1500 BAY RD 1516S, Miami Beach, FL 33139

Parcel: 0232330791100 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$459,187

Property Details

Beds
2
Baths
2
Living Sqft
1,077
Year Built
1960
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$629,900
2006-10-01
2
$460,000-27%
2016-08-01
ELLIOT KOZER FILIPPO BONFIGLIO
3
$725,000+58%
2025-01-16
FILIPPO BONFIGLIOADAM RYAN
4
$725,000
2025-01-28

Tax Assessment History

$459,187
Assessed (2025)
$563,688
Market Value
$459,187
Taxable Value
$9,349
Annual Tax
2024
$417,443
$536,846
2025
$459,187
$563,688
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $459,187 $563,688 $459,187 $9,349
2024 $417,443 $536,846 $417,443 $8,499

About 1500 BAY RD 1516S, Miami Beach, FL 33139

1500 BAY RD 1516S, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1960 with 1,077 square feet of living space. The property is currently owned by ADAM RYAN, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-01-28 for $725,000. There are 4 recorded sales for this property. The 2025 assessed value is $459,187 with a market value of $563,688.

The assessed value increased 10% from $417,443 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. There are active mortgage liens totaling $512,455 recorded against this property.

1500 BAY RD 1516S, 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 2025, with 4 recorded transactions in the public record.

The current assessed value represents 63% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $673 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ADAM RYAN
1500 BAY RD 1516S, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,910 — $10,902
Flood $400 — $800
Property/Wind $5,510 — $10,102

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 →

Mortgages

ACTIVE
$520,000
~$512,455 bal.
HSBC BANK USA · 2025-01-28
1 satisfied mortgage
SATISFIED 2021-12-08
$220,000
A&D MORTGAGE LLC
Est. Total Balance $512,455
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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