — $8,577
Flood $400 — $800
Property/Wind $4,444 — $7,777

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 3.85% rate
$452,000
~$417,351 bal.
ONEWEST BANK FSB · 2022-07-06
Est. Total Balance $417,351
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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