1500 BAY RD 1238S, Miami Beach, FL 33139

Parcel: 0232330792600 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$620,162

Property Details

Beds
2
Baths
2
Living Sqft
1,239
Year Built
1960
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$660,000
2014-08-13
LUCIANO PROSPERICHIPS HOLDING LTD
2
$630,000-5%
2017-10-04
CHIPS HOLDING LTDJMM CAPITAL MANAGEMENT LLC
3
$100non-market transfer
2017-11-16
JMM CAPITAL MANAGEMENT LLC1500 BAY ROAD 1238 LLC

Tax Assessment History

$620,162
Assessed (2025)
$699,606
Market Value
$620,162
Taxable Value
$12,626
Annual Tax
2024
$563,784
$699,606
2025
$620,162
$699,606
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $620,162 $699,606 $620,162 $12,626
2024 $563,784 $699,606 $563,784 $11,478

About 1500 BAY RD 1238S, Miami Beach, FL 33139

1500 BAY RD 1238S, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1960 with 1,239 square feet of living space. The property is currently owned by 1500 BAY ROAD 1238 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 2017-11-16 for $100, when JMM CAPITAL MANAGEMENT LLC sold to 1500 BAY ROAD 1238 LLC. The property sold for $629,900 less than the prior sale of $630,000 on 2017-10-04. There are 3 recorded sales for this property.

The 2025 assessed value is $620,162 with a market value of $699,606. The assessed value increased 10% from $563,784 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 1238S, 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 2017, with 3 recorded transactions in the public record..

Current Owner

1500 BAY ROAD 1238 LLC
760 NW 107 AVE 300, MIAMI, FL, 33172
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,841 — $14,443
Flood $400 — $800
Property/Wind $7,441 — $13,643

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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