1500 BAY RD 948S, Miami Beach, FL 33139

1500 BAY RD 948S, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1960 with 1,061 square feet of living space. The property is currently owned by PETER S IGNELL MARY IGNELL, 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 2021-06-29 for $399,000, when IAN R PETERKIN TRS sold to PETER S IGNELL. The property has appreciated $398,900 (398900%) since the prior sale of $100 on 2016-10-13. There are 3 recorded sales for this property.

The 2025 assessed value is $322,000 with a market value of $465,033. The assessed value increased 3% from $312,926 in 2024. The property has the following tax exemptions: homestead.

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 $271,723 recorded against this property. 1500 BAY RD 948S, 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 2016 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price.

Based on the most recent sale, this property traded at $376 per square foot — a key metric for comparing value across Miami Beach's real estate market..