North Bay Village, FL 33141

North Bay Village, FL 33141 is a property. The property is currently owned by SUNBEAM 1601 79TH STREET 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 2021-04-19 for $13,500,000, when BRICK VILLAGE 79 LLC sold to SUNBEAM 1601 79TH STREET LLC. The property has appreciated $9,000,000 (200%) since the prior sale of $4,500,000 on 2014-06-02. There are 3 recorded sales for this property.

The 2025 assessed value is $2,352,240 with a market value of $4,330,403. This breaks down to $4,320,000 for the land and $10,403 for the building. The assessed value increased 10% from $2,138,400 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 $74,241, and the median home value is $429,600.

The population density is 22,530 people per square mile. The complete ownership history of this property spans from 2002 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 17% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..