1500 BAY RD 128S, Miami Beach, FL 33139

Parcel: 0232330791790 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$406,103

Property Details

Beds
2
Baths
2
Living Sqft
1,058
Year Built
1960
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$625,900
2007-11-01
2
$370,000-41%
2021-08-31
SELLE LUIKDAVID L SPECKMAN
3
$370,000
2021-09-28

Tax Assessment History

$406,103
Assessed (2025)
$503,772
Market Value
$406,103
Taxable Value
$8,268
Annual Tax
2024
$369,185
$449,796
2025
$406,103
$503,772
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $406,103 $503,772 $406,103 $8,268
2024 $369,185 $449,796 $369,185 $7,516

About 1500 BAY RD 128S, Miami Beach, FL 33139

1500 BAY RD 128S, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1960 with 1,058 square feet of living space. The property is currently owned by DAVID L SPECKMAN KAROL S SPECKMAN, 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 2021-09-28 for $370,000. There are 3 recorded sales for this property. The 2025 assessed value is $406,103 with a market value of $503,772.

The assessed value increased 10% from $369,185 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 $209,566 recorded against this property.

1500 BAY RD 128S, 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 2007 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 110% of the most recent sale price. Based on the most recent sale, this property traded at $350 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

DAVID L SPECKMAN KAROL S SPECKMAN
1500 BAY RD 128S, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,273 — $9,734
Flood $400 — $800
Property/Wind $4,873 — $8,934

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
$222,000
~$209,566 bal.
CITADEL SERVICING CORP · 2021-09-28
Est. Total Balance $209,566
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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