1500 BAY RD 612S, Miami Beach, FL 33139

Parcel: 0232330790740 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$317,482

Property Details

Beds
1
Baths
1
Living Sqft
745
Year Built
1960
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2014-12-03
FLAMINGO S BEACH I CONDO ASSN INCFANNIE MAE
2
$242,500
2015-07-21
FANNIE MAENEWELL STREET LLC
3
$375,000+55%
2022-09-02
NEWELL STREET LLCFLAMINGO SOUTH ACQUISITIONS LLC
4
$375,000
2022-09-06

Tax Assessment History

$317,482
Assessed (2025)
$317,482
Market Value
$317,482
Taxable Value
$6,464
Annual Tax
2024
$302,731
$308,235
2025
$317,482
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $317,482 $317,482 $317,482 $6,464
2024 $302,731 $308,235 $302,731 $6,163

About 1500 BAY RD 612S, Miami Beach, FL 33139

1500 BAY RD 612S, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1960 with 745 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 2022-09-06 for $375,000. There are 4 recorded sales for this property. The 2025 assessed value is $317,482 with a market value of $317,482.

The assessed value increased 5% from $302,731 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 612S, 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 2014 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price.

Based on the most recent sale, this property traded at $503 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 STE 1700, 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

$4,209 — $7,784
Flood $400 — $800
Property/Wind $3,809 — $6,984

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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