1500 BAY RD 510S, Miami Beach, FL 33139

Parcel: 0232330790600 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$202,677

Property Details

Baths
1
Living Sqft
472
Year Built
1960
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2010-10-29
FERNANDO SUAREZ & GUSTAVO SOSAGUSTAVO SOSA
2
$1,100
2012-11-29
GUSTAVO SOSAFLAMINGO SOUTH BEACH I CONDO
3
$157,900+14255%
2013-11-27
FERNANDO SUAREZFLAMINGO SOUTH ACQUISITIONS LLC

Tax Assessment History

$202,677
Assessed (2025)
$206,067
Market Value
$202,677
Taxable Value
$4,126
Annual Tax
2024
$184,252
$200,065
2025
$202,677
$206,067
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $202,677 $206,067 $202,677 $4,126
2024 $184,252 $200,065 $184,252 $3,751

About 1500 BAY RD 510S, Miami Beach, FL 33139

1500 BAY RD 510S, Miami Beach, FL 33139 is a residential - total value : condominium - residential built in 1960 with 472 square feet of living space. The property is currently owned by FLAMINGO SOUTH ACQUISITIONS 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 2013-11-27 for $157,900, when FERNANDO SUAREZ sold to FLAMINGO SOUTH ACQUISITIONS LLC. The property has appreciated $156,800 (14255%) since the prior sale of $1,100 on 2012-11-29. There are 3 recorded sales for this property.

The 2025 assessed value is $202,677 with a market value of $206,067. The assessed value increased 10% from $184,252 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.

1500 BAY RD 510S, 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 2010 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 128% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $335 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

FLAMINGO SOUTH ACQUISITIONS LLC
4582 S ULSTER ST #1100, DENVER, CO, 80237
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,832 — $5,258
Flood $400 — $800
Property/Wind $2,432 — $4,458

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$75,750
Median Home Value$650,000
Pop. Density48,060/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 →
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