1500 BAY RD 1222S, Miami Beach, FL 33139

Parcel: 0232330791500 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$450,190

Property Details

Beds
2
Baths
2
Living Sqft
1,088
Year Built
1960
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$575,900
2008-02-01
2
$435,000-24%
2017-12-10
AIZPAR REAL EST HOLDINGS NO 2 LLCOREN GALCHEN

Tax Assessment History

$450,190
Assessed (2025)
$552,646
Market Value
$450,190
Taxable Value
$9,166
Annual Tax
2024
$409,264
$526,330
2025
$450,190
$552,646
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $450,190 $552,646 $450,190 $9,166
2024 $409,264 $526,330 $409,264 $8,332

About 1500 BAY RD 1222S, Miami Beach, FL 33139

1500 BAY RD 1222S, 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 OREN GALCHEN VIKI GALCHEN, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-12-10 for $435,000, when AIZPAR REAL EST HOLDINGS NO 2 LLC sold to OREN GALCHEN. The property sold for $140,900 less than the prior sale of $575,900 on 2008-02-01. The 2025 assessed value is $450,190 with a market value of $552,646.

The assessed value increased 10% from $409,264 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 1222S, 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 2008 to 2017, with 2 recorded transactions in the public record. The current assessed value represents 103% of the most recent sale price.

Based on the most recent sale, this property traded at $400 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

OREN GALCHEN VIKI GALCHEN
1500 BAY RD #1222S, Miami Beach, FL, 33139-3252
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,802 — $10,704
Flood $400 — $800
Property/Wind $5,402 — $9,904

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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