1500 BAY RD 1022S, Miami Beach, FL 33139
Parcel: 0232330791480 · Residential · Condominium - Residential · Zoning: 4100
Assessed Value (2025)
$441,337
Property Details
Beds
2
Baths
2
Living Sqft
1,088
Year Built
1960
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$596,228
2006-09-01
2
N/Anon-market transfer
2021-12-16
RICHARD KRAMER EST OF → NANCY VELEZ
3
$100non-market transfer
2023-03-15
NANCY VELEZ → NANCY VIRGINIA VELEZ TRS
4
N/A
2023-03-16
Tax Assessment History
$441,337
Assessed (2025)
$541,777
Market Value
$441,337
Taxable Value
$8,985
Annual Tax
2024
$401,216
$515,978
2025
$441,337
$541,777
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $441,337 | $541,777 | $441,337 | $8,985 | $0 | $0 |
| 2024 | $401,216 | $515,978 | $401,216 | $8,168 | $0 | $0 |
About 1500 BAY RD 1022S, Miami Beach, FL 33139
1500 BAY RD 1022S, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1960 with 1,088 square feet of living space. The property is currently owned by NANCY VIRGINIA VELEZ TRS NANCY VIRGINIA VELEZ REV TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2025 assessed value is $441,337 with a market value of $541,777. The assessed value increased 10% from $401,216 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 1022S, 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 2023, with 4 recorded transactions in the public record..
Current Owner
NANCY VIRGINIA VELEZ TRS NANCY VIRGINIA VELEZ REV TR
1500 BAY RD APT 1022, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$5,696 — $10,509
Flood $400 — $800
Property/Wind $5,296 — $9,709
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
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