1621 BAY RD 1005, Miami Beach, FL 33139

Parcel: 0232330630430 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$397,559

Property Details

Beds
2
Baths
2
Living Sqft
880
Year Built
1997
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$127,000
1998-02-01
2
$425,000+235%
2021-04-28
JOSE IGNACIO CABRERADERRIC DRIVER

Tax Assessment History

$397,559
Assessed (2025)
$397,559
Market Value
$397,559
Taxable Value
$8,094
Annual Tax
2024
$415,562
$441,732
2025
$397,559
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $397,559 $397,559 $397,559 $8,094
2024 $415,562 $441,732 $415,562 $8,461

About 1621 BAY RD 1005, Miami Beach, FL 33139

1621 BAY RD 1005, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1997 with 880 square feet of living space. The property is currently owned by DERRIC DRIVER, 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 2021-04-28 for $425,000, when JOSE IGNACIO CABRERA sold to DERRIC DRIVER. The property has appreciated $298,000 (235%) since the prior sale of $127,000 on 1998-02-01. The 2025 assessed value is $397,559 with a market value of $397,559.

The assessed value decreased 4% from $415,562 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 $339,630 recorded against this property.

1621 BAY RD 1005, 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 1998 to 2021, with 2 recorded transactions in the public record.

The current assessed value represents 94% of the most recent sale price. Based on the most recent sale, this property traded at $483 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

DERRIC DRIVER
1515 HYDE PARK BLVD 9, HOUSTON, TX, 77006
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,580 — $6,365
Flood $400 — $800
Property/Wind $3,180 — $5,565

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
$361,250
~$339,630 bal.
QUICKEN LOANS LLC · 2021-05-06
Est. Total Balance $339,630
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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